ABOUT THE COURSE
The Anti-Money Laundering International course explains the main definitions and principles of AML in an international context and helps participants fulfil their business obligations by ensuring the compliance of their business relationships.
The training introduces international standards and recommendations issued by the Financial Action Task Force (FATF) and explains reporting requirements as well as the consequences of disregarding mandatory measures for individuals and financial institutions, such as fines, professional bans and imprisonment, loss of licence and reputational damage.
The course contains a theory module as well as a final assessment.
Approximately 45 minutes.
All employees and new joiners in financial institutions.
A formal assessment consisting of 10 questions with a passing grade of 80% forms part of this course.
Upon successful completion, participants will obtain a certificate.
DURATION IN HOURS