Anti-Money Laundering: AML, KYC, CDD & EDD Compliance

Descripción

Whether you're looking to start a career in compliance, enhance your role in banking or finance, or simply want to understand how global institutions combat illicit financial activity, this course provides the knowledge and practical tools to get you there. We begin by breaking down the foundation of money laundering: what it is, how it works, and why it's such a serious global threat to economic integrity. You’ll explore the full money laundering cycle, including placement, layering, and integration — explained in simple language. From there, we dive into the frameworks that protect against it: • Know Your Customer (KYC) procedures • Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) • Handling Politically Exposed Persons (PEPs) • Recognizing red flags and suspicious behavior • Filing Suspicious Transaction Reports (STRs) correctly • Understanding FATF recommendations, sanctions, and global enforcement efforts You'll also analyze real-world failures in compliance from major institutions like HSBC and Danske Bank — learning exactly what went wrong and how it could have been prevented. This course includes: • Expert-level instruction explained in simple, digestible language • Downloadable resources, templates, checklists, and visual guides • Scenario-based practice to apply what you've learned • Final videos covering enforcement actions and compliance careers • No experience needed — just curiosity and attention to detail By the end of this course, you'll not only understand how financial institutions identify and manage compliance risk — you'll be prepared to contribute meaningfully to the fight against money laundering in your future career.

Lo que aprenderás

• Explain the purpose and principles of Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
• Identify the three stages of money laundering and recognize common laundering techniques.
• Apply Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) procedures in practical scenarios.
• Detect suspicious activity using real-world red flags and transaction patterns.
• Understand how to file Suspicious Transaction Reports (STRs) and meet compliance requirements.
• Analyze high-profile AML case studies to evaluate risk, failure points, and best practices.

Requisitos

• No prior experience required. This course is beginner-friendly and perfect for anyone interested in compliance, finance, or risk management.