Udemy
    •  
    •  
    •  
    •  
    •  
    •  
    •  
    •  
Subscribe
Turn what you know into an opportunity and reach millions around the world.
Learn More
Your cart is empty.
Keep shopping
Advanced Compliance, AML and CFT
Rating: 4.3 out of 5(54 ratings)
131 students

Advanced Compliance, AML and CFT

Advanced Techniques for Money Laundering Prevention, Sanctions Compliance, and Certification Preparation
Created byVafa Vahabova
Last updated 4/2025
English

What you'll learn

  • Apply advanced AML/CFT concepts in complex financial environments
  • Analyze and assess AML/CFT risks
  • Evaluate the effectiveness of internal controls, transaction monitoring systems, and reporting mechanisms
  • Lead compliance teams, manage communication with regulators, and fulfill the role of an MLRO
  • Prepare effectively for the CAMS (Certified Anti-Money Laundering Specialist) exam
  • Identify and analyze modern methods of money laundering and terrorist financing, including trade-based, cyber-enabled, and crypto-related techniques
  • Design and implement risk-based compliance frameworks aligned with FATF and local regulatory requirements
  • Conduct comprehensive Know Your Customer (KYC) processes and apply customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring

Course content

4 sections • 50 lectures • 3h 43m total length

  • Introduction1:47
  • Identifying and Understanding ML/TF Risks and Techniques3:43
  • The Concept of Knowledge in Money Laundering3:03
  • Three stages of money laundering4:18
  • Economic and Social Consequences of Money Laundering4:48
  • Structuring A Key Money Laundering Method2:27
  • Private Banking A High-Risk Sector3:18
  • Correspondent Banking & Its Risks4:48
  • Payable Through Accounts (PTAs)2:02
  • Concentration Accounts and AML CFT Risks3:35
  • Electronic Funds Transfers (EFTs) and AML CFT Risks2:00
  • Politically Exposed Persons (PEPs)4:48
  • Non-Bank Financial Institutions - (NBFIs)11:52
  • Non-Financial Businesses and Professions - (NFBPs)7:33
  • Trade-Based Money Laundering (TBML)13:27
  • The Black Market Peso Exchange2:58
  • Hawala: An Informal Money Transfer System3:37
  • Misuse of Corporate Vehicles3:04
  • Virtual currencies as a new threat3:04
  • Countering the Financing of Terrorism (CFT)2:24

Requirements

  • Understanding of basic AML/CFT concepts and regulatory frameworks is an advantage
  • A good command of English

Description

This course is designed for both beginners and experienced professionals who wish to build or enhance their knowledge of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) principles and practices. Whether you are starting your career in compliance, preparing for a global certification such as CAMS, or already working as an AML analyst, MLRO, or compliance officer, this course will provide you with valuable insights and practical skills.

You will learn how to identify and assess AML/CFT risks using real-life case studies, apply the risk-based approach, and develop, implement, and maintain effective internal compliance frameworks. The course covers key elements such as customer due diligence (CDD), enhanced due diligence (EDD), sanctions compliance, suspicious transaction reporting (STR), and the latest methods of money laundering and terrorist financing, including those involving virtual assets and non-financial sectors.

This course is structured to balance theory and practical application, making it useful for both those entering the AML/CFT field and those looking to update and advance their current knowledge. You will also develop essential skills for managing AML/CFT programs, preparing for audits and regulatory inspections, and communicating effectively with supervisors and regulators.

By the end of this course, you will be fully equipped to implement AML/CFT measures in your organization and successfully prepare for the CAMS certification exam.

Who this course is for:

  • Compliance officers, AML analysts, and MLROs seeking to deepen their expertise
  • Professionals preparing for the CAMS certification
  • Risk managers, auditors, and legal advisors working in financial institutions
  • Senior professionals aiming to take on leadership roles in AML/CFT compliance
  • Consultants and internal control specialists involved in regulatory compliance
  • Anyone with a foundation in AML/CFT who wants to stay current with evolving threats, global standards, and best practices

Report abuse