Business English for AML, Sanctions Screening and Compliance

Learn what compliance means in the financial sector and why it’s essential for preventing risk and regulatory breaches.

Explore how money laundering works, from placement to layering and integration, with real-world context.

Understand how terrorist financing differs from money laundering and what financial institutions must do to detect and prevent it.

Discover the risks of proliferation financing and how compliance frameworks address the threat of funding weapons programs.

Get to know the types of sanctions, how screening works, and how financial entities use real-time tools to stay compliant.

Review key concepts from this chapter and learn how to complete the quiz and accompanying PDF practice exercises.

Learn which global bodies set the standards for Anti-Money Laundering and how their recommendations shape national laws.

Explore how institutions like FATF, the IMF, and UNODC influence and support global AML and compliance efforts.

Discover how financial conduct authorities and industry regulators help enforce compliance at a national and international level.

Compare how the US and EU approach AML and CTF through different laws, directives, and implementation strategies.

Understand key compliance duties like due diligence, transparency, and ethical conduct in both local and global contexts.

Review what you’ve learned, and get ready to complete the quiz and PDF-based language and vocabulary activities.

Understand how financial institutions onboard new clients and verify their identity through KYC procedures.

Learn how the CIP ensures customer identities are verified before account access is granted, reducing onboarding risks.

Explore CDD, EDD, and SDD requirements—and how institutions identify who ultimately owns or controls an account.

See how institutions continue monitoring customers post-onboarding and report suspicious activity when risks arise.

Discover how customer risk levels are assessed and how those risk scores influence compliance decisions and actions.

Wrap up your learning with a recap and prepare to complete the quiz and PDF-based vocabulary tasks.

Understand the purpose of transaction monitoring and how it helps detect suspicious activity in real time.

Learn to identify the warning signs of suspicious transactions, from structuring to unexplained patterns and activity.

Explore how institutions escalate suspicious activity through SARs and CTRs, and how internal teams handle reports.

Review key ideas and prepare to test your knowledge with the quiz and download the vocabulary and grammar exercises.

Understand how terrorist financing differs from and overlaps with money laundering, and why both require coordinated AML efforts.

Learn how terrorist groups raise, store, and use funds—and what red flags may indicate suspicious financial activity.

Examine how limited oversight, poor data sharing, and unregulated systems create vulnerabilities in detecting terrorist financing.

Review key takeaways and prepare to apply your knowledge through the quiz and downloadable practice activities.

Understand the purpose of sanctions as a tool of foreign policy, and how they restrict financial access for high-risk entities.

Learn how sanctions screening works, what types of lists are used, and how matches are verified or escalated.

Explore how financial institutions apply real-time screening, manage alerts, and respond to violations using practical tools.

Review key points on sanctions compliance and then begin your quiz and vocabulary and grammar-based PDF learning tasks.