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Certified by DFI

Anti Money Laundering Compliance

$250 / Finance Available

This 4-week course provides an introduction to the regulatory frameworks and compliance issues surrounding money laundering, terror financing and proliferation financing.

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Start Date

10 September 2020

Duration

4 Weeks

Delivery

Online, in our digital classroom

Anti Money Laundering Compliance

Navigating the complicated web of regulatory frameworks and compliance requirements governing anti-money laundering efforts and attempts to counter the financing of terrorism and organised crime through digital financial services is complicated at best. This course aims to give students the knowledge and tools necessary for doing so.

Acting as a compliance training course, it focuses on the importance of the Financial Action Task Force’s 40 recommendations and the implications for governments and financial services providers in countering countering money laundering and terror financing. The course will provide an understanding of the various tools and skills needed to develop risk assessments and to identify suspicious transactions. It will also provide insights into the importance of artificial intelligence, blockchains and big-data analytics as practical interventions in curbing illicit and illegal financial flows.

Why do I need an Anti Money Laundering Course?

This course is designed for professionals who need a regulation and compliance course focused on anti-money laundering and countering terror financing in the digital financial services space. It will also benefit professionals working in financial inclusion and sustainable economic development who would like to develop their understanding of the relevant regulatory frameworks.

Students will leave the course able to identify and discuss frameworks, regulations and how they are changed and challenged by ongoing innovations in the sector. Students will leave with the tools and insights necessary for combating money laundering and terrorism financing, and to develop informed risk assessments.

Course Curriculum

Faculty

David Porteous

Founder & Chairman
Digital Frontiers Institute

Louis De Koker

Professor of Law
La Trobe University, Melbourne, Australia

What is an Anti-Money Laundering Course?

There are a number of international and national anti-money laundering regulations that directly affect digital financial services. This course provides the necessary training to navigate and comply with them.

What are Anti-Money Laundering Regulations?

Anti-money laundering regulations are compliance requirements, often set out in international law, designed to combat the use of financial services to fund illegal activities.

What is a Mobile Money Business?

A mobile money business is an organisation, usually a financial services provider, that provides mobile money tools to consumers.

What is DFS?

DFS, or digital financial services, are any financial services that are available through digital channels, and includes payments, credit, savings, transfers and insurance.

What is Fintech?

Fintech, or financial technology, refers to any digital technological tools or business models used to support the delivery of financial services.

What is Financial Inclusion

Financial inclusion is a key part of DFI’s agenda and refers to the goal of ensuring that all people, especially marginalised groups, have access to the financial tools they need.

What is a Virtual Classroom?

A virtual classroom is a learning environment that only exists through a digital platform and that allows students to participate regardless of their geographic location. All DFI’s courses are delivered in a virtual classroom.

What is Digital Frontiers Institute?

Digital Frontiers Institute (DFI) is a digital education provider designed to prepare professionals for the challenges and opportunities they will encounter in a rapidly changing economy.