Course Overview

Money laundering poses a severe threat to the integrity of global financial systems, enabling corruption, terrorism, and organised crime to flourish. The Anti-Money Laundering (AML) course equips learners with the essential knowledge and practical skills required to detect, prevent, and report financial crimes effectively.

Designed to align with UK and international compliance frameworks, this course explores AML legislation, risk-based management, customer due diligence, and cyber-related financial crimes. You’ll develop the expertise to identify red flags, interpret the Proceeds of Crime Act 2002, and understand the responsibilities of Money Laundering Reporting Officers (MLROs).

By completion, you’ll be prepared to implement robust compliance controls, manage investigations, and enhance the financial transparency of your organisation — key competencies for professionals in finance, banking, law, and corporate sectors.

Learning Outcomes

• Understand the key concepts and processes behind money laundering.
• Apply the UK’s Proceeds of Crime Act 2002 and related AML regulations.
• Explain the duties and legal obligations of the Money Laundering Reporting Officer.
• Implement effective KYC and CDD procedures for client verification.
• Apply a risk-based approach to identify, assess, and mitigate financial risks.
• Detect, analyse, and report suspicious activities accurately.
• Recognise how bribery, corruption, and cybercrime intersect with AML.
• Promote continuous AML awareness and ethical compliance culture.

Why Choose Us?

Here’s Why This Course is the Best Choice for You:

• Lifetime Access: Revisit course materials anytime, forever.
• Expert Support: Get help from our dedicated tutor team, available Monday to Friday.
• Learn at Your Pace: Study from home, on your schedule, with no pressure.
• Cutting-Edge Content: Access video modules taught by industry-leading instructors.
• 24/7 Assistance: Reach out via email or live chat whenever you need help.
• Multi-Device Access: Learn on your computer, tablet, or smartphone—anywhere, anytime.
• Career-Boosting Certification: Earn a certificate to showcase your skills and enhance your resume.

Assessment

Test Your Knowledge and Earn Your Certification

The course includes interactive quizzes to help you track your progress and reinforce your learning. These quizzes are designed to:

• Identify areas where you need more practice.
• Build confidence in your understanding of the material.
• Prepare you for real-world challenges.

Upon successfully completing the final quiz, you’ll receive a certificate of achievement—a valuable addition to your resume and LinkedIn profile.

Description

Module 01: Introduction to Money Laundering
Explore the fundamental concepts of money laundering, including its three main stages—placement, layering, and integration. Understand how criminal proceeds are disguised within legitimate financial systems and the global consequences of these illicit practices.

Module 02: Proceeds of Crime Act 2002
Learn the key principles of this crucial UK legislation and its role in combating money laundering. Examine the offences, enforcement powers, and responsibilities it creates for businesses and individuals within the regulated sector.

Module 03: Development of Anti-Money Laundering Regulation
Trace the evolution of AML laws from early UK frameworks to the Financial Action Task Force (FATF) global standards. Discover how financial institutions and regulators have adapted to keep pace with modern laundering techniques.

Module 04: Responsibility of the Money Laundering Reporting Officer
Understand the MLRO’s pivotal position in an organisation’s AML framework. Learn how to collect, evaluate, and report suspicious activities while ensuring staff compliance and safeguarding against regulatory breaches.

Module 05: Sanctions and Embargoes
Explore the purpose and enforcement of sanctions, embargoes, and financial restrictions imposed by national and international authorities. Learn how to monitor transactions for compliance and avoid severe legal or reputational penalties.

Module 06: Risk-based Approach
Develop the ability to assess AML risk based on customer profile, geography, and transaction type. Understand how a proportionate and effective risk-based approach improves resource allocation and compliance efficiency.

Module 07: Know Your Customer (KYC)
Learn the importance of verifying client identities and assessing legitimacy. Discover how to design robust KYC frameworks that prevent fraud and support ongoing monitoring within financial and corporate settings.

Module 08: Customer Due Diligence (CDD)
Gain expertise in performing CDD checks to detect potential risks and suspicious customers. Study enhanced due diligence methods used for high-risk clients and politically exposed persons (PEPs).

Module 09: Record Keeping
Understand how accurate, consistent, and long-term record retention supports AML audits and investigations. Learn about statutory requirements for data maintenance and the importance of confidentiality and traceability.

Module 10: Suspicious Conduct and Transactions
Identify behaviours and transaction patterns that signal money laundering or financial crime. Learn how to escalate and report suspicious activities effectively to relevant authorities or the MLRO.

Module 11: Cybercrime and AML
Investigate how digital platforms, cryptocurrency, and online transactions have transformed financial crime. Learn how to integrate cybersecurity principles with AML frameworks to counter emerging threats.

Module 12: Anti-Bribery and Corruption
Examine how corruption, fraud, and bribery connect with money laundering schemes. Study the UK Bribery Act 2010 and develop strategies to prevent unethical conduct in financial and corporate environments.

Module 13: Awareness and Training
Understand the critical role of staff training and awareness in maintaining AML compliance. Learn how to design and implement effective internal AML programmes that ensure ongoing vigilance across your organisation.

Career Path

AML Analyst: £30,000 – £45,000
Compliance Officer: £35,000 – £55,000
Financial Crime Investigator: £40,000 – £60,000
Risk & Control Analyst: £32,000 – £50,000