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CAPS Certification for Estonian CASPs
Compliant: MiCAR and Estonian Law
CDP-Certified Course
What you will learn on the Certified Anti-Money Laundering Principal Specialist for Estonian CASPs course:
- Advanced Knowledge: Delve deeply into complex financial crimes and mitigation techniques.
- Risk Management: Gain expertise in identifying, assessing, and managing AML/CTF+ risks, with a focus on risk appetite and scoring tailored for CASPs.
- Compliance Programs: Master the development and implementation of comprehensive compliance frameworks, including KYC, CDD, EDD, and transaction monitoring.
- Blockchain and Cryptocurrencies: Gain a thorough understanding of blockchain technology, its core principles, and the various types of cryptocurrencies, including tokens, stablecoins, NFTs, and CBDCs.
- Regulatory Mastery: Understand the Estonian AML/CTF+ regulatory approach, focusing on CASP-specific obligations under MLTFPA.
- Cybersecurity in AML/CTF+: Master cybersecurity unique to CASPs, including incident response, penetration testing, and managing IT vulnerabilities in crypto environments.
- Crypto Industry Focus: Explore risks unique to the cryptocurrency sector, such as honeypot, tokenisation, and other CASP-specific risk areas.
- Practical Application: Solve real-world case studies to apply advanced AML/CTF+ concepts in managing risks and responding to regulatory challenges.
What Course Includes:
80 Visual Schemes 
14 Assignments 
84 Submodules of Reading Material 
20 CPD Credits 
Certificate of Completion 
5-6 weeks – Recommended Learning Timeline 
1 595€
1 914€
-20%
Pay 849€ monthly
for 2 months
Total: 1698€
Pay 569€ monthly
for 3 months
Total: 1707€
Equip senior compliance professionals with CAPS, the highest-level AML certification for experts managing financial crime risks. Designed for MLROs, senior officers, Head and Board Members, it focuses on MiCA and industry-specific compliance. A structured, scalable, and cost-effective way to certify top-level AML professionals and strengthen regulatory leadership.
Program overview
Find out what you’ll learn in CAPS, Certified Anti-Money Laundering Principal Specialist for Estonian Crypto-Asset Service Providers, how long it will last, and what qualifications you’ll gain after completing it.
The CAPS Certification Program for Estonian CASPs is designed for professionals aiming to master anti-money laundering (AML), counter-terrorism financing (CTF), and other critical financial crime prevention strategies. This advanced program goes beyond intermediate knowledge, providing in-depth insights into AML/CTF+ compliance, regulatory frameworks, and risk management practices in the Estonian crypto sector.
The program equips learners with the knowledge and skills to address complex compliance challenges, ensuring organisations uphold the highest standards of financial integrity.
This comprehensive certification program offers expertise in the following areas:
- Advanced Understanding of Financial Crime Risks. Explore the intricate mechanisms behind financial crimes, including money laundering, terrorism financing, and proliferation financing, and understand their global impact.
- Blockchain and Cryptocurrencies: Core principles of blockchain technology, types of cryptocurrencies, and their regulatory implications.
- Estonian Regulatory Framework and approach: Detailed insights into Estonia’s AML laws, CASP obligations under the MLTFPA, and the role of compliance officers.
- Risk Management: Advanced risk assessment techniques, identifying red flags, and practical strategies for mitigating ML/TF risks.
- Compliance Program Development: Building effective compliance systems, including KYC, transaction monitoring, and governance structures.
- Cybersecurity in AML/CTF+: Addressing IT risks, data privacy under GDPR, and leveraging technology for compliance.
- Reporting and Audits: Best practices for suspicious activity reporting, internal audits, and ensuring readiness for regulatory scrutiny.
- Consequences of Non-Compliance: Real-world case studies highlighting enforcement actions, penalties, and lessons learned.
The CAPS Certification Program combines advanced expertise with an engaging learning experience, featuring:
- Dynamic Video Lectures: Professionally created content to explain complex topics clearly.
- In-Depth Case Studies: Real-world examples to contextualise theoretical knowledge.
- Interactive Quizzes: Test and reinforce your understanding throughout the course.
- Customised Materials: Jurisdiction- and industry-specific guides for practical application.
- Learning Method: Online.
- Duration: 5-6 weeks (flexible, self-paced).
