Book with Confidence: If your plans change, go virtual, come later on, or get a full refund.
Dismiss

Anti-money Laundering (AML)

Course Information:

Venue:Duration:Date:Price:
Online £1,750.00 12 hrsFlexible
In-House Agreed with client FlexiblePOA
London 5 days 18-Apr£3,500.00
London 5 days 14-Nov£3,500.00

REGISTER NOW

    Please ensure you fill out all fields








    With your permission, we would also like to keep you updated about programs and/or services similar to the one you are enquiring about as well as special offers, L&D updates and content to help you with your ongoing learning and development. If this is okay please tick the box below

    Subscribe to our newsletter

    Your personal details are very important to us and we only use them for admin reasons only, unless you have asked to receive our newsletter and marketing. This is in accordance with our Privacy Policy

    LCT 2022 Brochure
    DOWNLOAD NOW
    LCT 2022 Brochure
    DOWNLOAD NOW

    Who should attend?

      Those for whom finance is part of their responsibility and need a greater understanding of finance. They will be from all sectors, including private, public and not-for-profit including:

      • Those who are non-specialists in finance
      • Budget holders who are responsible for creating and managing their department’s budgets
      • Operations managers who want to know more about cost management and projects
      • Senior sales and marketing employees who have to understand financial statements
      • Senior managers who require greater financial literacy skills
      • Managers facing financial decisions or expect to make a contribution to a wider planning process

    Accreditations

    Outcomes

      • Interpret and apply financial information in a business environment
      • Put together a budget to justify expected expenditure
      • Develop skills in interpreting financial statements and calculating selected key ratios
      • Measure budgetary performance
      • Conduct effective investment appraisals

    COURSE TOPICS:

    The Scope of Money Laundering

      • What is money laundering?
      • How money is laundered
      • The money laundering offences
      • How money laundering destroys value
      • Terrorist financing

    Regulatory Frameworks

      • International Bodies and Standard Setters
      • National Regulatory Frameworks
      • The impact of the FATF standards and recommendations on domestic frameworks
      • Industry and professional guidance
      • Examples of other jurisdictions

    The Risk-based Approach

      • What is a risk-based approach?
      • FATF guidance on the risk-based approach
      • Determining the risks
      • Implementing a risk-based approach
      • The role of the money laundering reporting officer

    AM Tools

      • Tool 1: KYA (Know Your Assets)
      • Tool 2: KYB (Know Your Business)
      • Tool 3: KYC (Know Your Customer)
      • Tool 4: CDD (Customer Due Diligence)
      • Tool 5: EDD (Enhanced Due Diligence)
      • Tool 6: SDD (Simplified Due Diligence)

    Recognising and Reporting Suspicions

      • The international requirements
      • Currency transaction reporting
      • What is meant by suspicion and reasonable grounds to suspect?
      • What constitutes suspicious activity?
      • The SAR/STR process and its documentation





    × Available on SundayMondayTuesdayWednesdayThursdayFridaySaturday