This legal 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 a legal 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:
- Introduction to legal professionals and money laundering
- Anti-money laundering (AML) regime for legal professionals/practitioners
- The impact of money laundering on our society and economy
- The money laundering cycle
- Where does money laundering occur
- Key Organizational Bodies
- Due Diligence and Know Your Customer (KYC) requirements
- High-Risk clients and EDD measures
- Performing money laundering, terror financing and sanction risk assessment
- 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
- Individuals who work in the Legal 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:
- 73 minute video lessons,
- End of course Quiz
- Certificate of Completion
-
Course Lessons
- Navigating through our courses
- Introduction to course – Legal Sector
- Course Objective and Content – Legal Sector
- Who are Legal Professionals 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
- Client Fund Management
- 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
- Reporting Suspicious Behaviour
- How to implement an effective AML Program
- Record Keeping Requirements
- Recap – AML Compliance legal professional sector
- End of Course Quiz – Legal Sector