- Materials: Video lectures, detailed textual content, industry-specific case studies, and schemes.
- Final Assessment: Comprehensive exam with 60 questions, 90 minutes to complete.
- Exam passing threshold: 80%
Upon completing the CAPS Certification Program, you will receive the Certified Anti-Money Laundering Principal Specialist (CAPS) designation, recognised as one of the most advanced qualifications in the AML field.
- Globally Recognised Certification: Demonstrates your expertise in AML/CTF+ compliance and risk management.
- Regulatory Expectations: Your qualification becomes aligned with the expectations of local regulators.
- Career Advancement: Enhances your credentials, positioning you for senior roles in compliance, financial crime prevention, and regulatory affairs.
With the CAPS Certification, you’ll not only master advanced AML/CTF+ strategies but also solidify your position as a leader in the fight against financial crime.
The certificate you will receive and the official designatiion.
View a certificate
- Basic computer and internet skills.
- Knowledge of English at lest B2.
- Professional experience in the field at least 4 years.
- Other high-level professional qualifications.
Contact us to find whether you are eligible.
1
Introduction to Anti-Money Laundering and Counter-Terrorist Financing
Lectures 6 opinions
- Predicate offences for Money Laundering, Terrorist Financing,
- Proliferation Financing and Sanctions
- Understanding Money Laundering, Its Consequences and Its Impact
- Understanding Terrorist Financing, Its Consequences and Its Impact
- Understanding Proliferation Financing, Its Consequences and Its Impact
- International Sanctions: Importance and Why
- Highlights of the previous chapters
2
Introduction to blockchain
Lectures 5 opinions
- Historical Context
- Core Principles of Blockchain
- Challenges and Considerations
- Key Elements of Cryptocurrency Transactions
- Highlights of the previous chapters
3
Overview of various types of cryptocurrencies, including native assets, tokens, stablecoins, NFTs and CBDCs
Lectures 6 opinions
- Virtual Assets, Cryptocurrencies and Crypto-Assets
- Native Assets
- Tokens
- Stablecoins
- Central Bank Digital Currencies
- Highlights of the previous chapters
4
CASP AML/CTF+ Framework in Estonia
Lectures 5 opinions
- EU-wide regulation development
- Estonian Regulation Development
- CASP’s Obligations Under MLTFPA
- AML/CO responsibilities
- Highlights of the previous chapters
5
CASP different services in Estonia
Lectures 10 opinions
- Virtual Currency Service
- Virtual Currency Wallet Service
- Virtual Currency Exchange Service
- Virtual Currency Transfer Service
- Tokenisation
- Over-The-Counter Desk
- Market Making
- Online Gaming
- Crypto ATM’s
- Highlights of the previous chapters
6
Compliance Program
Lectures 5 opinions
- Key elements of an Effective Compliance Program
- Roles and Responsibilities in Compliance
- Compliance Policies and Procedures
- Training and Awareness Programs
- Highlights of the previous chapters
7
CASP Risk Management,- Assessment and – Appetite
Lectures 6 opinions
- Risk Management, – Assessment, and – Appetite
- Risk-, Rule-Based Approach
- ML/TF+ Risk Identification
- AML/CTF+ Risk Scoring
- Examples of Risk Assessment Scenarios and Best Practices
- Highlights of the previous chapters
8
KYC, CDD, EDD, ODD, Transaction monitoring
Lectures 5 opinions
- KYC
- CDD, SDD, EDD
- ODD
- Transaction monitoring
- Highlights of the previous chapters
9
Cybersecurity Risks
Lectures 6 opinions
- Cybersecurity and AML/CTF+
- Incident Response
- Penetration Testing, Black-box, White-box Audits
- Key Aspects of IT Risks in Cryptocurrencies
- Automated technology and systems in AML/CTF+
- Highlights of the previous chapters
10
GDPR Requirements within AML/CTF+
Lectures 6 opinions
- Understanding GDPR and its Importance
- GDPR Compliance in AML/CTF Programs
- Data Subject Rights and AML/CTF+ Obligations
- Ensuring Data Privacy and Security in AML/CTF+ Operations
- Case Studies and Best Practices
- Highlights of the previous chapters
11
Suspicious Activity and/or Transaction
Lectures 5 opinions
- Investigating Suspicious Activity
- Identifying Suspicious Activity and/or Transaction
- Red Flag Indicators Related to Transactions, Transaction Patterns and Anonymity
- Red Flag Indicators About Senders or Recipients; In the Source of Funds or Wealth; Geographical Risks
- Highlights of the previous chapters
12
Reporting obligations
Lectures 5 opinions
- Principles of the tone from the top and information flow
