Free Briefing Session

Free briefing session where you can find out more about:

• ICA International Advanced Certificate in Anti Money Laundering

• ICA International Diploma in Anti Money Laundering

Click here to register for the briefing session

JFSC Proposed Table 4

This qualification is currently included or recently proposed to be included in the JFSC Qualification Table 4 for the TCB sector.

Dates

Enrolment closing date: 5 November 2013
Workshop One: 20 November 2013
Workshop Two: 19 February 2014
Workshop Three: 30 April 2014
Workshop Four: 5 September 2014
Assignment One: 10 March 2014
Assignment Two: 16 June 2014
Examination: 18 September 2014

Cost

£3100 +VAT (if applicable)

Overview

As a professional in the field of Anti-Money Laundering and fraud prevention, you are already well aware of the benefits of, and the regulatory requirements for, training in the industry. The fast changing environment has given rise to an entire money laundering prevention training industry offering a wide variety of options. The ICA is amongst the foremost and one of the very few that provides an international perspective on Anti-Money Laundering. By offering certificated qualifications awarded in association with the University of Manchester Business School, the ICA is confident that its graduates are well equipped to deal with the Anti-Money Laundering issues that arise in their day-to-day activities.

The ICA International Diploma in Anti-Money Laundering is unique. It is designed for Anti‑Money Laundering professionals who already have a degree of experience. The diploma provides detailed and comprehensive knowledge as well as practical skills in order that financial services practitioners can undertake their responsibilities more efficiently and effectively. By drawing upon international best practice, it helps prepare individuals to adapt to the external environment.

Written and delivered by experienced industry practitioners, the diploma is both relevant and topical. Subjects included in the programme are explored in-depth with extensive course material that can be used in the workplace. The diploma will help you develop best practice initiatives and prepare you to face present and future challenges, which in turn minimises risk for your firm.

This certificated programme is a benchmark qualification, illustrating the highest standards in Anti-Money Laundering practice. The diploma is awarded in association with the prestigious University of Manchester Business School. Attainment of the qualification is an internationally recognised mark of excellence. The diploma provides valuable reference material and support for those in the Anti-Money Laundering environment. Those who have undertaken the diploma say that their performance in the workplace improves and opportunities for career progression have been enhanced.

Key features

• A g raduate level programme resulting in a professional qualification
• Awarded by the ICA in association with The University of Manchester Business School
• Nine months duration
• Comprehensive, detailed course materials that can be used in the workplace
• Written by experienced industry practitioners
• Internationally focussed
• Detailed support readings and texts
• Extensive online resource materials
• Dedicated t utor support

Key benefits

• Improved knowledge, developed skills
• Reduced reputational and financial risk for firms
• Enhanced workplace performance
• Allows use of the designation Int. Dip (AML)
• Potential for career progression
• Professional membership of the International Compliance Association
• Verifiable evidence of learning

Programme content

The ICA International Diploma in Anti-Money Laundering is comprehensive and reflects the regulatory environment today. The programme focuses on relevant international best practice, legislation and regulations. It examines various strategies, frameworks and vulnerabilities. Elements involved in the reporting of suspicious transactions are explored. Internal controls are considered including the design of a money laundering prevention framework. With course materials that are regularly updated, the diploma
focuses on current major issues that impact upon the money laundering prevention role.

A summary of the four core modules follows.For more detailed information on what each module contains, please visit the International Compliance Association website at www.int-comp.org and download the syllabus, or contact the International Compliance Association for one to be sent to you.

Module 1: Anti-Money Laundering (AML) and Combating Terrorist Financing (CTF) in context

• Money Laundering and Terrorist Financing - Definitions and Nature
• The International Context
• AML and CTF Frameworks
• Vulnerabilities of Products and Services

Module 2: Customer Identification (CDD), Customer Risk Profiling & Customer Monitoring

• What is CDD?
• Politically Exposed Persons (PEPs)
• CDD application strategies
• CDD emerging trends and the image of CDD

Module 3: Sanctions

• Global and National sanctions framework Module 4: Designing a comprehensive AML & CTF Framework for a Financial Services Business
• Concepts of Risk Management
• Risk Based Approach to AML and CFT
• Escalations and Exit Strategies

Module 5: Governance and Leadership

• The AML Governance Framework
• Management Issues for AML & CFT Policy
• Culture and Training

Module 6: Suspicious Activity/Suspicious Transaction Reporting and dealing with the authorities

• Transaction Monitoring
• Recognition, Handling and Reporting Transactions
• Post-reporting Considerations
• Dealing with the Authorities

Course assessment

• Two pieces of assessed work are required, contributing towards the final grade
• 3 hour 15 minute open-book examination

Professional Qualification Award

The ICA International Diploma in Anti-Money Laundering is awarded in association with The University of Manchester Business School. Quality assured by the University, the programme is at honours degree level, which designates the programme ‘Graduate Diploma’. The diploma has been mapped in accordance with the Higher Education Qualification Framework. On successful completion of the Diploma, you will be eligible for membership of the ICA and be able to use the designation MICA, Member of the International Compliance Association.

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.