All regulated financial institutions are required to provide all employees with an annual anti-money laundering awareness training.
Regular AML/CFT Risk Awareness training enhances employees’ vigilance against the latest ML/TF risks faced by the business and their role in mitigating this risk.
Using the highly regarded i-KYC Annual AML/CFT Risk Awareness e-learning helps organisations to effectively train and test their staff about correct understanding of the latest AML/CFT risks and trends.
Overview Course Content
Module 1: Money Laundering & Terrorism Finance
- Definitions of ML & TF
- Predicate offences
- The three phases of money laundering: Placement, Layering & Integration
- The Money laundering Challenge: Can you launder dirty money? (interactive case study)
Module 2: AML/CFT Laws & Regulations
- AML/CFT Legislations
- Key requirements of AML/CFT law
- CDD/KYC policies financial institutions
- ML/TF Red flags
Module 3: Knowledge Check
- Minimum passing score
- Audit trail: evidence of completion
- Certificate of Completion.