- Reporting obligation from Employees to the AML Department
- Communication by Employees/MLRO on Towards to Customer
- Reporting From the AML Department to FIU
- General Reporting to the Management Board
- Highlights of the previous chapter
13
Audit
Lectures 4 opinions
- The importance of the AML/CTF/IS compliance function as a prerequisite function for the internal audit
- Blockchain Preparation Audit Programme
- Audit
- Highlights of the previous chapters
14
Consequences of Non-compliance with AML/CTF+ Regulations
Lectures 4 opinions
- Enforcement Actions and Penalties for AML/CTF+ Violations
- Utilisation of Non-Compliant Cryptocurrency Exchanges by Criminals for Money Laundering
- Case Studies – Penalties
- Highlights of the previous chapters
To continue training CAPS of another jurisdiction to upgrade your skills
Frequently
Asked
Questions
about CAPS for Estonian CASPs
What is the CAPS certification program?
The Certified AML Principal Specialist (CAPS) program is an advanced third-level certification designed for AML professionals. It provides in-depth, industry-specific training and certification. In that case for Estonian CASPs (Crypto Asset Service Providers), focusing on the country’s regulatory requirements and best practices.
Why should I pursue the CAPS certification?
CAPS for CASPs is the most rigorous certification available for AML professionals working in CASPs. It demonstrates advanced knowledge, compliance excellence, and leadership in AML practices, giving you a competitive edge in the job market and helping your organisation meet regulatory expectations.
Is the CAPS program accredited?
Yes, the CAPS for CASPs program is CPD accredited and developed in collaboration with leading AML experts, and ensuring the expectations of local regulators, ensuring its credibility and relevance to Estonian CASPs.
Who is eligible for the CAPS program?
To enrol in the CAPS program, you must: • Have at least four years of professional experience in AML compliance or a related field. • Hold a recognised AML certification, such as CASS or an equivalent qualification, or other professional recognition. Click on the “Check eligibility” button to contact us.
What certificate is awarded upon successful completion of the course?
Upon successful completion of the exam, you will be awarded the CPD accredited CASS certificate, confirming your expertise in AML. Also, you will be granted 1-year membership in the CPD institute.
Can I enrol if I don’t meet the eligibility criteria?
No, CAPS is an advanced program with strict entry requirements to ensure participants are adequately prepared for the level of expertise required.
What is the duration of the CAPS?
The course is designed to run for 5-6 weeks. The training is online, allowing you to learn at your own pace.
What language is the certification program in?
The program is taught in English, taking into account the context of the Estonian law.
What is the format of the CAPS exam?
The exam is conducted online and includes a mix of multiple-choice questions, case-based scenarios, and true/false questions totalling 60 questions. You will have 90 minutes to complete the exam.
What is the passing criteria for the CAPS exam?
You must achieve at least 80% to pass the CAPS exam, reflecting the program’s high standards.
What happens if I fail the exam?
If you do not pass the exam, you will have 2 additional attempts each 15 days after the examination to ensure the continuing learning. The following attempts are available for a fee of 75€ each. You will also receive feedback to help you improve.
What documents will I receive after completing the course?
Upon successful completion of the course you will receive a Certified Anti-Money Laundering Principal Specialist certificate, which is recognized in Estonia and abroad.
How will I receive my certification?
Upon passing the exam, you will receive a digital certificate, along with the official CAPS designation.
How much does the CAPS program cost?
The CAPS program for Estonian CASPs costs €1595 (including VAT). This includes all course materials, the exam fee, and certification issuance.
Are there discounts available?
Yes, we always have different ongoing promotions, contact us to learn more. Also, the public sector employees are eligible for a 20% discount on the program fee.
Can my organisation sponsor my participation in the program?
Yes, we accept organisational sponsorships. Please contact sales@amlcertification.com for details on bulk enrolments or business invoicing.
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