Learnership Management System

ANTI-MONEY LAUNDERING TRAINING COURSE

ANTI-MONEY LAUNDERING TRAINING COURSE

COURSE NAME:ANTI-MONEY LAUNDERING COURSE
REQUIREMENTS: Computer and Internet.
ENTRY LEVEL: All levels, basic numeracy and literacy.
MINIMUM TIME: 2 Hours +
PASS RATE: Required 80%, unlimited re-take.
EXAM TYPE: Online QUIZ, True/False and Match.
CERTIFICATE: Instant download on completion.

ANTI-MONEY LAUNDERING TRAINING COURSE

This Anti- Money Laundering  and Counter Financing of Terrorism course seeks to equip participants with knowledge pertaining to regulatory and structural requirements needed to comply with Anti-Money Laundering/Counter Financing of Terrorism requirements.

COURSE CONTENT:

1. INTRODUCTION TO MONEY LAUNDERING

MONEY LAUNDERING HISTORY
KEY TAKEAWAYS
MONEY LAUNDERING A MASSIVE PROBLEM
REGULATION REQUIREMENTS

2. ANTI-MONEY LAUNDERING LEGISLATION AND REGULATORY FRAMEWORK

INTRODUCTION
UNITED NATION CONVENTIONS
ANTI-MONEY LAUNDERING LEGISLATION IN THE UK

3. ANTI-MONEY LAUNDERING ORGANISATIONS RESPONSIBILITIES

INTRODUCTION
COMMON TERMINOLOGY USED
COMPANY COMPLIANCE
REPORTING OFFICER
EMPLOYEE SCREENING
EMPLOYEE RESPONSIBILITIES
ANTI-LAUNDERING POLICIES

4. ANTI-MONEY LAUNDERING RISK BASED APPROACH

COMMON TERMINOLOGY USED
TYPES OF BUSINESS TO BE IDENTIFIED
YOUR CUSTOMERS
LOCATION
SECTOR
DEVELOPING A RISK BASED APPROACH

5. CUSTOMER DUE DILIGENCE

INTRODUCTION
COMMON TERMINOLOGY USED
CUSTOMER DUE DILIGENCE
SITUATIONS TO APPLY TO
CUSTOMER IDENTIFICATION OF BENEFICIAL OWNERS
CUSTOMER DUE DILIGENCE MEASURES
ENHANCED DUE DILIGENCE (E.D.D.)
SIMPLIFIED DUE DILIGENCE (S.D.D.)
POLITICALLY EXPOSED PERSONS (P.E.P.)
RECORD KEEPING
HIGH RISK COUNTRIES

6. RECORD KEEPING

INTRODUCTION
COMMON TERMINOLOGY USED
DUE DILIGENCE RECORDS
SUSPICIOUS ACTIVITY REPORTS (S.A.R.)
TRAINING RECORDS AND AWARENESS
GENERAL RECORDS OF INTERNAL A.M.L. CONTROLS
USE OF ELECTRONIC DATA
DELETION OF PERSONAL DATA

7. IDENTIFYING AND REPORTING SUSPICIOUS ACTIVITY

IDENTIFYING SUSPICIOUS ACTIVITY
SUSPICIOUS ACTIVITY REPORTING
INCLUDED IN EXTERNAL SAR
CONFIDENTIALITY
CONSENT NEEDED
BUSINESS OPERATION AFTER SUBMISSION OF SAR
REPORTING SUSPICIOUS ACTIVITY
WHISTLE-BLOWING

8. STAFF TRAINING

RELEVANT BUSINESS
TRAINING PROGRAMS
TRAINING REQUIREMENTS
NOMINATED OFFICER
WHEN TO TRAIN
WHEN SHOULD TRAINING BE COMPLETED?
CPD TRAINING

ANTI-MONEY LAUNDERING TRAINING COURSE