This Accountancy sector online AML course is self-paced and will give you the opportunity to have an insight into the world of money laundering and Terrorist financing from an accountancy professional sector perspective. All of our AML online courses and KYC training are broken down into a clear and easy way and on completion of the Anti-Money Laundering course you will receive a digital certificate as evidence.
In this course you will learn about the following:
- What is money laundering and terrorist financing
- The money laundering cycle
- Broader AML Requirements for Compliance by Accountants or Accounting Firms
- The money laundering cycle
- Key Organizational Bodies
- Due Diligence and Know Your Client (KYC) Requirements
- High-Risk Clients and EDD Measures
- Compliance Program Requirements
- Mitigating Money Laundering and Terrorist Financing Risks
- Monitoring Requirements
- Red Flags
- How to comply with AML regulations
- What are the consequences of not being compliant
- The elements of an AML program
- Record keeping in AML Compliance
- Reporting suspicious behaviour
Who is the course suitable for?
- Anyone with an interest in Anti Money Laundering/Know Your Customer
- Professional individuals who work in the Accountancy sector
- Consultants, Project managers, operational staff or anyone whose role involves managing risk in the customer onboarding process
Benefits of taking this AML/KYC course:
Taking a KYC certification course or Anti Money Laundering Certification Course will not only enhance your knowledge but give you the opportunity to stand out from the rest of your peers at your current role or at the time of applying for an AML/KYC position as well as meet your AML regulatory obligation.
This course can be taken at your own pace in any of the following formats:
- Desktop
- Laptop
- Tablet
- Smartphone devices
This course includes:
- 140 mins video lessons,
- End of course Quiz (25 mins)
- Certificate of Completion
-
Course Lessons
- Navigating through our courses
- Introduction to course – Accountancy professional sector
- Course Objective and Content – Accountancy professional sector
- Who is an Accountant Professional and why AML Checks Apply
- What is Money Laundering and Terrorist Financing
- The Impact of Money Laundering on our Society and Economy
- The Money Laundering Cycle
- Where does Money Laundering Occur
- AML Obligations Imposed by Regulators
- What does the local regulation say – Aruba
- What does the Aruba AML Handbook say – Aruba
- Key Organizational Bodies
- Caribbean Financial Action Task Force (CFATF)
- Due Diligence and KYC Requirements
- High Risk Clients and EDD Measures
- Performing Money Laundering and Terrorist Financing Risk Assessment
- Red Flags in the Accountancy Sector
- Reporting Suspicious Behaviour
- How to implement an effective AML Program
- Record Keeping Requirement
- Monitoring Transactions
- Accounting, Auditing and other Services Provided
- KYC by Accountants and Accountancy Firms
- Customer Screening as a tool to Mitigate the Risk
- Compliance Program
- Risk Identification and High Risk Clients
- Importance of CDD and KYC for Risk Management
- When to Verify the Identity of Persons and Entities
- Recap – AML Compliance accountancy professional sector
- End of Course Quiz – Accountancy Sector (Aruba)