Intermediate – AML Compliance Programs & Processes
Objective: Learn how AML programs operate in financial institutions and how to meet global regulatory requirements.
📌 Topics to Master:
- Developing and managing AML compliance programs
- KYC (Know Your Customer) & CDD (Customer Due Diligence)
- How to file SARs (Suspicious Activity Reports)
- Sanctions screening (ACCUITY, WORLDCHECK, AU, OFAC, EU, UN etc)
- Introduction to Transaction Monitoring Systems (TMS)
- Understanding the role of FIUs or FIAs (Financial Intelligence Units or Authority)
- Regulatory Reporting (STR, CTR, ALCTR, IWTR, CBWTR, NTR, CCR etc)
- Link Analysis & iTool.
🛠️ AML Tools & Platforms:
- Leading AML systems: Actimize, SAS AML, Clari5, Oracle Mantas, Amlock
- Sanctions screening software: Dow Jones, World-Check, LexisNexis
🎓 Best AML Certifications:
- CAMS – Certified Anti-Money Laundering Specialist (ACAMS)
- ICA Certificate in AML Compliance
- CFCS – Certified Financial Crime Specialist
