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Anti-Money Laundering and Compliance

Anti-money laundering includes laws, regulations and processes to prevent criminals from converting illegally obtained funds to legal income.

Though the outreach of these laws is limited, the implications of disobeying them are far-reaching. Banks and other financial institutions are expected to follow stringent guidelines to ensure that through any means of onboarding customers for various services or helping them manage their wealth, they are not contributing to money laundering.

Many firms appoint compliance officers to especially focus on ensuring adherence to guidelines and regulations. Anti-money laundering policies specifically require robust and efficient record-keeping of transactions and other details by banks and financial institutions.


20 Hours


Pre/Mid and Post Assessments (Local Achievement)


The key objective of this Anti Money Laundering Regulations, Compliance, Process and Policy course is to empower professionals to:

  • thoroughly understand all critical areas of anti-money laundering, including regulation, compliance, process and policy
  • carefully audit organisational systems and processes to ensure adherence with anti-money laundering guidelines, increasing organisational credibility
  • identify challenges and risks from gaps in organisational operations, thus raising money laundering red flags in time and preventing reputational, financial and operational loss to one’s organisation
    mentor other professionals to have a keen eye on all transactions and functions to prevent money laundering within one’s organisation
  • audit to ensure adherence to international standards and guidelines, thus preventing financial losses
  • apply advanced technology to track transactions and detect possible areas or activities of money laundering, thus managing organisational risks and promoting organisational development
  • multitask and successfully oversee multiple functions related to money laundering, thus proving one’s dynamism and versatility to handle greater responsibilities within the organisation, ensuring faster career progression
  • draft, review and amend anti-money laundering policies for one’s organisation from time to time to prevent these from getting outdated or incapable of stopping money laundering

Who Should Attend?

  • Bankersand other executives involved in various functions and transactions
  • Managers overseeing multiple functions across the bank or other financial institutions
  • Top management of organisations responsible for making growth- and policy-related decisions for the organisation
  • Compliance officers responsible for ensuring adherence to required standards and regulations
  • Legal officers playing a critical role in cases of money laundering
  • Any other professional interested in knowing more about anti-money laundering.


This Anti Money Laundering Regulations, Compliance, Process and Policy course offers the following training on anti-money laundering:

Module 1 – Three Stages of Money Laundering

  • Placement
  • Layering
  • Integration

Module 2 – Causes of Money Laundering

  • Absence of legislation
  • Tax evasion
  • Increase in profits
  • Converting black to white money
  • Limited risks of exposure

Module 3 – Predictive Crimes for Money Laundering

  • Corruption and bribery
  • Drug trafficking
  • Human trafficking
  • Arms trafficking
  • Smuggling
  • Terrorism
  • Environmental crime
  • Organised crime
  • Fraud

Module 4 – Money Laundering Techniques

  • Bulk cash smuggling
  • Structuring/Smurfing
  • Cash-intensive business
  • Trade-based laundering
  • Shell companies
  • Bank capture
  • Real estate laundering
  • Casino laundering

Module 5 – Risks to Banks from Money Laundering

  • Reputational risks
  • Legal risks
  • Operational risks
  • Concentration risks

Module 6 – Fundamentals of Anti-Money Laundering Practices

  • Written policies
  • Compliance officer role
  • Training
  • Review

Module 7 – Anti-Money Laundering Organisations and Initiatives

  • Financial Action Task Force
  • International Monetary Fund
  • World Bank
  • European Union and the European Council
  • United Nations Office on Drugs and Crime

Module 8 – Unusual Activities Acting as Anti-Money Laundering Red Flags

  • Large cash transactions
  • A large number of transactions
  • Spikes in activity or amounts
  • Cash-heavy business-related transactions
  • Transactions from jurisdictions with money laundering history
  • Transactions related to potential money launderers
  • Offshore international activity
  • Secured and unsecured lending

Module 9 – Emerging Trends in Anti-Money Laundering Practices

  • Focus on digital payment-related issues
  • Use of third-party utilities
  • Adoption of enterprise-level approaches
  • Adoption of analytics

Module 10 – Important Aspects of Third-Party Vendors to Manage Anti-Money Laundering Activities for Businesses

  • Comprehensive data from numerous sources
  • Individual identity verification
  • Media monitoring for adverse mentions
  • Frequent updates
  • Effective integration capabilities
  • System scale and speed
  • Workflow automation
  • Adaptable matching algorithm settings
  • Re-screening capabilities
  • Risk-based approach

Module 11 – Types of Software Addressing Anti-Money Laundering

  • Transaction monitoring systems
  • Currency transaction reporting systems
  • Customer identity management systems
  • Compliance management software

Module 12 – Challenges in Anti-Money Laundering Compliance

  • Increased governance
  • Lack of skilled personnel
  • Complicated processes and technology

Module 13 – Fraud

  • Fraud and Money Laundering: What’s the Connection
  • Identity Theft
  • Phishing
  • Cash Back Fraud
  • Others


The taught instructor-led course will be a suitable mix of lectures, tutorials, workshops, case studies, videos and hands on practical exercises. Delegates will be given immediate opportunities to apply what they have learned with real life problems and case studies. A comprehensive course workbook is at the core of this course and delegates will also be guided through additional material in the instructor-led sessions.


There are no pre-requisites required for this course but a basic understanding of safety in the workplace would be better.


With professionals undertaking this course, organisations will benefit in the ways mentioned below:

  • Efficient, stringent anti-money laundering practices managed by trained professionals
  • Robust, clear policies outlining all requirements and prohibitions related to anti-money laundering, thus ensuring that all employees understand and follow these diligently
  • A thorough review of organisational processes to check for possible gaps that could pose money laundering risks
  • Adherence to required standards and laws of operation related to money laundering
  • Use of technology to increase the accuracy of money laundering checks as well as screening and monitoring steps to prevent money laundering
  • Regular training of other employees to ensure that they are alert and diligent and play an important role in preventing money laundering
  • Effective resource utilisation because of a single individual possessing immense knowledge of all aspects and functions of anti-money laundering
  • Specific, specialised roles, that of a compliance officer, to check all processes, transactions and activities of the organisation, thus increasing organisational credibility
  • Organisational growth and development because of increased organisational credibility and better risk management
  • Professionals opting for this Anti Money Laundering Regulations, Compliance, Process and Policy course will benefit in the ways mentioned below:
  • Complete knowledge and informationabout anti-money laundering, including regulations, compliance, process and policy
  • Increased experience and confidence to review and identify gaps in processes that could feed money laundering attempts
  • Better understanding and exposure to draft and clearly define policies laying out guidelines around anti-money laundering, to prevent financial losses to the organisation
  • Improved understanding and experience to train other professionals on anti-money laundering practices
  • Greater multi-tasking skills to handle and successfully fulfil multiple roles within one’s organisation, thus proving one’s dynamism to handle greater roles supporting career progression
  • Increased understanding and knowledge to check for adherence to and AML compliancewith internationally acceptable standards and laws
  • Enhanced skill set and capabilities to work with advanced technology to increase the accuracy and efficiency of managing activities and identifying possible gaps and money laundering risks
  • Greater potential and knowledge to contribute to an increase in organisational credibility, thereby promoting organisational growth.

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