Anti Money Laundering Fundamentals

This course will provide an in-depth understanding of AML principles and practices, and the measures required to prevent money laundering.

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Course curriculum

1. About This Course
2. Course Outline
3. Before we begin...
1. Readings
2. 2024 AUSTRAC Money Laundering NRA
3. AML/CTF Act, Section 3
1. 1.1 Definition of AML
2. 1.2 Importance of AML
3. 1.3 Consequences of Money Laundering
4. Let's Review
1. Overview
2. 2.1 Protecting the Financial System
3. 2.2 Preventing Criminal Activities
4. 2.3 Promoting Transparency and Integrity
5. Let's Review
1. Overview
2. 3.1 Placement
3. 3.2 Layering
4. 3.3 Integration
5. Let's Review
1. Overview
2. 4.1 AUSTRAC - Role and Responsibilities
3. 4.2 AML/CTF Act 2006
4. 4.3 Key Definitions and Concepts
5. 4.4 Reporting Entities and Obligations
6. Let's Review
1. Overview
2. 5.1 Identifying Customers
3. 5.2 Risk Assessment
4. 5.3 Ongoing Monitoring
5. 5.4 Enhanced Due Diligence (EDD)
6. Let's Review
1. Overview
2. 6.1 Suspicious Matter Reports
3. 6.2 Threshold Transaction Reports
4. 6.3 Electronic Transactions Reports (ETRs)
5. Let's Review
1. 7.1 Developing an AML Program
2. 7.2 Risk-Based Approach
3. 7.3 Internal Controls and Procedures
4. 7.4 Training and Awareness
5. Let's Review
1. Overview
2. 8.1 Penalties for Non-Compliance
3. 8.2 AUSTRAC's Enforcement Powers
4. Let's Review
1. Overview
2. 9.1 Banking and Financial Services
3. 9.2 Real Estate
4. 9.3 Gambling and Gaming
5. 9.4 Precious Metals and Stones
6. Let's Review
1. Overview
2. 10.1 International AML Standards
3. 10.2 Bilateral and Multilateral Agreements
4. 10.3 Cross-Border Investigations and Cooperation
5. Let's Review
1. Overview
2. 11.1 Cryptocurrency and AML
3. 11.2 Artificial Intelligence and AML
4. 11.3 AML Challenges in the Digital Age
5. Let's Review
1. Instructions
2. AML Fundamentals Final Exam
1. Congrats! Here's what's next...
2. Before you go...

About this course

$349.00
66 lessons
0 hours of video content

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Certified Financial Crime Expert (CFCE)

Anti Money Laundering Fundamentals

Course curriculum

Welcome to Anti Money Laundering Fundamentals

Exploring Key Readings

Module 1: Introduction to AML

Module 2: Goals and Objectives of AML

Module 3: AML Stages

Module 4: Australian Regulatory Framework

Module 5: Customer Due Diligence

Module 6: Reporting Suspicious Transactions

Module 7: AML Compliance Program

Module 8: AML Penalties and Enforcement

Module 9: AML in Specific Industries

Module 10: International AML Cooperation

Module 11: Emerging AML Trends and Technologies

Final Exam

Next Steps

About this course

Discover your potential, starting today