Become a Certified Anti-Money Laundering Specialist with the Global Compliance Institute. This certification program helps you better understand anti-money laundering, going far beyond traditional training materials that simply discuss the stages and methods of money laundering.
This program will help you discover international standards and best practices for combating financial crime. Understand and analyse the evolution of money and financial technologies (Virtual Currencies & Virtual Assets). Prepare an intelligent due diligence and investigation process employing the most advanced techniques and technologies in Fintech (Robotic Process Automation & Artificial Intelligence).
You will learn how to build and develop compliant systems and processes for online onboarding, EKYC, AML risk rating, and transaction monitoring. Everything is explained in detail, along with cases, examples, and proposed models you can implement in your own institution.
We are a leading provider of accredited, certified banking training. This program is accredited and recognised, and is compatible with global CPD principles.
Fees
COURSE OUTLINES
Financial Crime Principles
- Understand and analyse the elements of Money Laundering, including Predicate Offences, Proceeds, Concealment, and State of Mind (the mental element), in addition to Serious Crime, Threshold Approach, Dual Criminality, and Unwelcome Money.
- Learn how to detect and prevent Cuckoo Smurfing and Money Mules.
- Identify Terrorism Financing and Proliferation Financing typologies.
- Analyse real Money Laundering cases and examples.
Risk-Based Approach & Compliance Monitoring
- Learn how to apply an AML "Risk-Based" approach, including Automated Customer Risk Rating, Transaction Monitoring, and AML Regulatory Examinations, along with detailed models and examples.
- Prepare a detailed and comprehensive Geographic Risk Index (GRI) that covers Money Laundering, Terrorism Impact, International Sanctions, Corruption, and Financial Secrecy.
- Learn how to conduct a KYC Analysis and a reasonableness test of the KYC information.
- Learn how to detect PEPs through Customer Due Diligence and PEP Screening, PEP Risk Assessment, classification, and declassification according to FATF & Wolfsberg.
- Learn how to identify Ultimate Beneficial Owners (UBOs) with detailed examples.
Fintech & the Evolution of Money and Financial Crime
- Know how to build a compliant online customer onboarding process, Digital Identity, and eKYC.
- Develop Transaction Monitoring Systems (TMS), Money Laundering Risk Rating Tools, and Case Management Systems employing the latest technologies in AML, including Artificial Intelligence and Robotic Process Automation.
- Understand the evolution of money, Virtual Currencies & Virtual Assets, and how to mitigate the associated financial crime risks.
- Analyse the opportunities and challenges presented by Fintech in the fight against financial crime.
Money Laundering in the Financial Sector
- Identify the key risks and red flag indicators associated with Money Laundering in the financial sector, with a focus on the banking and securities sectors.
Money Laundering in Non-Financial Sectors
- Recognise the risks and typologies of Money Laundering in non-financial sectors, including the roles played by real estate agents, precious metals and stones dealers, lawyers, notaries, accountants, trust and company service providers, casinos, charities, and non-profit organisations.
The International Framework of AML
- Understand the international framework of AML compliance, including the Financial Action Task Force, Basel Committee on Banking Supervision, Wolfsberg Group, the US AMLA 2020, and EU AML Directives.
Examination
- Exam Duration: 120 Minutes
- Number of Questions: 100
- Type of Questions: Multiple Choice
- Pass Mark: 75/100
COURSE DETAILS
What You Get
Your one-year membership includes access to the candidate portal, where you can:
- Download the programme study guide
- Undertake the practice questions
- Schedule your online proctored exam
When you pass the assessment, you will receive an e-certificate and verifiable digital badge.
GCI also offers one free exam retake.
Enrol today to become a Certified Anti-Money Laundering Specialist (AMLS).
Target Audience
AML Officers and Managers, as well as front-line and back-office staff who participate in processing financial transactions, in the following industries:
- Banking Industry
- Insurance and Reinsurance Companies
- Brokerage Firms
- Leasing and Microfinance Companies
- Lending Firms
- Exchange Houses and Money Service Businesses
Workers at Supervisory Authorities
For example:
- Central Banks
- Financial Sector Regulatory Authorities
- Financial Intelligence Units (FIUs)
- Tax Authorities
- Related Ministries and Government Bodies
AML Solutions Providers
Professionals working for AML solutions providers.
Designated Non-Financial Businesses and Professions
- Real Estate Companies
- Independent Legal Professionals (i.e. notaries and lawyers)
- Precious Metals and Stones Companies
- Trust and Investment Funds Companies
- External Auditors and Accounting Professionals
Registration Options
Candidates have two options to register for any of the GCI programmes:
Option 1: Self-Study
Take the online proctored exam from home.
GCI's examination process is set to the highest standards. Students gain access to an easy-to-navigate online portal, where they can download their certificate study guide (e-book) in their selected language and undertake the practice questions as many times as needed.
Once the candidate is ready to sit the assessment, they can schedule their online proctored exam with a click of a button through their membership area and undertake the exam at any time and from anywhere. The assessment platform is usually available 24/7.
- Anticipated reading hours: 45 Hours
- Anticipated Studying hours: 90 Hours
Option 2: Instructor-Led Programme
Virtual or in-person instructor-led sessions for groups of 10 or more are scheduled based on demand. Contact us to enquire about upcoming dates, or check this page regularly for the latest course dates and updates.
Ready to advance your career or provide your staff with the practical training experience they are looking for?
Reach out to us today to find out how we can help advance your career or provide your staff with the practical training experience they are looking for.
Available Languages
- English
- Arabic
- Turkish
- French