Anti-money Laundering (AML)

Anti-money laundering is a serious crime and organizations and individuals especially working in public firms such as banks need to know how to combat Money laundering using some best practices known as AML practices. This includes policies, laws, guidelines and regulations to prevent criminals' financial crimes and other illegal activity, across the globe.

• Duration: 30 minutes

• Target Audience: All employees of an organization.

• Course Prerequisites: None

• Business Outcomes: To help employee with knowledge of Anti Money Laundering or AML best practices to stay ever vigilant and report any incidents to the right channel or authority.

Let’s Deepen Our Understanding

The below words only indicate, the relevance to go through the Anti-money Laundering (AML) course when procedures targeted at uncovering money disguised as legitimate income, combating money laundering activities, crimes, intentional actions, comes into the picture. These are not an exhaustive set of terms but are relevant for sure.

Bribery, Anti-bribery, Corruption, Clearing, Money Laundering, Know Your Customers (KYC), Cash Deposits, Compliance, Secrecy, Act, Blacklist, Control, Effectiveness, Integral, Sanctions, Investigator, Screening, Financial Intelligence.

After covering our existing course, if you need more details on a specific key word mentioned above or something unique to your organization, let us know and we will make those updates as needed, subject to discussion.

Course Description

• Money laundering is a serious crime and organizations and individuals especially working in public firms such as banks need to know how to combat money laundering using some best practices known as AML practices.

• To help employees report suspicious AML activities.

• This eLearning course will help you know about AML and some best practices related to it.

By the end of this course, you will be able to:

• Explain money laundering in the context of financial crime.

• Explain ‘Anti-money Laundering (AML)’ and the bank's customer due diligence process for the prevention of money laundering.

• Outline the screening process in the context of AML.

• State the importance of suspicious activity reporting in financial institutions.