Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT)
International AML/CFT for professionals, built on the FATF standards: risk-based approach, KYC and beneficial ownership, PEPs, red flags, STRs, sanctions and running a compliance programme.
Enrol in this Course
- 📦 5 modules
- 📹 20 lessons
- 📝 5 quizzes
- 🎓 Certificate on completion
- ♾ Learn at your own pace, online
Money laundering and terrorist financing are not only banking problems. Criminals need lawyers, accountants, estate agents, car and gold dealers, fintechs and payment companies to move and hide their money. Every one of those businesses is now expected to know its customers, spot red flags and report suspicion. Regulators expect staff to be trained, and they expect proof.
This course gives professionals a practical, international understanding of anti-money laundering and counter-terrorist financing (AML/CFT). It is built on the FATF Recommendations, the global standard that national AML laws in more than 200 jurisdictions follow, so it applies wherever you work. It is written for compliance officers, MLROs, relationship managers, onboarding teams, lawyers, accountants, real estate and dealer businesses, and fintech and payment staff. The first lesson of each module covers the basics for anyone new to the subject.
What you will learn
- How money laundering and terrorist financing work, and how the FATF standards shape national laws
- How to apply a risk-based approach to customers, products, channels and countries
- How to carry out customer due diligence, identify beneficial owners, and apply enhanced checks to PEPs and high-risk clients
- How to recognise red flags, report suspicious transactions, avoid tipping off, and screen for sanctions
- How to build and run an AML/CFT compliance programme that stands up to inspection
How the course works
There are five modules, each with four lessons and a short quiz. You need 70% on each quiz to complete the course and earn your certificate.
Important
This course explains international standards and good practice as at October 2026. Your obligations come from the AML law and regulations of the country where you operate, and from your regulator’s guidance. Always follow those, and your organisation’s own policies.
Course Curriculum
5 modules · 20 lessons · 5 quizzes
Module 1: Understanding Money Laundering and Terrorist Financing
- 1.1 What Money Laundering Is and Why It Matters (Start Here)
- 1.2 Terrorist Financing and Proliferation Financing
- 1.3 The FATF Standards and How National Laws Follow Them
- 1.4 Typologies: How Criminals Use Different Sectors
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Module 1 Quiz Enrol to take
Module 2: The Risk-Based Approach and Customer Due Diligence
- 2.1 The Risk-Based Approach (Start Here)
- 2.2 Customer Due Diligence: Identify, Verify, Understand
- 2.3 Beneficial Ownership: Finding the Real Owner
- 2.4 Simplified and Enhanced Due Diligence, Including PEPs
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Module 2 Quiz Enrol to take
Module 3: Monitoring, Red Flags and Reporting
- 3.1 Ongoing Monitoring (Start Here)
- 3.2 Red Flags Across Sectors
- 3.3 Suspicious Transaction Reporting
- 3.4 Tipping Off, Confidentiality and Protection
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Module 3 Quiz Enrol to take
Module 4: Sanctions, Record Keeping and Special Risk Areas
- 4.1 Sanctions Screening (Start Here)
- 4.2 Record Keeping and Data
- 4.3 Correspondent Banking, Wire Transfers and New Technologies
- 4.4 Obligations for Professionals and Non-Financial Businesses
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Module 4 Quiz Enrol to take
Module 5: Building and Running an AML/CFT Compliance Programme
- 5.1 The Elements of a Compliance Programme (Start Here)
- 5.2 The Role of the MLRO and Compliance Officer
- 5.3 Training and Culture
- 5.4 Independent Testing, Inspections and Continuous Improvement
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Module 5 Quiz Enrol to take