AML Premium Training for AML compliance officers

Duration: 2 weeks program

Lecturer: Mari-Liis Kurg

Price per module:  125€+ VAT

Price for the full course: 899€ + VAT

Participant will receive certification after successfully passing 2 home assignments and final EXAM

The course consists of 8 modules on a digital learning platform, 2 individual home assignments, 2 live Q&A sessions, and a final exam.

• Module 1 Culture of Compliance and AML program: compliance background, AML program, business risk assessment, risk appetite statement, non-financial risks, customer risk assessment, customer verification, AML compliance officer duties and responsibilities, the culture of compliance, 3LoD, IT tools
• Module 2 Legal Environment: hierarchy, FATF, EU and local laws, standards, regulations, AMLA, supervisory body guidelines, internal policies and procedures
• Module 3 KYC Program:  due diligence, enhanced due diligence, customer risk assessment,  transaction screening, ongoing transaction and customer monitoring, specifics of PEPs and UBOs, source of wealth and funds, high-risk indicators
• Module 4 Data Requirements: storage requirements, data collection, GDPR requirements, data repository, data quality

Live Q&A session

1st Home Assignment

• Module 5 Financial Crime and Sanctions: money laundering, predicate crime, terrorism financing, history of fighting financial crime, international sanctions, sanctioned countries, terrorism financing, terrorist organizations and attacks, crypto crimes
• Module 6 Different types of virtual assets, recent changes in the law, reporting and supervisory: Blockchain structure and features, virtual assets, MiCA, AML Law, supervisory body (FSA, FIU, EBA, AMLA), SARs
• Module 7 Risk Management:  3LoD, business risk assessment, AML risk assessment, risk appetite statement, product risk assessment, geographical risk assessment
• Module 8 Practical Workshop and Case Studies: what went wrong, biggest ML cases analysis, we will learn how to prepare a risk appetite statement, risk assessment, product risk assessment, operational risks, geographical risk

Live Q&A session

2nd Home Assignment

1 on 1 EXAM

Outcome of the training:

After completing the training, the participant should be able to work as an AML compliance officer and knows:

• General aspects of crypto AML compliance
• AML compliance program
• Role of AML compliance
• How to assess risks in FI and prepare risk appetite
• Understand the importance of risk governance and legal environment
• How to perform customer risk assessment
• What IT tools can be used in order to prevent money laundering
• What constitutes a financial crime
• Different types of sanctions
• What are practical tools for combating money laundering in crypto companies

Learning environment: Webinar. Interactive lecture.

Length of the training:

50 Academic Hours (45 minutes) out of which 35 % is lecture and 65% independent work.

Requirements for passing the training:

The certificate for completing the training will be given after the passage of the knowledge test by answering correctly more than 60% of the questions.

We keep the right to change the course program if needed.