Training on Anti-Money Laundering and AML Compliance

Preventing, detecting, and reporting money laundering and terrorist financing is critical for financial institutions and regulatory compliance. Robust AML practices protect organizations from legal, financial, and reputational risks while ensuring adherence to global regulatory standards.

This course equips participants with practical knowledge and skills to implement effective AML controls. Topics covered include regulatory frameworks, customer due diligence (CDD), transaction monitoring, sanctions compliance, suspicious activity reporting, and emerging risks such as virtual assets, trade-based laundering, and digital identity management.

Participants engage in practical exercises and real-world case studies to develop the ability to identify suspicious transactions, mitigate financial crime risks, and ensure compliance with national and international AML regulations. The training emphasizes actionable strategies that can be applied immediately within the workplace.

By the end of the course, participants will be able to design, implement, and maintain AML programs, conduct due diligence, monitor transactions, and report suspicious activities effectively, thereby safeguarding their organizations against financial crime.

Duration

 5 Days

Who Should Attend

• AML and financial crime professionals
• Compliance, audit, and risk managers
• Banking, insurance, and fintech staff
• Investigators, regulators, and law enforcement officers
• Legal advisors and consultants in financial services

Organisation impact

• Stronger AML/CFT controls and regulatory readiness

• Reduced regulatory, reputational and financial exposure

• Faster, more accurate detection and reporting of suspicious activity

Individual impact

• Practical investigative skills and improved suspicious activity reporting (SAR) quality

• Ability to design and test AML controls, screening rules and case workflows

• Confidence to advise senior management and regulators

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

• Understand global AML/CFT standards and regulatory expectations.

• Implement effective CDD and KYC frameworks, including enhanced due diligence.

• Design and manage transaction monitoring systems to detect suspicious activity.

• Conduct investigations and file high-quality suspicious activity reports (SARs).

• Address emerging risks from digital finance, virtual assets, and complex structures.

• Strengthen AML governance, oversight, and compliance culture.

Module 1: AML Foundations and Regulations

• Key AML/CFT concepts and definitions.

• International frameworks: FATF recommendations, Basel guidance, local regulators.

• The risk-based approach and compliance responsibilities.

• Case study: Designing a risk matrix for a financial institution.

Module 2: Customer Due Diligence and KYC

• Core elements of CDD and identity verification.

• Beneficial ownership, PEP screening, and high-risk customer profiling.

• Enhanced due diligence (EDD) and ongoing monitoring.

• Case study: Developing CDD steps for high-risk clients.

Module 3: Transaction Monitoring and Suspicious Activity Reporting

• Monitoring tools: rules, scenarios, thresholds, and alerts.

• Red flags and typologies: layering, structuring, sudden spikes in activity.

• Investigation process and SAR drafting.

• Case study: Reviewing alerts and preparing a SAR narrative.

Module 4: Sanctions Compliance and Complex Investigations

• Sanctions screening processes and escalation.

• Cross-border risks and correspondent banking issues.

• Trade-based money laundering and OSINT in investigations.

• Case study: Handling a sanctions hit and escalation.

Module 5: Emerging Risks and AML Governance

• Virtual assets, crypto exchanges, and DeFi risks.

• Balancing AML with data protection/privacy rules.

• Governance, training, testing, and audit of AML programs.

• Case study: Building a 12-month AML remediation plan.