ANTI-MONEY LAUNDERING & TERRORIST FINANCING
Anti-Money Laundering focuses on how illegal activities can be carried out by criminals in the normal range of economic and underground economic activity. This course deals with how organisations and its people can become more aware and prevent money laundering.
WHAT YOU’LL LEARN:
UNDERSTANDING MONEY LAUNDERING AND HOW IT WORKS
UNDERSTANDING TERRORIST FINANCING AND HOW IT WORKS
WHAT IS ANTI-MONEY LAUNDERING AND COUNTER-TERRORIST FINANCING?
IDENTIFY RED FLAGS FOR SUSPICIOUS ACTIVITIES
WHAT IS CUSTOMER DUE DILIGENCE (CDD)? AND KNOW YOUR CUSTOMER (KYC)
AML and CTF Risk Factors for CDD and KYC
This is an introduction to Money Laudering and how it works
This introduces Terrorist Financing and how it works
This cover what AML and CTF is, the consequence of money-laundering and of non-compliance
Covers transaction monitoring and screening, which will include red flags for suspicious activities
This covers why and how banks and financial institutions need to do background checks on their customers with regards to AML
This will highlight risks to be aware of, when conducting background checks on customers