All-Inclusive Guide to Anti-Money Laundering Compliance
[NEW] AML Compliance made easy - KYC, CDD, EDD, Risk, Ongoing Monitoring, Suspicious Transactions, Screening and More!
4.53 (89 reviews)
209
students
2 hours
content
Jan 2024
last update
$59.99
regular price
What you will learn
Understand the concept of Anti-Money Laundering (AML) and terrorist financing, and learn about some key bodies
Appointment and role of the key compliance officers
Understand the risk-based approach
Know how to conduct a business risk assessment and a client risk assessment
Establishment of Policies, Procedures and Controls (Compliance Manual)
Customer Due Diligence (CDD): Standard, Simplified and Enhanced Due Diligence
Know-Your-Client (KYC) vs. Customer Due Diligence (CDD)
Understand the high-risk factors
Independent screening: Public domain, risk intelligence database and various sanctions lists
Reliance on third parties to conduct part of the Customer Due Diligence (CDD) exercise
Ongoing monitoring of transactions
Various money laundering techniques
Indicators of suspicious transactions
Tips to scrutinize suspicious transactions
Understand what tipping-off means
Steps to report a suspicious transaction
Record keeping requirements
Independent screening of officers and employees
The importance of training and the risk of having an untrained workforce
Appointment of an independent auditor to check the effectiveness of your AML framework
What happens if you fail to comply with the relevant AML laws and regulations?
Key takeaways from this course
What do you now know about money launderers?
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5018124
udemy ID
12/10/2022
course created date
12/30/2022
course indexed date
kokku
course submited by