Improve your experience. We are very sorry but this website does not support Internet Explorer. We recommend using a different browser that is supported such as Google Chrome or Mozilla Firefox.

Anti-Money Laundering (AML) Compliance Masterclass

This course provides a comprehensive and practical analysis of Money Laundering schemes, Anti-Money Laundering legislation, and counter-measure techniques and implementation. Participants will learn to understand the complexities associated with the prevention and the protection of their organizations.


This is an intensive and highly practical training program qualifying you to become proficient in the Anti-Money Laundering process and the laws that make it a crime. It will raise awareness of financial crime risks, global laws and regulations, laws and regulations applicable to your jurisdiction, and the systems and controls aimed at detecting and preventing financial criminal acts.

Considering the most current cases of violation of Anti-Money Laundering regulations and the cost associated with it, not only in money but in reputation as well, this course will give participants guidance and understanding of regulations internationally, to ensure organizations stay ahead in protecting their assets.

Course Objectives

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

  • Detect and prevent Money Laundering
  • Define Money Laundering and its cycle
  • Identify how Money Laundering can be committed
  • Apply the international law and regulations on Anti-Money Laundering
  • Analyze financial records and identify possible leads
  • Apply methods to prove income or funds from unknown sources

How will this Training Course be Presented?

This course is fully interactive and participation is encouraged to achieve maximum benefit. Participants are invited to present their own cases and scenarios, where questions can be answered and doubts can be resolved. There will also be team activities, case studies and practical examples for discussion.

Who is this Training Course for?

This course is suitable for senior managers with responsibility for, or involvement in, the development or implementation of Anti-Money Laundering policies and procedures. It will also highly benefit financial officers, financial controllers, accountants, Money Laundering reporting officers, compliance officers, managers, auditors and staff with duties requiring Anti-Money Laundering compliance.

The Course Content

Principles of Money Laundering
  • What Money Laundering is and its importance
  • Stages of the Money Laundering process
  • The Money Laundering cycle
  • Sources of 'dirty money'
  • Know your customers
  • Hidden assets
  • Common vehicles used to hide assets
  • Asset hiding versus Money Laundering
International development of law and regulation
  • The role of the Financial Action Task Force (FATF)
  • European directives
  • U.S. Patriot Act
  • United Nations Resolutions
  • The Wolfsberg Principles
  • Foreign Account Tax Compliance Act 
Money Laundering schemes
  • Nominee scheme
  • Business front scheme
  • Banking scheme
  • Banking-business combination
  • Smurf and structured transactions
  • Shell companies
  • Loan-back schemes
  • Invoice scams
  • Buy-backs
  • Examples of money laundering schemes
Identifying indicators of illegal activities in bank records
  • How indicators are developed
  • How indicators can be used
  • Indicator examples
  • Abnormal activity in accounts
  • Tips and pitfalls
Methods of proving income
  • Analyzing financial records for leads
  • Using books and records in a financial case
  • Analyzing the balance sheet
  • Analyzing the income statement
  • Indirect methods: net worth and bank deposits
  • Direct methods of proof
  • The Capone organization

Similar courses

Fraud Investigators Course

This ICL training course is aimed at all new or established investigators and has been devised in order to provide an initial introduction into the investigation of fraud within that industry and provides an understanding of practices and procedures when reporting offences of fraud.

More Information
Investment Fund Operations & Administration

Investment Fund Operations & Administration is a highly practical three-day course designed to give you a thorough working knowledge of how unit trusts, mutual funds, pensions funds and hedge funds are constructed, invested, managed and administered.

More Information
Effective Audit Committees

This course will explore the fundamentals of the role of the Audit Committee and the nature and essential qualities of its members, particularly the Audit Committee Chairman. The course will cover the relationships with all key stakeholders and will examine all the key information flows and decision processes.

More Information
Corporate Governance in Africa

This practical Corporate Governance training programme examines current best practice in all aspects of corporate governance, from the new role of board committees and directors' responsibilities and powers, to best implementation of governance in day-to-day activities.

More Information
COVID-19 Workplace Preparedness Health, Safety and Claims Management Course

The programme aims at equipping managers to protect employees, suppliers and customers by providing critical information in order to successfully manage COVID-19 within the work environment.

More Information
Microsoft Power BI Desktop Training

The main purpose of the course is to give delegates a good understanding the power of Power BI to develop dashboards using large data sets.

More Information

Press enter to see more results