Anti-Money Laundering (AML) Training Course

Name: Anti-Money Laundering (AML) & Terrorism Financing (TF) Training Course | ProProfs
Rating: 4.4 (26 reviews)

Learn how to combat money laundering & terrorism financing

Anti-money laundering (AML) and counter-terrorism financing (CTF) laws and regulations have been enacted in the United States to dissuade businesses from engaging in these illegal activities and protect them from their adverse effects. This online training course provides an overview of money laundering and terrorist financing. It includes case studies, final assessments, helpful resources, and course feedback. Understand money laundering and terrorism financing, their differences, AML and CTF regulations, and how to identify and report suspicious activities. Avoid legal consequences, prevent operational disruptions, and safeguard your business reputation.

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What's Covered in This Course?

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Course Outline

Anti-Money Laundering (AML) Training

1. Course Overview

Course Overview

2. Introduction to Money Laundering

History of Money Laundering in the USA
Definitions
Money Laundering Vs Terrorist Financing
Stages of Money Laundering
Case Study: Money Laundering
Case Study: Terrorist Financing
Test Your Knowledge
Chapter Feedback

3. AML/CTF Regulations

Evolution of the Bank Secrecy Act & Recent Reforms in the US Anti-Money Laundering Legislation
Requirements, Obligations & Reporting
Sanctions by BSA
Financial Intelligence Units (FIUs)
Office of Foreign Assets Control (OFAC)
Case Study: American Story
Test Your Knowledge
Chapter Feedback

4. Measures for Prevention of ML & TF

Policies, Procedures & Internal Controls
Know Your Customer Procedure (KYC)
Risk Categorization
Sanctions Screening
Training Program
AML Compliance
Test Your Knowledge
Chapter Feedback

5. Conclusion

Final Assessment
Course Handouts
Course Feedback

About The Instructor

Dimitar Pop-Georgiev

Dimitar Pop-Georgiev has a bachelor's degree in Law and a master's degree in Business Law. He has the CAMS Certification within the Association of Certified Anti-money Laundering Specialists (ACAMS) in Luxembourg (Reference No. ER-000090065).

He has been working in the area of Compliance & AML in the banking industry for 5 years, serving as Compliance Associate in the biggest retail bank in the Republic of North Macedonia and as a Head of Compliance in a small commercial bank.

Training Maker Includes

Build your own training courses

100+ customizable courses

Forums & learner communities

API & Single Sign-On, SAML & LDAP

SCORM, TinCan & LRS

Course bundles & learning paths

White label

Online classroom

Case studies, quizzes & final exam

Nationally recognized completion certificate

Scores & completion tracking

24/7 support

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