AML Foundations VASPs

This is a comprehensive course that serves as an introduction to:

• Finding out more about financial crimes and the underlying offenses, and how they are motivated, planned, and what the consequences are.
• Understanding risks and risk management.
• Getting more info about elements of compliance programs aimed at managing risk and practical considerations.
• Learning how to identify and mitigate risks associated with financial crimes while deciding when to end business relationships.
• Learning about regulators, complying with regulations, and avoiding non-compliance.
• Recognizing why a Code of Ethics differs from a Code of Conduct.

The material is carefully designed by renowned industry experts who have gathered their intellectual resources into this highly diverse program.

Animated videos and schemes explain nuanced concepts, enhancing recall and forming part of the learning experience.

Begin your journey to becoming an Anti-Financial Crime Specialist in the VASPs sector through AML Foundations (ABC) for VASPs, which forms the basis of proficiency required in this fast-changing field.

How Long Will It Take?

The AML Foundations (ABC) for VASPs course is provided by the AML Certification Centre and structured to cover the fundamentals of anti-financial crime in the context of aspiring personnel working in VASPs. Here are some details about the course and its qualifications:

• Method of learning: online.
• Duration of course materials: 10 hours.
• Duration of video materials: 3 hours.
• Format: videos, texts, diagrams.
• Practical materials: included.
• Interactive quizzes: included.
• Final exam: has 30 questions.
• Duration of Final Exam: 60 minutes.

Qualifications Upon Completion

On successful completion of the AML Foundations (ABC) for VASPs course, you will receive a Certificate of Completion from the AML Certification Center. This certificate confirms your knowledge on AML/CTF+ basics that indicate your understanding in anti-financial crime principles and compliance with financial integrity measures in relation to VASPs.

• Have basic computer skills as well as internet literacy.
• English proficiency level not below B2.
• Demonstrate an earnest interest in learning about money laundering concepts, including terrorism financing, combating terrorist financing, proliferation finance, etc., besides other forms of financial offenses.
• Show determination to join the profession within VASPs.

Finishing the course means that besides improving your knowledge and abilities on anti-financial crime issues, you also recognize professional development as well as expertise in such a critical field.