Certificate Importance:

• A specialized training program that directly links the global regulatory framework for combating money laundering to Kuwaiti law and its regulatory mechanisms.
• It provides an understanding of international best practices in law enforcement and aligns them with local applications.
• It comprehends money laundering in all its forms, its developments, and establishes correct approaches to combat this crime.
• It also covers how to avoid sanctions, violations, and their resulting consequences.

This certification course includes:

• Ecosystem of Money Laundering Impact and Statistics
• Risk-Based Approach
• Know Your Customer Process and Procedures
• Suspicious Transaction Report/Suspicious Activity Report (STR/SAR)
• International and National Sanctions
• AML and Cybercrime/FinTech

Learning Objectives:

• Learn the elements in the AML-CFT regulatory ecosystem
• Understand the key elements of the global and local frameworks for combatting money laundering, terrorist financing, and financial crimes
• Learn key regulatory mechanisms and understand the legal obligation regarding sanctions
• Understand evolving cybercrime trends and their links to money laundering
• Study case studies and scenarios to support AML-CFT theory and practice

Prerequisites:

To qualify for admission to this AML/CFT/FCP Certification Program sequence of courses, in addition to a high school diploma and/or have entry-level qualifications to a college/university a student must qualify via at least one of the following:

• Be enrolled at a University Partner’s institution;
• Be admitted at any University Partner’s institution;
• Have obtained at least an Associate Degree from another accredited institution; or
• Have accumulated five (5) years of experience working for a regulated entity under AML/CFT/CFP/FCP, a regulator, an enforcement agency or government, and possess at least a high school diploma.

Select University/Strategic Partner