AML Foundations Gambling and iGaming
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  • English

AML Foundations Gambling and iGaming

Anti-Money Laundering, Counter-Terrorist Financing, AML Foundations, Financial Crimes, Risk Management, Compliance, KYC, CDD, Gambling, Gaming

  • 5/5
    stars stars stars stars stars
  • 84
  • Beginner
  • English English
  • Last update 6.2024
Beginner
Global
Last update 6.2024

This course includes:

  • icon list 4 Hours of on-demand video
  • icon list 23 Submodules of reading material
  • icon list 26 Schemes
  • icon list 30 Assignments
  • icon list Final Exam
  • icon list Certificate of completion
  • icon list 2 weeks - Recommended learning timeline

365 €

This course includes Foundations

What You’ll Learn in the Course:

  • Overview: exploring different types of financial offenses and crimes in the Gambling and iGaming sector
  • Risk Management: understanding and mitigating risks
  • Compliance Programs: basic rules for Gambling and iGaming operators
  • Regulatory Understanding: navigating global and regional regulations
  • Industry Specifics: business and ML/TF characteristics in Gambling and iGaming
  • Ethics and Conduct: promoting ethical behavior in the industry
  • Practical Application: implementing AML/CTF principles through case studies
  • Terminology: essential terms for AML/CTF professionals in Gambling and iGaming

Course overview

This course offers a comprehensive introduction to the prevention of money laundering, terrorist financing, and other financial crimes within the gambling and iGaming sectors (AML/CTF+). Students will gain a robust understanding of essential principles, critical terminology, and practical skills necessary to combat financial crimes, with a particular focus on the unique challenges faced by gambling and iGaming operators.

This comprehensive course serves as an introduction to the following key areas:

  • Exploring Financial Crimes: Understand the motivations, planning, and consequences of financial crimes and related offenses in the gambling and iGaming sectors.
  • Risk Management: Learn to identify, assess, and manage risks associated with financial crimes.
  • Compliance Programs: Gain insights into the elements of compliance programs designed to manage risks, including practical considerations.
  • Risk Mitigation: Develop skills to identify and mitigate risks linked to financial crimes, and learn how to make informed decisions about terminating business relationships.
  • Regulatory Compliance: Understand the role of regulators, learn to comply with regulations, and avoid non-compliance issues.
  • Ethics vs. Conduct: Recognize the differences between a Code of Ethics and a Code of Conduct and their importance in the gambling and iGaming industries.

The course content is meticulously crafted by renowned industry experts, integrating their extensive knowledge and experience into this diverse and engaging program.

Through the use of animated videos and schematics, complex concepts are explained in an easy-to-understand manner, enhancing retention and providing a comprehensive learning experience.

Embark on your journey to becoming an Anti-Financial Crime Specialist in the gambling and iGaming sectors with AML Foundations. This course lays the groundwork for the proficiency required in this dynamic and rapidly evolving field.

How Long Will It Take?

The AML Foundations Gambling and iGaming course, provided by the AML Certification Centre, is designed to equip aspiring professionals in the gambling and iGaming sectors with a solid foundation in anti-financial crime principles. Here are the key details about the course structure and qualifications:

  • Learning Method: Online
  • Course Material Duration: 10 hours
  • Video Material Duration: 3 hours
  • Format: Videos, texts, diagrams
  • Practical Materials: Included
  • Interactive Quizzes: Included
  • Final Exam: 30 questions
  • Exam Duration: 60 minutes

Qualifications Upon Completion

Upon successfully completing the AML Foundations Gambling and iGaming course, you will receive a Certificate of Completion from the AML Certification Centre. This certificate validates your knowledge of AML/CTF+ fundamentals and demonstrates your understanding of anti-financial crime principles and compliance measures relevant to the gambling and iGaming sectors.

Requirements

For admission into an AML Foundations Gambling and iGaming course, a student needs to fulfill these prerequisites:

  • Basic Computer Skills: Ability to use a computer and navigate the internet effectively.
  • English Proficiency: At least a B2 level in English.
  • Interest in Financial Crime Prevention: A strong desire to learn about money laundering, terrorism financing, combating terrorist financing, proliferation finance, and other financial crimes.
  • Career Aspirations in the Gambling and iGaming Sectors: A clear intention to join the profession within these industries.

Completing the AML Foundations Gambling and iGaming course will not only enhance your knowledge and skills in anti-financial crime practices but also demonstrate your commitment to professional growth and expertise in this vital field. This course provides the essential foundation for a successful career in preventing financial crimes within the gambling and iGaming sectors.

