10 Anti-money laundering training courses

Dive deep into Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws with this risk awareness course by SC Training (formerly EdApp). Split into four parts, this free course explores the obligations of organizations to satisfy legal requirements and outlines the potential penalties for non-compliance.

It examines the three stages of money laundering: placement, layering, and integration. Your team will learn to effectively combat financial crime by identifying money laundering risks and common behavioral red flags among players. This includes third-party betting, use of multiple identities, and rapid movement across gaming venues.

This course describes when and how to report these activities to the Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency and regulator. It lists the steps to filing a Suspicious Matter Report (SMR). The last part contains the final assessment to evaluate your team’s understanding of the materials.

With SC Training (formerly EdApp)’s blended learning features, you can maximize the benefits of digital and in-person learning. From monitoring their progress to evaluating their skills onsite, and handing out completion certificates, this all-in-one platform allows you to do it all seamlessly.

This next anti-money laundering training course is from AUSTRAC. It aims to equip your employees with a foundational understanding of financial crime, anti-money laundering, and counter-terrorism financing.

Your team will learn the popular tactics criminals use to abuse the financial system, including transferring illegal funds and other serious crimes. The lessons also dive into the effects of money laundering and terrorism financing (ML/TF) on workers, organizations, and the economy as a whole. It offers guidance on how to secure your business from external threats.

AUSTRAC’s ethical training programs on AML are for educational purposes only. They do not include a completion certificate. It’s recommended that your employees view the lessons on a laptop, PC, or desktop device.

Another AUSTRAC e-learning course you can enroll your team in is this one. Its compliance training topics focus on AML/CTF risk assessments and relevant programs and discuss why these are essential obligations your company must meet for compliance.

By familiarizing your employees with a risk-based approach to money laundering and terrorism financing, you can protect your business from criminal abuse and legal fines. Additionally, this will preserve your customers’ trust in your company.

Discover the impact of money laundering on international development with this course by the United Nations Institute for Training and Research (UNITAR). It’s ideal for workers in ministry, government, and non-governmental positions aiming to prevent corruption in the financial sector.

This course examines the role of the intergovernmental body, the Financial Action Task Force (FATF), in drafting international policies against money laundering and terrorist financing. The lessons delve into concepts of money laundering, common techniques, and its social and economic impacts.

It concludes with the instrumental role international organizations like the UN and FATF play in mitigating ML and TF crimes globally. Your team will study the Vienna and Palermo Convention, and various methodologies for compliance with international standards.

As these are complex topics to digest, you can facilitate an online forum among your team with SC Training’s Discussions. This social learning feature lets you collect and offer real-time feedback from your employees to help enhance their understanding of the lessons. Regardless of location, they can easily share their ideas through images, text, or video.

This advanced course is crafted by Faculty of Law professors from Bond University. Your team will gain a deep understanding of the principles of anti-money laundering and counter-financing terrorism. This is ideal for individuals in key roles such as heads of compliance, risk management staff, managers, audit teams, company secretaries, and accountants.

Your team will learn the importance of complying with global AML/CTF standards and regulations. The five modules also explore the foundations of corporate governance, risk management, ethics, and audit. By the end of this course, your employees will learn to develop compliance monitoring systems and secure their internal control structures.

This anti-money laundering certificate course is made for Australian and New Zealand workers, volunteers, and contractors. It studies the definition of money laundering and terrorism financing, the processes by which they happen, and the common activities associated with the two. Additionally, it lists the reporting obligations of employers.

Case studies are included in this course to boost your team’s critical thinking and problem-solving skills. It wraps up with a final assessment to measure your team’s understanding of the lessons.

Safetrac’s AML and CTF course is another option you can enroll your team in. This covers Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006. Your team will gain essential skills to guard against money laundering and terrorism financing, and how to report these crimes to the authorities.

The key modules in this course study the definitions and differences of money laundering and terrorism financing. It details the steps to draft an AML/CTF compliance program, customer due diligence, and record keeping. Its lessons include interactive scenarios and assessments to enhance learning.

This three-hour online AML certification course gives your team an overview of AML and counter-terrorism regulations in Australia. Split into three sections, the first lists common tacts of money laundering and terrorism financing, and their negative effects. The second part discusses the Anti-Money Laundering and Counter-Terrorism Financing Act 2019.

In the third and final section, your team will learn about the key developments in the amended bill. It covers customer identification procedures, correspondent banking relationships, updated tipping-off offenses, and reporting requirements for money movement across borders.

This course is valid for 12 months upon purchase and includes three multiple-choice assessments to test your team’s knowledge of the materials. The lessons can be taken via computer or mobile phone connected to the Internet.

This AML certification course is ideal for professionals whose services on customer due diligence, record keeping, and reporting are covered by the AML/CTF Act. It explores the obligations of employees and managers to support their company’s AML/CTF compliance program.

The lessons introduce them to common financial crime compliance elements like fraud, anti-bribery and corruption (ABC), and modern slavery. These will equip them with the skills necessary to conduct risk assessments and report incidents.

Upon successful completion of this course, your team will be awarded the FNSSS00010 in Anti-Money Laundering and Counter-Terrorism Financing Skill Set. This nationally recognized qualification will reflect your organization’s commitment to anti-money laundering compliance and give your members a competitive edge in the labor market.

Guard your business against the complex web of money laundering with SC Training’s AML course. Its lessons break down the definition and stages of money laundering, plus common schemes like smurfing, informal value transfer systems, and ‘shell’ corporations.

No matter the size of your organization, it’s important to adopt a proactive approach. This anti-money laundering training course offers practical steps to combat ML, including researching potential investors, thoroughly reviewing proposals, and implementing a strict hiring process.