AMLS – Anti Money Laundering Specialist
Become a Certified Anti-Money Laundering Specialist with the Global Compliance Institute. The study guide for this program has been recently updated (March 2023). This certification program helps you better understand anti-money laundering, going far beyond traditional training materials that simply discuss the stages and methods of money laundering.
This program will help you discover the international standards and best practices in fighting financial crime. Understand and analyse the evolution of money and financial technologies (Virtual Currencies & Virtual Assets). Prepare an intelligent due diligence and investigation process employing the most advanced techniques and technologies in Fintech (Robotic Process Automation & Artificial Intelligence).
You will learn how to build and develop compliant systems and processes for online onboarding, EKYC, AML risk rating, and transaction monitoring. Everything is explained in detail, along with cases, examples, and proposed models you can implement in your own institution.
We are a leading provider of accredited, certified banking training. This program is an accredited and recognised program compatible with global CPD principles.
Program Price $499 USD covers:
One-year membership, access to the candidate portal where you can download the program study guide, undertake the practice questions and schedule your online proctored exam. E-Certificate and verifiable digital badge available when you pass the assessment. GCI also offers one exam retake for free.
Enrol today to become a Certified Anti-Money Laundering Specialist (AMLS).
Financial Crime Principles
- Understand and analyse the elements of Money Laundering, including Predicate Offences, Proceeds, Concealment, and State of Mind (the mental element), in addition to Serious Crime, Threshold Approach, Dual Criminality, and Unwelcome Money.
- Learn how to detect and prevent Cuckoo Smurfing & Money Mules.
- Identify Terrorism Financing and Proliferation Financing typologies.
- Analyse real Money Laundering cases and examples.
Risk-Based Approach & Compliance Monitoring
- Learn how to apply an AML "Risk-Based" approach, including Automated Customer Risk Rating, Transaction Monitoring, and AML Regulatory Examinations, along with detailed models and examples.
- Prepare a detailed and comprehensive Geographic Risk Index (GRI) that covers Money Laundering, Terrorism Impact, International Sanctions, Corruption, and Financial Secrecy.
- How to conduct a KYC Analysis and a reasonableness test of the KYC information.
- How to detect PEPs through Customer Due Diligence and PEP Screening, PEP Risk Assessment, classification, and declassification according to FATF & Wolfsberg.
- Learn how to identify the Ultimate Beneficial Owners (UBOs) with detailed examples.
Fintech & the Evolution of Money and Financial Crime
- Know how to build a perfect and compliant online customer onboarding process, Digital Identity, and EKYC.
- Develop Transaction Monitoring Systems (TMS), Money Laundering Risk Rating Tools, and Case Management Systems employing the latest technologies in AML, including Artificial Intelligence and Robotic Process Automation.
- Understand the evolution of money, Virtual Currencies & Virtual Assets. and how to mitigate the associated financial crime risks.
- Analyse the opportunities and challenges presented by Fintech in the fight against financial crime.
Money Laundering in the Financial Sector
- Identify the key risks and red flag indicators associated with Money Laundering in the financial sector, with a focus on the banking and securities sectors.
Money Laundering in Non-Financial Sectors
- Recognise the risks and typologies of money laundering in non-financial sectors, including the roles played by real estate agents, precious metals and stones dealers, lawyers, notaries, accountants, trust and company service providers, casinos, charities and non-profit organisations.
The International Framework of AML
- Understand the international framework of AML in AML compliance, including the Financial Action Task Force, Basel Committee on Banking Supervision, Wolfsberg Group, the US AMLA 2020, and EU AML Directives.
AML Officers and Managers, in addition to front liners and back office staff who participate in processing financial transactions:
- Banking Industry
- Insurance and reinsurance Companies
- Brokerage Firms
- Leasing and Microfinance Companies
- Lending Firms
- Exchange Houses and Money Service Business
Workers at the supervisory authorities, e.g.:
- Central Banks
- Financial Sector Regulatory Authorities
- Financial Intelligence Units FIUs
- Tax Authorities
- Related Ministries and government bodies
AML SOLUTIONS PROVIDERS.
DESIGNATED NON-FINANCIAL BUSINESSES AND PROFESSIONS
- Real estate companies
- Independent legal professionals (i.e. notaries, lawyers)
- Precious metals/stones companies
- Trust and investment funds companies
- External auditors and accounting professionals
- Exam Duration: 120 Minutes
- # of Questions: 100
- Type of Question: Multiple Choice
- Pass Mark: 75/100
The result appears directly once you submit your answers
Digital Badge and an e-certificate will be issued instantly and sent to your email address. You can also ask GCI to send it to your employer at any time.
Candidates have two options to register in any of the GCI programs:
Option 1: Self-Study. Take the online proctored exams at home.
GCI’s examination process is set to the highest standards. Our students gain access to our easy-to-navigate online portal, where they can download their certificate study guide (e-book) in their selected language. Undertake the practice questions as much as needed.
Once the candidate is ready to sit the assessment, they can schedule their online proctored exam with a click of a button through their membership area and undertake the exam anytime and anywhere. Our assessment platform is usually available 24/7.
Option 2: Instructor-led program by a GCI-accredited trainer or training centre.
GCI could arrange an instructor-led program for groups (10+ participants), whether virtually or in person (as available), by our faculty members and our accredited training centres around the globe.
Reach out to us today to see how we can advance your career / get your staff the practical training experience they are looking for.
- English
- Arabic
- Turkish
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- (One Year’s Membership included)$499.00