Anti-Money Laundering (AML) Fundamentals
What you'll learn
- Basic concepts needed in the AML and compliance field
- Methods of Money Laundering
- Risks of Money Laundering and its impact on the global economy
- Business sectors and high-risk bank products and services vulnerable to money laundering
- Global regulations on AML and combating terrorist financing (CFT)
Requirements
- Device with basic video viewing capability
Description
This course on Anti-Money Laundering Fundamentals is designed to provide candidates with a basic knowledge of concepts such as the methods and risks of money laundering, which are essential for those looking to start a career or develop their skills in the AML and compliance field.
It is comprised of three modules: Methods of Money Laundering, Risks of Money Laundering and the Global Regulations on AML and Combating Terrorism Financing (CFT). At the end of each module, there is a quiz designed to test your knowledge on the topics covered.
Additionally, this course provides the necessary foundation to pursue the prestigious CAMS certification, which is considered the gold standard in AML certifications and recognized by financial institutions and regulators around the world.
Who this course is for:
- College/University graduates who aspire to work as AML analysts in a bank’s AML Compliance department
- Banking professionals who currently work in areas other than AML and compliance and seek to take up a role in those departments
- AML staff who wish to advance their knowledge on AML fundamentals and relevant global laws and regulations
Course content
- Preview07:47
- Preview06:21
- 07:14Channels and Methods Used
- 10 questionsSection 1 Quiz
Instructor
![Amal Jayasinghe](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 3.8 Instructor Rating
- 92 Reviews
- 271 Students
- 2 Courses
Amal Jayasinghe is a CAMS and CFCS certified AML and financial crime investigator based in Toronto, Canada, with a Certification in Adult Education from the Canadian College of Educators. He also holds a MBA from the University of Leicester, United Kingdom, and an Associate of the Institute of Bankers (AIB) Diploma from the Institute of Bankers of Sri Lanka (IBSL).
Over the last 20 years, he has garnered a wealth of global banking experience including commercial banking and financial crime investigation. During this time, he has investigated cases of both individual and corporate clients of banks around the world, including regions such as South Asia, the Gulf Corporation Council (GCC), North America and Europe.
He is an experienced senior AML investigator with expertise in fields such as transaction monitoring (TM), the triage process for wire payments to and from High Risk Geographies (HRGs), KYC and CDD, case investigation write-ups and submission of Suspicious Transaction Reports (STRs). Along with this, Amal has also held a Quality Control (QC) Officer role where he built his experience in reviewing case narratives as well as providing constructive feedback for dispositioning and remediation.
To complement his technical background, Amal has also conducted training courses in AML fundamentals and laws as an Adjunct Faculty Member/Visiting Lecturer at the Emirates Institute for Banking and Financial Services (EIBFS) and MNR Talent and Skill Development Institute in Dubai, U.A.E, as well as lectures on Law Relating to Banking for banking professionals seeking to obtain the AIB Diploma in Sri Lanka.
In addition, Amal has his own educational platform, Financial Crime Education (FCE), which has various study courses on AML-related topics, covering both the theoretical and practical aspects of the AML and Compliance functions.