AML Compliance Course

Lesson 1 • What Money Laundering Is

Defines money laundering, its criminal origins, and economic purpose. Anchors all subsequent compliance concepts in a clear definitional baseline.

Lesson 2 • The Three-Stage Laundering Cycle

Breaks down placement, layering, and integration with real-world examples. Provides the structural model used throughout the course.

Lesson 3 • Scale and Global Impact

Quantifies laundering volumes and maps harm to economies, governance, and society. Motivates compliance urgency with evidence-based context.

Lesson 4 • Common Laundering Typologies

Surveys recurring methods used by launderers across sectors. Builds pattern-recognition skills essential for later detection modules.

Lesson 1 • Regulatory Enforcement and Consequences

Examines how regulators investigate, sanction, and publicise AML failures. Reinforces the business case for robust compliance programmes.

Lesson 2 • Core AML Legal Obligations

Details the fundamental duties imposed on regulated entities: identification, monitoring, and reporting. Forms the compliance baseline for all subsequent chapters.

Lesson 3 • National Regulatory Structures

Explains how countries implement international standards through domestic law and supervisors. Connects global frameworks to institutional-level obligations.

Lesson 4 • International Standard-Setting Bodies

Introduces the global bodies that set AML standards and their authority. Explains how international guidance translates into national obligations.

Lesson 1 • CDD Purpose and Risk Logic

Explains why CDD exists and how it links to risk-based compliance. Establishes the rationale students apply when making CDD decisions.

Lesson 2 • Simplified and Refused Due Diligence

Defines when reduced measures are permissible and when onboarding must be declined. Ensures students understand the boundaries of CDD flexibility.

Lesson 3 • Identity Verification for Individuals

Covers document-based and electronic methods for verifying natural persons. Provides practical skills for frontline onboarding staff.

Lesson 4 • Due Diligence for Legal Entities

Addresses verification of companies, trusts, and other legal structures. Prepares students to handle complex ownership arrangements.

Lesson 1 • Documenting and Approving EDD

Establishes standards for recording EDD findings and obtaining required approvals. Ensures audit-ready documentation practices.

Lesson 2 • Politically Exposed Persons

Covers identification, classification, and ongoing management of PEPs. Addresses one of the most scrutinised high-risk categories in AML.

Lesson 3 • Correspondent Banking EDD

Addresses the unique risks and obligations in correspondent banking relationships. Prepares students working in wholesale or institutional banking contexts.

Lesson 4 • Risk-Based Approach to EDD

Explains the risk-based principle that triggers enhanced scrutiny beyond standard CDD. Connects risk appetite to proportionate EDD application.

Lesson 1 • Emerging Channels and Digital Risks

Extends monitoring principles to digital payments, mobile banking, and virtual assets. Prepares students for evolving transaction environments.

Lesson 2 • Structuring and Layering Detection

Focuses on detecting deliberate transaction structuring designed to evade reporting thresholds. Applies typology knowledge from Chapter 1.

Lesson 3 • Red Flags Across Product Types

Catalogues suspicious indicators specific to deposits, payments, lending, and investments. Builds practical pattern-recognition for diverse product lines.

Lesson 4 • Principles of Transaction Monitoring

Explains the purpose, design logic, and regulatory basis of transaction monitoring programmes. Establishes the conceptual foundation for alert analysis.

Lesson 1 • Law Enforcement Interaction

Prepares students for requests, orders, and feedback from law enforcement post-filing. Builds confidence in managing external agency relationships.

Lesson 2 • Writing High-Quality Reports

Teaches the structure, content, and language of effective suspicious activity reports. Directly improves the intelligence value of submissions.

Lesson 3 • Internal SAR Governance

Covers the internal workflow from frontline detection to authorised submission. Ensures institutional controls around the reporting process.

Lesson 4 • Legal Basis and Reporting Obligations

Clarifies when reporting is mandatory, discretionary, or prohibited. Establishes the legal framework students must operate within.

Lesson 1 • Sanctions Regimes and Their Purpose

Introduces the types, sources, and policy objectives of financial sanctions. Distinguishes sanctions from AML while showing their operational overlap.

Lesson 2 • Screening Programme Design

Covers the architecture of an effective sanctions screening system. Prepares students to evaluate and improve screening infrastructure.

Lesson 3 • Ownership and Control Rules

Explains how sanctions extend to entities owned or controlled by designated parties. Addresses one of the most complex areas of sanctions compliance.

Lesson 4 • Handling Potential Matches

Provides a structured process for investigating and resolving screening alerts. Reduces false positives while ensuring true matches are escalated.

Lesson 1 • AML Programme Core Components

Defines the mandatory pillars of an effective AML programme recognised by regulators globally. Provides the structural blueprint for programme design.

Lesson 2 • Programme Testing and Continuous Improvement

Addresses independent testing, audit findings, and remediation cycles. Closes the loop between programme design and demonstrated effectiveness.

Lesson 3 • Governance, Roles, and Accountability

Establishes clear ownership of AML responsibilities across the three lines of defence. Prevents gaps and overlaps in compliance accountability.

Lesson 4 • AML Training Programme Design

Covers how to design, deliver, and measure AML training across an institution. Ensures training is role-specific, current, and demonstrably effective.