Anti Money Laundering Officer

Course Curriculum

The detailed curriculum outline of our Anti Money Laundering Officer Training course is as follows:

Module 01: Introduction to Money Laundering

In this introductory module, we will develop our understanding of what money laundering is and will explore the three stages of money laundering in detail.

Module 02: Proceeds of Crime Act 2002

In module two, we will learn the principles of the Proceeds of Crime Act 2002 and discuss the notions and elements of criminal property. It covers the concealing offense, arranging office and the Acquisition, Use and Possession Offence.

Module 03: Development of Anti-Money Laundering Regulation

In module three, we will familiarise with terrorist legislation and take a more in-depth look at The Proceeds of Crime Act 2002. It provides essential information on the second, third, fourth and fifth Money Laundering Directive.

Module 04: Responsibility of the Money Laundering Reporting Officer

In module four, we will learn about the role of the money laundering reporting officer and the information that needs to be included in the MLRO’s Annual Report. It also covers internal reporting procedures.

Module 05: Risk-based Approach

In module five, we will develop our understanding of customer due diligence and the main factors to consider when determining AML risk. It also provides step-by-step guidance on how to assess client risk.

Module 06: Customer Due Diligence

In module six, we will explore the key elements needed in a customer due to diligence program, from account opening to customer identification and verification. It also covers consolidated KYC risk management.

Module 07: Record Keeping

In module seven, we will look at record-keeping procedures and best practices, including in what form records should be kept and the consequences of failure to keep records.

Module 08: Suspicious Conduct and Transactions

In module eight, we will gain an in-depth understanding of what constitutes suspicious activity and what to do if customer activity appears suspicious, as well as the types of events that may cause suspicion.

Module 09: Awareness and Training

In module nine, we will take a look at the legal requirements for staff training and awareness, including the responsibilities of senior staff. A wide range of training methods will be explored, as well as key assessment procedures.

Accreditation

All of our courses, including this Anti Money Laundering Officer Training course, are fully accredited, providing you with up-to-date skills and knowledge and helping you to become more competent and effective in your chosen field.

Certification

Once you’ve successfully completed your Anti Money Laundering Officer Training course, you will immediately be sent a digital certificate. Also, you can have your printed certificate delivered by post (shipping cost £3.99). Our certifications have no expiry dates, although we do recommend that you renew them every 12 months.

Assessment

At the end of the course, there will be an online assessment, which you will need to pass to complete the course. Answers are marked instantly and automatically, allowing you to know straight away whether you have passed. If you haven’t, there’s no limit on the number of times you can take the final exam. All this is included in the one-time fee you paid for the course itself.