Anti-Money Laundering Concepts: AML, KYC and Compliance
What you'll learn
- What is Money Laundering?
- Process & Impact of Money Laundering
- Terrorist Financing
- Money Laundering versus Terrorist Financing
- Anti-Money Laundering (AML) Policies
- AML KYC Procedures and Customer Due Diligence
- AML Economic Sanctions
- What are Politically Exposed Persons?
- Common Indicators to identify Suspicious Money Laundering Activities
- There are no prerequisites for this course.
[November 2022 Update]
Added video explaining the Hawala system of terrorist financing
Updated content and added more details in the customer due diligence topic
Added 2 new examples for explaining the techniques used for laundering money
Welcome to the course on Anti-Money Laundering (AML), where you will learn about the key issues faced by financial institutions today: Money Laundering and Terrorist Financing. This course will educate you on Money Laundering and Terrorist Financing laws, Know Your Customer, Customer Due Diligence, Economic Sanctions and Politically Exposed Persons. This is a comprehensive course that captures all relevant concepts required for training employees of an organization.
We will start the course by understanding the term Money Laundering and will then cover the process & impact of the same. Post which, we will learn about terrorist financing and then cover the differences and similarities between money laundering & terrorist financing. In the next lectures, we will cover the Anti-Money Laundering policies along with KYC procedures, Economic Sanctions & Politically exposed persons. We will also go through some common indicators to identify suspicious Money Laundering activity.
There are no prerequisites for this course and can be completed in just 1-2 hrs (including situation based practice scenarios & exercises).
Course enrollment grants you lifetime access, with no expiration, to all the course lectures. In addition, you’ll also receive 1-on-1 support for any questions or uncertainties that come up. And this all comes with a money-back guarantee. You have nothing to lose and so much knowledge to gain.
Just ask the students who’ve already taken this course:
★★★★★ "This is an excellent course. Please continue such type of very very important courses for us. Very helpful in the interest of security of the state."
- Tav Sarma
★★★★★ "This course was very informative and covered a wide variety of areas. I especially liked the fact scenarios to test assimilation of the material and the guidance on what to include in a money laundering policy. Thanks for that."
- Danine K. Jones
★★★★★ "The Course is Great and I suggest not only Business Personalities or the Person in Financial Field, But, to Everyone as it is very important content. This should be Educated and printed in Text Books of Students too. I admire the Instructor and Thank You and I hope this helps everyone."
- Abdulbasiru Rabilu
★★★★ "It was nice taking this course, i have acquired more knowledge about money laundering and i love the way videos and quiz has been set."
★★★★★ "I was very fascinated about the topic from the very start of the course. The course was great and especially with the examples the understanding was clear and crisp."
Who this course is for:
- Working professionals who are looking to understand the Anti-Money Laundering (AML) policies
GenMan Solutions, founded by Monika Rawat, is a management & technology based Education Company which aims at providing in-demand and essential business-related courses for students & professionals, enabling them to accelerate their career, transform into a leadership role and internalize managerial thinking.
Monika has over 4 years of experience in financial industry. She has worked with American Express as a Product Manager with interest in Product Management and Business Strategy. She holds Software Engineering and MBA degree.