AML/CFT Foundations, Fraud Detection and Financial Crime Prevention

Course overview

Financial institutions, businesses and public-sector organisations face interconnected risks arising from money laundering, terrorist financing, fraud and other forms of financial crime. Effective prevention requires personnel to understand the underlying legal and institutional framework, recognise risk indicators, implement appropriate controls and identify suspicious activity at an early stage.

This five-day programme provides a practical foundation in AML/CFT, fraud detection and financial-crime prevention, linking regulatory requirements with practical risk identification, customer due diligence, transaction monitoring, fraud indicators and reporting processes.

What you will be able to do

• Explain fundamental AML/CFT concepts and principles
• Understand the financial-crime risk environment
• Identify common money laundering and terrorist financing methods
• Explain the relationship between fraud and money laundering
• Apply customer due diligence and enhanced due diligence principles
• Identify suspicious customer and transaction behaviour
• Recognise common fraud schemes and red flags
• Understand transaction monitoring and alert management
• Apply risk-based AML/CFT controls
• Understand suspicious transaction reporting processes
• Identify weaknesses in AML/CFT and fraud controls
• Develop practical financial-crime prevention measures

Who should attend

• AML/CFT officers
• Compliance professionals
• Risk officers
• Bank and financial-sector personnel
• Fraud officers
• Internal auditors
• Investigators
• Regulatory and supervisory personnel
• Accountable-person staff
• Finance professionals
• Senior managers responsible for financial-crime controls

Course outline

Fees are per participant in US dollars and cover tuition, course materials and your certificate. Travel and accommodation are not included.