Idenfo Anti Money Laundering Training Course

The following shall be the advantages of students during this course
1. Anti-money laundering and compliance: It will enable them to get well acquainted with core concepts and principles underpinning AML efforts and compliance. During this course, they will gain knowledge of words, regulations, and guidelines, which govern practices in AML and compliance in addition to finding out how one can identify and prevent money laundering activities.

2. Developing skills in assessing and mitigating the risks involved in money laundering: this course will equip students with the appropriate skills to effectively assess and mitigate the risk of money laundering. This encompasses identifying potential vulnerabilities of financial systems, risk level involved in different kinds of transactions, customer profiles, and methods for the appropriate measures that mitigate those risks.

3. Inform the students about AML and compliance regulation and practice best. This course shall orient students to considerable AML laws, regulations, and best practices at both national and international levels. It shall also notify and make the students familiar with the relevant regulatory frameworks of the financial institutions concerning reporting requirements on suspicious activities besides obligations of each stakeholder involved in the process of preventing money laundering.

4. Application of AML and compliance strategies in real life examples: The learners will be shown how to take their knowledge and skills to implement in real world conditions in AML and compliance related matters. He will be explained about AML risk based approach, name screening, and transaction monitoring. This would emphasize the learned concepts being practiced in real world conditions to ensure the development of critical thinking as well as solving problems.