Course overview
The Certificate in AML provides participants with a thorough understanding of what constitutes Money Laundering (ML) and how financial institutions should respond to increasingly complex attempts by criminal individuals and entities to process proceedings from illegal activities in a manner that enables them to enjoy such illegal proceedings.
What you'll learn
Here’s what you can expect to achieve following the completion of this AML certificate:
- Identify ML-related risks and dangers that need to be dealt with via a rigid AML strategy
- Understand ML risk assessment and management and learn how to design a comprehensive AML risk-based approach
- Review the relevant processes and procedures that need to be adopted as part of an AML strategy
- Gain a practical perspective through a review of the relevant legal framework that covers AML
- Understand the importance of international economic sanctions and how these can be used as a tool to combat ML and plenty more
Recognition
Study method
- Online
- Blended
- In-class
Duration study load
- 25 hours
- Access valid for 90 days
Entry requirements
No previous knowledge or experience is required although it is assumed that participants have good knowledge of English and a sound education background.
Course features
- 15 hours of self-paced online interactive learning including analysis of 5 practical case studies
- 1-year free AGRC membership
- Online Exam and AGRC Certificate
Professional recognition
Awarded by AGRC
Accredited by the London Institute of Banking & Finance
Assessment
- Duration: 60 minutes
- Number of questions: 40
- Type of question: Multiple choice
- Pass mark: 70/100
- Results appear directly once you submit all of your answers.
- Certificate is issued instantly in PDF and sent by email.
- A printed copy of the certificate can be requested for an additional charge of £50.
- Please keep in mind that if you do not complete your training programme and book your exam within the 3-month period, you will have to pay £150 to take the exam and for any additional attempt thereafter.
Is the study guide included in all AGRC packages?
Yes, for each AGRC package, you will receive the study guide and the exam (two attempts). You will also receive a structured, guided e-learning package that includes video lectures, case studies, and much more that will allow you to study at your own time and better prepare for the exam.
Who's it for?
Individuals who aspire for a career in AML, staff with specific anti-money laundering duties and staff working in financial services who want comprehensive training in AML.
Subjects
About London Governance & Compliance Academy
The London Governance and Compliance Academy (LGCA) is a multi-accredited, UK-based executive education training and certification provider that specialises in the areas of governance, risk, compliance, and finance.
LGCA is part of the European Institute of Management and Finance (EIMF) Group, one of Europe’s leading institutions for certified and executive education, eLearning, and bespoke training solutions in the financial sector.
