Anti-Money Laundering and Financial Crime
Detect and prevent money laundering and terrorist financing in line with FATF standards and local law.
- 5 days
- Classroom · Live virtual · In-house
- Afriskora Certificate of Completion
Course overview
This course covers money laundering methods, FATF recommendations and grey-listing implications, customer due diligence, transaction monitoring, suspicious transaction reporting and sanctions, with references to FIC and equivalent laws across Africa.
Who should attend
- Compliance and AML officers
- Bank and financial services staff
- Regulators and supervisors
- Auditors and investigators
What you will be able to do
- Explain money laundering and terrorist financing methods
- Apply FATF standards and local legislation
- Conduct risk-based customer due diligence
- Monitor transactions and report suspicions
- Manage sanctions and PEP risk
Course outline
Day 1Understanding financial crime
- • Money laundering stages
- • Terrorist financing
- • Typologies in Africa
- • FATF and grey-listing
Day 2Legal framework
- • FIC Act and equivalents
- • Supervisory expectations
- • Penalties
- • Record keeping
Day 3Customer due diligence
- • Risk-based approach
- • KYC and beneficial ownership
- • PEPs
- • Enhanced due diligence
Day 4Monitoring and reporting
- • Transaction monitoring
- • Red flags
- • Suspicious transaction reports
- • Sanctions screening
Day 5AML programme
- • Risk assessment
- • Training
- • Independent testing
- • Case exercise
Frequently asked questions
How long is the Anti-Money Laundering and Financial Crime course?
The course runs for 5 days. Daily start and finish times are confirmed in your joining instructions. Live virtual sessions cover the same programme.
Do I receive a certificate?
Yes. Every participant who completes the course receives an Afriskora Certificate of Completion with a unique code that employers can verify online.
Can this course be delivered in-house for our team?
Yes. We can run it at your premises or online for your team, on dates that suit you, and adapt examples and case studies to your sector.
How do I book and pay?
Request dates and we'll send available sessions and a quote. Bookings are confirmed by invoice and paid by EFT. South African clients can include the course in their Workplace Skills Plan.
Related courses
Enterprise Risk Management
Build an enterprise-wide risk management process that supports strategy and decision-making.
5 daysCorporate Governance and Board Effectiveness
Apply good governance principles, including King IV, to strengthen boards and accountability.
3 daysAnti-Corruption, Ethics and Integrity Management
Build an ethical culture and practical controls that prevent bribery and corruption.
3 days