Money laundering prevention remains high on the agenda for financial services professionals. An integrated approach to fighting the risk is needed, and knowledgeable, fully trained staff are essential to that approach. The ICA Diploma in Anti Money Laundering helps individuals develop best practice initiatives and prepares them to face present and future challenges, therefore reducing risk.
Money Laundering Reporting Officers and deputies, Money Laundering Prevention Officers and deputies, Managers with responsibility for internal anti money laundering and / or compliance controls, Risk Managers, Internal and external audit staff, Regulatory representative and anyone who requires an in-depth knowledge of the fundamental regulatory principles relation to money laundering reporting and prevention
The ICA International Diploma in Anti Money Laundering (AML) is comprehensive and reflects the complexity of today's regulatory environment. The programme focuses on relevant best practice, legislation and regulations. It examine various strategies, frameworks and vulnerabilities. Elements involved in the reporting of suspicious transactions are explored. Internal controls are considered including the design of money laundering prevention frameworks, and Customer Due Diligence.
The Diploma focuses on current major issues that impact upon the money laundering prevention role. By the end of the programme, you will have an in-depth (practical) knowledge that can be drawn upon in the execution of your duties. Understanding the external framework gives you a perspective that will enable you to make informed decisions in the delivery of your money laundering prevention strategy. Knowledge gained can be used to evaluate systems and controls and tailor them to meet future challenges.
Module 1: Anti Money Laundering (AML) and Combating Terrorist Financing (CTF) in Context
Module 2: Customer Identification (CDD), Customer Risk Profiling and Customer Monitoring
Module 3: Sanctions
Module 4: Designing a Comprehensive AML and CTF Framework for a Financial Services Business
Module 5: Governance and Leadership
Module 6: Suspicious Activity/ Suspicious Transaction Reporting and Dealing with the Authorities
This qualification is currently included or recently proposed to be included in the JFSC Qualification Table 4 for the TCB sector.
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.
The course fee is £3450 (+ VAT or local taxes if applicable) payable to our training partner. Students from certain low GDP countries receive a 15% discount on this fee. View list of applicable countries here.
*unless you are a member of the ICA already.