Anti Money Laundering

This course will enable you to

• Recognise, understand, and minimise the risk to your organisation and clients of money laundering
• Understand the AML/CFT regulatory system across the world
• Identify who is an 'obliged entity' and their main duties
• Follow the process of normal due diligence
• Understand the process of enhanced due diligence and what to do if a customer is 'high risk'

About the course

Anti money laundering (AML) and countering the financing of terrorism (CFT) is an increasingly important area for accountants. A thorough understanding of the regulatory system within global finance will help you minimise risk for your organisation and your clients.

This course takes an in depth look at the regulatory system within global finance designed to eliminate money laundering and to counter the financing of terrorism. It gives you everything you need to understand this complex but important subject including information on Financial Action Taskforce (FATF), obliged entities, what would be considered normal and enhanced due diligence and much more.