Fundamentals of AML/CFT

About Fundamentals of AML/CFT

This course on the Fundamentals of AML/CFT has been presented by Fintelekt Advisory Services, one of the top global providers of AML/CFT training. The course, delivered by Arpita Bedekar, Chief Operating Officer, Fintelekt, is designed to help employees of all types of financial institutions to gain the required knowledge about Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) from an educational, regulatory and ethical perspective. The course is suitable for employees of financial institutions and its related vendor institutions as well as students, who wish to make a career in AML/CFT compliance. The course will help you to:

Gain a thorough understanding of the concepts related to AML/CFT, including the stages of money laundering and terrorist financing.

Become aware of the various methods and mechanisms, or typologies, used by criminals to launder money or to finance terrorist activities.

Understand the global and country-level legal and regulatory frameworks for AML, CFT, Know Your Customer (KYC), Customer Due Diligence (CDD), transaction monitoring and reporting.

Understand the appropriate actions to be taken by you as an employee, and by your institution, when faced with suspicious transactions or customers.

Learn about the various red flag indicators useful for detecting suspicious transactions or activities.