Quick answer: Introduction to Anti-Money Laundering is a CPD-accredited online AML course for beginners. In 21 short video lessons (84 minutes in total), you’ll learn what money laundering and terrorist financing are, how the money laundering cycle works, how to spot red flags and how to report suspicious behaviour. It’s self-paced, needs no prior experience, and ends with a quiz and a digital certificate worth 2 CPD credits. Price: £185.
At a glance
- Level: Beginner, no experience needed
- Length: 84 minutes of video across 21 lessons, plus a 15-minute quiz
- Accreditation: CPD-accredited by The CPD Register (2 CPD credits)
- Format: Self-paced, online, on desktop, tablet or phone
- Access: 52 weeks
- Certificate: Digital certificate of completion
- Price: £185
What you’ll learn
- What money laundering, terrorist financing and proliferation financing are
- The three stages of the money laundering cycle, and where laundering happens
- How to comply with AML/CFT regulations, and the consequences of not complying
- The key international AML bodies, including the FATF
- How a risk-based AML programme works, including customer, product, service and geography risk
- What source of wealth and source of funds mean
- How to recognise red flags and report suspicious behaviour
Who is this course for?
- Complete beginners who want to understand AML from scratch
- Career changers aiming for a first role in AML, KYC or compliance
- New joiners in client onboarding, operations or compliance at a regulated firm
- Consultants and project managers working on financial crime or onboarding projects
Why learners choose KYC Lookup
KYC Lookup is rated 4.8 out of 5 on Trustpilot from 190+ reviews. Our courses use practical, real-world examples rather than dense theory, and are designed by compliance professionals with years of industry experience.
What’s next after this course?
Most learners continue with Introduction to Know Your Customer, which covers customer due diligence, beneficial ownership and risk rating in more depth. Not sure which qualification to aim for? Read our guide to the best AML course for beginners.
-
Introduction to course
- How to Navigate Through our Courses
- Introduction to course – Anti Money Laundering
- Course Objective – Introduction to AML course
- What is money laundering and terrorist financing
- The money laundering cycle
- The impact of money laundering on our society and economy
- Where does money laundering occur
- What should individual Governments be doing
- How to Comply with AML/CFT regulations
- The consequences of not being compliant
- Key Organizational Bodies
- How to implement an effective AML Program
- Factors to consider – Customer and Industry Risk
- Factors to consider at the time of risk rating a customer – Product and Services Risk
- Factors to consider at the time of risk rating a customer Geography Risk
- What is Source of Wealth and Source of Funds
- Raising Awareness – Red Flags
- Reporting Suspicious Behaviour
- Environmental, Social and Governance (ESG)
- Proliferation Financing
- Course Recap
- End of Course Quiz – Introduction to AML
