AML Foundations Course

This course is focused on:

The course is an introduction to the fundamentals of anti-money laundering, counter-terrorism financing, and other financial crimes (AML/CTF+). Learners will gain a comprehensive understanding of the basic principles of AML/CTF+, key terms, and techniques for countering financial crime.

This course provides a foundational introduction to:

• An overview of financial crimes and predicate offences, including the motivations behind them, methods, and impact.
• Understanding risk and risk management in the context of anti-financial crime.
• Foundational knowledge of risk management (compliance) programs, encompassing what they include and offering practical insights.
• Learning how to mitigate financial crime risks and when to terminate business relationships.
• Insights into typical compliance structures across different business sectors, the products and services they offer, and ML/TF risks specific to them.
• Understanding who the regulators are, what regulations typically cover, how to comply with them, and the consequences of non-compliance.
• Understanding the importance of, and the difference between, a Code of Ethics and a Code of Conduct.

The course material, prepared by some of the leading experts in the field, is designed to provide a high degree of various expertise.

The learning experience is enhanced through animated videos to improve retention, along with professionally designed schemes and pictures for visualising complex topics.

Foundations: Essential knowledge for financial integrity.

The AML Foundations (ABC) course is your first step towards becoming a proficient Anti-Financial Crime Specialist.

How long is the course and what does it include?

• Learning method: Online
• Recommended period of completion: 2 weeks
• Duration of video materials: 3 hours
• Format: Video, textual materials, diagrams and schemes
• Practical materials: Yes
• Interactive quizzes: Yes
• Final exam: 30 questions
• Duration of final exam: 60-minute time frame

What qualifications will I receive?

Upon completion of the AML Foundations (ABC) course from the AML Certification Centre, you will receive a Certificate of Completion. This certificate signifies that you have successfully completed the course, gained a thorough understanding of AML/CTF+ fundamentals, and equipped yourself with the necessary knowledge to work in compliance and financial integrity. This confirms your commitment to professional development and mastery of AML/CTF+ foundations.

*AML/CTF+ = Anti-Financial Crime. We frequently use that abbreviation to highlight the most prominent financial crimes, while acknowledging that there are other types, such as proliferation financing.

What are the requirements for a student who wants to take AML Foundations?

• Basic computer and internet skills.
• Knowledge of English at lest B2.
• A desire to understand the principles of anti-money laundering, counter-terrorism financing, countering the financing of terrorism, proliferation financing and other financial crimes.