AML - Certificate in anti money laundering (aml)

Learn AML (Anti Money Laundering) Skills and Knowledge with ILC.

Money laundering is one of the most common white-collar crimes around the world. According to the International Monetary Fund (IMF), money laundering is "the process of deliberately concealing the origins of illegally obtained money (i.e. 'dirty money') by making such funds appear to have come from a legitimate source ('clean money.')" This certificate in anti-money laundering (aml) course is for every individual who is interested in understanding the money laundering framework.

A certificate in anti-money laundering (aml) is designed to give you a comprehensive overview of the AML framework, how it works and what professionals are looking for in the market today. In addition, you will learn about AML policies and procedures, risk assessment, compliance requirements, and the professional skills and attitudes employers seek. Criminals and terrorists launder money to make their cash seem "honest." Money laundering allows criminals to continue their illegal activities while negatively impacting the economy. In this course, employees learn to do their part in preventing money laundering. For instance, they know about due diligence.

Certificate in anti-money laundering (aml) is a comprehensive overview of anti-money laundering frameworks. It covers terrorist financing, customer due diligence checks, and processes. First, the Certificate in anti-money laundering (aml) defines money laundering and describes the 'regulated sector' defined by the Proceeds of Crime Act. It then introduces anti-money laundering procedures and legislation and explores what constitutes a breach of these procedures. Finally, the course ends by asking the learner to consider what should be done in practice when such a breach occurs, giving examples of possible lines of investigation.

This Certificate in anti-money laundering (aml) is for anyone who wants to learn more about AML and career opportunities in this field. It is designed to give you a comprehensive overview of the AML framework, how it works and what professionals are looking for in the market today. In addition, you will learn about AML policies and procedures, risk assessment, compliance requirements, and the professional skills and attitudes employers seek.

Certificate of completion

Digital certificate - Included

Certificate of completion

Hard copy certificate - £15

Money-Laundering is a major criminal problem worldwide. This Certificate in anti-money laundering (aml) starts by defining money laundering and describing the 'regulated sector' defined by the Proceeds of Crime Act.

The Certificate in anti-money laundering (aml) discusses several money-laundering offences, including tax evasion, theft, fraud, bribery and the financing of terrorism. You'll learn about some of the 'red flags' indicating illegal activity and the connections between money laundering and certain financial institutions.

You'll see how the regulated sector combats money laundering through compliance, due diligence, and record-keeping.

Finally, the AML course examines companies' internal controls and monitoring to fight against money laundering, including policy statements, effective reporting systems, and staff responsibilities.

AML COURSE OUTLINE

• Module 1: Introduction
• Module 2: The Law
• Module 3: Money-Laundering
• Module 4: Due Diligence
• Module 5: Internal Controls and Monitoring

AML Course DURATION

The total duration of AML video content is 50 Minutes; it does not include the time taken to read, analyse, attempt the quiz, or conduct any other research.

Learners can access the Learning Platform 24/7. The period to complete the course depends on the learner’s pace and the time dedicated to training. Though the course is self-paced, the learner will be given a maximum period of 12 Months from the date of enrolment. Learners may request for an extension, but ILC holds the right to close/lock the course after the completion of 12 Months.

AML Course ASSESSMENT

After successful enrollment, the learner will access the Learning Platform, where the training material is available. The training is in video format, and each module has many videos.

3-5 Multiple Choice Questions follow each module. You will have the option to review the video content as often as you like and submit the test once you are satisfied with the answers. The minimum pass score is 80%, and you will have 3 attempts to pass the test for each module. But, if you cannot pass in three attempts, you can request 3 more attempts for all modules, after which all modules will be locked.

AML Course ACCREDITATION

The AML curse offered by Inspire London College is approved and accredited by The CPD Certification Services and different organisations in specific fields, including IIRSM (International Institute of Risk and Safety Management), IATP (Independent Asbestos Training Providers), and IFE (Institution of Fire Engineers).

AML CERTIFICATION

There are two options for a certificate of completion:

OPTION 1

After the assessment is completed, the ‘Get Your Certificate’ button will become available. Learners can use this to download the free certificates in PDF format.

• Certificate of Completion(PDF format) = Free of Cost
• Certificate of Completion(Hardcopy) = £15

OPTION 2

You can also get CPD Accredited Certificate from Inspire London College along with a transcript either in PDF format or Hardcopy.

CPD Accredited Certificate of Completion along with Transcript (PDF format) = £29

CPD Accredited Certificate of Completion along with Transcript (Hardcopy) £40 + Postal charges £15 = £55

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