Certified Anti Money Laundering Specialist [CAMLS]-Self Paced

By the end of this program, participants will be able to:

• Understand the Nature of Money Laundering and Terrorist Financing – Develop a deep understanding of how money laundering and terrorist financing operations work.
• Implement Effective AML and Compliance Programs – Learn how to design and implement AML policies, procedures, and controls.
• Analyze Legal and Regulatory Requirements – Gain knowledge of international AML laws and regulations.
• Adopt a Risk-Based Approach to AML – Learn how to assess and mitigate financial crime risks based on customer and transaction profiles.
• Monitor and Report Suspicious Activities – Develop the ability to identify, analyze, and report suspicious transactions.
• Manage AML Compliance in Financial and Non-Financial Sectors – Learn how to apply AML strategies across different industries.
• Conduct Customer Due Diligence (CDD) and KYC – Develop methods to verify customer identity and assess risk levels.
• Apply Technology in AML Programs – Understand the role of fintech and digital identity in combating financial crime.
• Evaluate Internal Controls and Compliance Structures – Learn how to establish and assess internal controls for AML compliance.
• Conduct Compliance Examinations and Risk Reviews – Develop the skills to evaluate the effectiveness of AML programs and recommend improvements.

Modules:

M-1: Understanding Money Laundering & Terrorist Financing                   
M-2: Anti Money Laundering and Combating Terrorist Financing in Practice                
M-3: Anti-Money Laundering and Combating Terrorist Financing – Legal and Regulatory Structures    
M-4: Risk based Approach and Compliance Monitoring                                    
M-5: Fintech & The Evolution of Money and Financial Crime
M-6: Money Laundering In Financial & Nonfinancial Sectors              
M-7: Compliance Program, Monitoring, & Examinations
M-8: Role of Correspondent Banking                                           
M-9: Internal Controls and Structure In Banks
M-10: Customer Risk Categorization (CRC)                           
M-11: Reporting Obligations & Transaction Monitoring
M-12: Know Your Customer & Its International Context                                                 
M-13: Customer Onboarding Requirements                                                                        
M-14: KYC - Operating Guidelines
M-15: Customer Onboarding and Digital Identity
M-16: Risk based Approach in Customer Due Diligence                                                   
M-17   Case Study on Extra Territorial Powers Of The United States

Upon completing the program, participants will be able to:

• Explain the processes and methods used in money laundering and terrorist financing.
• Design and implement AML compliance frameworks within financial institutions.
• Assess and mitigate AML risks using a risk-based approach.
• Ensure compliance with international AML regulations and legal standards.
• Develop and implement customer due diligence (CDD) and Know Your Customer (KYC) programs.
• Establish internal controls and conduct effective compliance audits.
• Monitor and report suspicious activities to regulatory authorities.
• Adapt AML strategies to financial and non-financial sectors.
• Use fintech and digital solutions to improve AML programs.
• Improve customer onboarding processes to align with AML requirements.

This program is Validated and Quality Assured by Cambridge Academy of Professionals (CAP) UK. [www.acbrimdgeacademy.uk/]

Features:
Duration: 4 Months
Short Video Material: Available
Mode of Learning: Self-Paced

Post Completion:

• Electronic Certificate
• Digital Badge via Credly.com
• Printed Certificate available

Exam Method:

• Number of Online Final Exams: 01
  • Number of  MCQ Questions: 50
  • Exam Duration: 60 Minutes
  • Total Marks: 100
  • Pass Mark: 70%

Assignment: 

• Total Assignments: 02
• 01 Pre-Course Assignment (Learning Purpose)
• 01 Capstone Projects
  • Total Marks: 300
  • Pass Mark: 70%

Name: James Mwangi
Designation: Compliance Manager
Country: Kenya
"This course helped me develop an effective AML compliance program and improve monitoring of suspicious transactions."

Name: Abigail Mensah
Designation: AML Officer
Country: Ghana
"Understanding the risk-based approach helped me prioritize high-risk cases and improve efficiency."

Name: David Banda
Designation: Financial Crime Analyst
Country: South Africa
"The fintech and digital identity module gave me the tools to monitor and prevent digital money laundering."

Name: Sarah Okeke
Designation: Regulatory Affairs Manager
Country: Nigeria
"Learning about AML legal structures helped me improve compliance and avoid regulatory fines."

Name: Joseph Kamau
Designation: Risk Manager
Country: Tanzania
"The case studies on international AML cases helped me understand the impact of financial crime on global markets."

• AML Compliance Framework
  • Proficiency in developing and implementing AML policies and procedures.
• Risk-Based Approach
  • Skill in assessing and mitigating financial crime risks.
• Customer Due Diligence (CDD) and KYC
  • Competence in verifying customer identity and assessing customer risk levels.
• Regulatory Knowledge
  • Expertise in understanding and applying AML legal and regulatory requirements.
• Internal Controls and Compliance Monitoring
  • Skill in designing and evaluating internal control systems.
• Suspicious Transaction Reporting
  • Competence in monitoring and reporting suspicious activities.
• Fintech and Financial Crime Prevention
  • Knowledge of how to use technology to improve AML effectiveness.
• Communication and Stakeholder Engagement
  • Ability to work with regulators, law enforcement agencies, and financial institutions to combat money laundering.