Course content

  • 7 sections
  • 23 lectures
  • 4h total length
Introduction to Financial Crimes

3 lectures

20 min

What are Financial Crimes?
Typology of Financial Crimes
Consequences and Impacts of Financial Crime
Risk

5 lectures

45 min

Understanding of Risk
What is Financial Crime Risk?
Risk Management in AML/CTF+ and Financial Crime
The importance of financial crime risk management
How FC risk is managed?
Compliance Program

5 lectures

45 min

Understanding of Compliance Program
Foundations of Compliance Programs
Foundations of KYC
Foundations of Ongoing Due Diligence
Sanctions Compliance
What is Reporting of Suspicious Financial Activities (SAR/STR)?
Termination of Business Relationship
Insight into different business sectors required to follow AML/CTF+ regulations

1 lecture

10 min

Understanding of different business sectors
Foundations of Regulation

4 lectures

30 min

International Organisations and Frameworks in AML/CTF+
Who is the Regulator?
AML/CTF+ difference by country and industry
Consequences of non-compliance
Ethical and Conduct Considerations

2 lectures

15 min

Importance of Code of Ethics and Code of Conduct
Comparison of Code of Ethics and Code of Conduct
Insight into the Gambling & iGaming sector and AML/CTF+ specifics

1 lecture

10 min

Understanding of Gambling & iGaming sector business and risks

Career path

Upon completing the AML Foundations Gambling and iGaming course, individuals are well-prepared for entry-level or supportive roles in AML/CTF+ within the gambling and iGaming sectors. Here are several potential job positions suitable for graduates of this course:

AML Compliance Assistant: Assists in Anti-Money Laundering compliance tasks within gambling and iGaming entities. €22,000 – €30,000
Junior Compliance Analyst: Focuses on entry-level compliance tasks and ensures adherence to AML regulations. €25,000 – €35,000
Client Onboarding Analyst: Manages client onboarding procedures, ensuring compliance with KYC regulations. €23,000 – €32,000
KYC (Know Your Customer) Analyst: Specializes in Know Your Customer procedures within gambling and iGaming entities. €24,000 – €33,000
Transaction Monitoring Analyst: Monitors transactions to ensure compliance with AML regulations within gambling and iGaming institutions. €25,000 – €34,000
Compliance Administrative Assistant: Supports compliance activities and administrative tasks within gambling and iGaming institutions. €20,000 – €28,000
Regulatory Compliance Assistant: Ensures regulatory compliance within gambling and iGaming sectors. €22,000 – €30,000
Risk Assessment Coordinator (Junior): Assists in risk assessment and ensures compliance with regulations within gambling and iGaming entities. €25,000 – €40,000

*Remember, these are just general estimates, and the actual salary for any given role can vary depending on the specific circumstances like the country, industry, additional certifications and experience.

 

FAQ

Who Should Enroll in the AML Foundations Gambling and iGaming Course?

The AML Foundations Gambling and iGaming course caters to individuals across various backgrounds, including students, financial professionals, and anyone keen on deepening their knowledge of combating money laundering, particularly within the gambling and iGaming sectors.

What are the Advantages of AML Foundations Gambling and iGaming Certification?

Obtaining the certification not only validates your expertise but also enhances your resume and expands your employment opportunities within financial institutions.

What Skills Will I Develop in the AML Foundations Gambling and iGaming Course?

Throughout the course, you will acquire essential skills such as identifying different financial crimes and related offenses, understanding compliance structures and programs specific to the gambling and iGaming industries, analyzing transactions, detecting suspicious activities, and applying pertinent laws to prevent money laundering within these sectors.

Why Take the AML Foundations Gambling and iGaming Course?

Participating in this course enriches your knowledge of anti-money laundering practices, strengthens your professional competencies, and positions you as a valuable asset in the financial sector.

Who is the Target Audience for the AML Foundations Gambling and iGaming Course?

This course is tailored for individuals seeking to grasp the principles and practices of anti-money laundering within the gambling and iGaming sectors, including financial analysts, compliance officers, and employees of gambling and iGaming companies.

How Does the Examination Process Work?

Upon completion of the course and its associated lessons, you will undergo a test comprising multiple-choice questions. Passing the exam earns you a certificate for the course. In case of failure, you have the opportunity to retake the exam after a brief waiting period.

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