Anti-Money Laundering and Financial Compliance

Global money laundering accounts for 2-5% of global GDP ($800 billion to $2 trillion), and fines for AML violations reached $10.7 billion in 2022. Financial institutions face increasing regulatory pressure to strengthen AML controls. This programme equips compliance and AML professionals with comprehensive knowledge and skills. Covering AML/CFT frameworks (FATF, local regulations), money laundering stages (placement, layering, integration), red flags and suspicious indicators, customer due diligence (CDD) and enhanced due diligence (EDD), KYC procedures, suspicious activity reporting (SAR/STR), sanctions screening, AML risk assessment, and AML technology and analytics. Participants build an AML risk assessment and compliance improvement plan for their institution.

Money laundering is 2-5% of global GDP and AML fines hit $10.7B in 2022. Regulatory pressure is increasing. This programme gives you the frameworks and tools to build robust AML controls and protect your institution.