Dates

Closing enrolment date: 1 March 2012

Workshop One: 6 March 2012
Workshop Two: 27 June 2012
Assignment One: 6 June 2012
Examination: 28 September 2012

Cost

£1300 (+ local taxes) plus an additional assessment fee of £175

Overview

Money laundering continues to hold high profile with regulators and firms alike. Non-compliance with anti money laundering requirements can cause both significant reputational damage and penalties for organisations, meaning appropriate training for staff is essential. The ICA International Advanced Certificate in Anti Money Laundering is an intermediate level qualification aimed at those embarking on an anti money laundering career or already in a junior AML role.

The course covers the legal and regulatory framework, the role of the AML professional and customer due diligence (CDD) in practice.

Key features

• An intermediate level programme resulting in a professional qualification
• 6 months’ duration
• Completion of one assignment and one open book examination
• Comprehensive detailed course materials that can be used in the workplace
• Written and delivered by experienced industry practitioners
• Extensive support and resource material
• Awarded in association with University of Manchester Business School
• Recognised by regulatory authorities worldwide

Programme content

Module 1: The International Context

• The Role of International Bodies in AML and CTF
• The Role of International Bodies in AML and CTF
• Key Initiatives and their Relevance for UK AML Practitioners

Module 2: Key International Legal and Regulatory Frameworks

• Law enforcement, Government, Regulators and their Powers
• Primary Law

Module 3: AML in Practice

• AML Structures
• The Role of the MLRO
• Role of Senior Management
• Managing Relationships with LEAs and Regulators
• Implementing the Risk-Based Approach

Module 4: Customer Due Diligence (CDD)

• What is CDD?
• CDD and the Risk Based Approach
• More Detailed CDD Issues
• Comparison of International Regulators’ Approach

Module 5: Managing the Risk of Money Laundering and Terrorist Financing

• How is Money Laundered?
• The Money Laundering Vulnerabilities of Particular Services and Products
• Corporate Service Providers
• Trusts and Foundations
• Alternative Remittance
• Terrorist Financing
• Money Laundering and Tax Evasion

Module 6: Suspicious Activity Reporting

• Evaluating Suspicious Activity
• Automated Transaction Monitoring
• The SAR Investigation Process
• Post-Reporting Considerations
• Constructive Trust

Module 7: Emerging Industry Sectors

• Mobile Financial Services
• Betting and Gaming
• E-Payments

Benefits to individual

• Career progression
• Increased knowledge, developed skills
• Enhanced workplace performance
• Allows the use of the designation, Int. Adv. Cert (AML)

Benefits to organisation

• Reduced financial risk
• Enhanced reputation
• Developed skills within the team

How to apply

Apply online at www.int-comp.org or download an enrolment form and return by fax or post to:
International Compliance Training
Wrens Court
52-54 Victoria Road
Sutton Coldfield
West Midlands B72 1SX
United Kingdom

Tel: +44 (0)121 362 7501
Fax: +44 (0)121 240 3002

Email: ict@int-comp.com

Course enrolment

Once your enrolment form has been received and processed, you will be sent your course manual and login details to access the Online Resource Centre, Knowledge Bank, Members’ Directory, etc. of the ‘Members Only’ section of the ICA website at: www.int-comp.org and the ICT website at: www.int-comp.com.