AML & KYC Quick Start

Explore the three stages of money laundering—placement, layering, and integration—and learn detection strategies such as know your customer, transaction monitoring, staff training, and regulatory cooperation.

Explore classic topologies for laundering funds, including structuring (smurfing), trade-based laundering, shell companies, nominee arrangements, and real estate laundering, noting banking due diligence and the shift to digital laundering.

Examine how money moves through cryptocurrency, hawala, DeFi, and NFTs, and pinpoint red flags like mixing, chain hopping, and rapid crypto conversions with limited identity checks.

Explore how terrorist financing differs from money laundering, identify small-transaction patterns, and map funding networks across regions, hawala, and cryptocurrency, to strengthen AML and compliance.

AML failures incur billions in penalties and executive liability, eroding public trust, triggering client exodus, and underscoring the critical role of compliance.

Explore how KYC, CDD, and risk-based customer evaluation drive anti-money laundering and continuous monitoring, including identity verification, source of funds, and enhanced due diligence for high-risk customers.

Identify PEPs and red flags during onboarding to ensure secure, compliant client intake. Learn enhanced due diligence, continuous monitoring, and escalation steps for potential risks and sanctions checks.

Build an effective anti-money laundering (AML) program from policy to execution, anchored in independent testing, monitoring and reporting, training, a dedicated compliance officer, and robust policies guided by risk assessment.

Learn to monitor for sanctions and escalations by applying real time, batch, and manual anti-money laundering monitoring, sanction screening, and a structured escalation with audit trails and data quality controls.

Recognize suspicious activity and file an STR to a financial intelligence unit, documenting client details, transaction history, and the reason for suspicion to support AML compliance.

Analyze major AML failures across Wirecard, Danske Bank, and Swedbank, revealing onboarding lapses, weak KYC, suppressed whistleblowing, and the need for proactive reporting, independent audits, and stronger compliance.

Examine how crypto crime intersects with anti-money laundering, highlighting Binance and Busato's cases, KYC for wallets, travel rule, and STRs to strengthen compliance and transparency.

Explore downloadable AML templates and practical tools for KYC, risk assessment, and compliance, including policy, reporting, onboarding, risk matrix, and internal audit guides, customizable across jurisdictions.