The Certificate in Anti-Money Laundering is a comprehensive program designed to equip banking and financial services professionals with the knowledge and skills necessary to combat money laundering effectively. This course covers the regulatory landscape, international standards, and the crucial role banks play in preventing illicit financial activities. Participants will gain insights into risk-based approaches, customer due diligence, and the use of technology in AML detection.
At the end of this course, participants will be able to: By the end of the certificate program, participants should be able to: • Understand the foundational concepts of money laundering and terrorist financing, including their methods, stages, and impacts on the global economy. • Identify and interpret key international and national AML/CFT laws, regulations, and standards. • Assess the risks associated with money laundering and terrorist financing in various sectors and develop strategies to mitigate these risks. • Implement effective Customer Due Diligence (CDD) and Know Your Customer (KYC) procedures to verify and monitor client identities and activities. • Recognize suspicious activities and understand the processes and responsibilities related to reporting these activities to relevant authorities. • Develop, manage, and assess the effectiveness of an AML/CFT compliance program tailored to an organization's specific needs and risks. • Stay updated with emerging threats and trends in the AML/CFT landscape, especially concerning digital currencies and new payment methods. • Apply ethical considerations in the AML/CFT realm and understand the legal implications and obligations of AML/CFT compliance. • Engage with case studies and real-world scenarios to apply theoretical knowledge to practical situations.
• Banking and Financial Professionals • Compliance and Risk Management Professionals • Law Enforcement and Regulators • Legal Professionals • Accountants and Auditor • Real Estate Professionals • Casino and Gaming Industry Professional • FinTech and Crypto Industry Professionals • Consultants and Advisors
• Introduction to Financial Crimes and Anti-Money Laundering • National and International AML/CFT Frameworks • Understanding Financial Products & Risks • Customer Due Diligence (CDD) & Know Your Customer (KYC) Procedures • AML/CFT Monitoring, Detection, and Reporting • The Role of Technology in AML/CFT • Trade Based Money Loundering • Countering the Financing of Terrorism (CFT) • Countering Proliferation Financing • Sanctions and Watchlists • Special Topics in AML/CFT • Other Financial Crimes • Ethical and Legal Considerations • Case Studies in Financial Crimes and Money Laundering • Future Trends and Challenges in AML/CFT
Duration 3 months 15 Jan – 15 April Investment: UGX 900,000
COST: Investment: UGX 900,000
