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Damas AML, CFT & PF Course


Description
AML certification, or Anti-Money Laundering certification, is a credential that signifies an individual's knowledge and understanding of anti-money laundering laws, regulations, and best practices. This certification is particularly important for professionals working in the finance, banking, insurance, and other related industries where there is a risk of money laundering activities.

The certification process typically involves completing a training program that covers key topics such as the identification of suspicious activities, implementing compliance measures, understanding regulatory requirements, and understanding the consequences of failing to meet these standards. Holding an AML certification can enhance a professional’s credibility and career prospects, as it demonstrates a commitment to maintaining ethical and legal standards in financial transactions.


Content
  • Before we start, we need to know!
  • AML Introduction and course summary
  • Section 1
  • Money laundering
  • Three stages of money laundering
  • Predicate crime
  • Global compliance
  • Suspicious behavours 
  • Section 2
  • DNFBP
  • Section 3
  • The Hierarchy of Risk
  • Mastering Risk
  • Understanding Risk Categories
  • Smart Risk Approach
  • Section 4
  • Customer Identification
  • Customer Due Diligence
  • Enhanced Due Diligence
  • PEP
  • High-risk countries
  • Section 5
  • Governance framework
  • Your role in compliance
  • Protecting our business
  • Our compliance culture
  • Section 6
  • AML monitoring and investigation
  • Suspicious activity reporting
  • Red Flags
  • SAR recordkeeping
  • Section 7
  • Introduction to Sanctions
  • Targeted Financial Sanctions
  • Sanctions evasion
  • Sanctions screening essentials
  • Sanctions screening
  • Section 8
  • Proliferation financing
  • Section 9
  • AML closing remarks
  • Section 10
  • Exam 
  • Survey unit
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: 1 year