Prevention of Money Laundering and Terrorist Financing is a challenge for World Financial System. Financial Institutions including banks spend millions of dollars to maintain the Anti Money Laundering and Countering Financing of Terrorism Framework. Fundamentals of AML/CFT provides a structured and practical understanding of AML/CFT requirements, frameworks, risks, and compliance expectations.
In this course, participants learn how Money Laundering and Terrorism Financing happen, and why they are a global threat. This course walks you through key AML/CFT rules, common risks, KYC and screening steps, and how to spot and report suspicious activity using real-world tools.
