Money laundering continues to hold high profile with regulators and firms alike. This course is an intermediate level qualification aimed at those embarking on an anti money laundering career or already in a junior AML role.
New / recently appointed MLROs and deputies, new / recently appointed Financial Crime and Risk Officers, Compliance Officers, internal auditors assuming responsibilities for money laundering/financial crime issues and all individuals engaged in financial services and who aspire to a career in anti money laundering
Money laundering continues to hold a high profile with regulators and firms alike. Non-compliance with anti money laundering requirements can result in both significant reputational damage and financial penalties for organisations. This means appropriate training for staff is essential. Anti money laundering training options abound, however a professional qualification from the International Compliance Association will provide certificated evidence of knowledge and skills gained.
The ICA International Advanced Certificate in Anti Money Laundering is an intermediate level qualification aimed at those embarking on an anti money laundering career or already in a less senior AML role. The course covers the UK and international regulatory environment and focuses on the role of the Money Laundering Reporting Officer in practical terms. You will learn how to manage the risks of terrorist financing and evaluate suspicious activity. You will also study the AML risks involved in emerging industry sectors such as mobile financial services and e-payments.
Unit 1: The International Context
Unit 2: Legal and Regulatory Frameworks
Unit 3: AML in Practice
Unit 4: Sanctions
Unit 5: Customer Due Diligence (CDD)
Unit 6: Managing the risk of Money Laundering and Terrorist Financing
Unit 7: Transaction Monitoring and Filtering Framework
Unit 8: Suspicious Activity Reporting
Unit 9: Emerging Industry Sectors
Unit 10: Escalations and Exits
This qualification is currently included or recently proposed to be included in the JFSC Qualification Table 5 for the TCB sector.
This course is open to anyone who is interested in pursuing a career in AML. However, the content of the programme requires students to possess:
ICA qualifications are awarded in association with Alliance Manchester Business School, The University of Manchester.
In order to study any ICA qualification you need to be a member of the ICA, joining our international professional community of thousands of like-minded individuals. The fee for ICA Affiliate Membership is £97 payable to ICA* and includes your assessment and access to invaluable knowledge resources that will help with your course as well as many other member benefits and services (view the list of membership services and benefits that you’ll receive here). Become an Affiliate Member.
*unless you are a member of the ICA already.