This certification course content includes:

•  Introduction to AML/Anti-Terrorism/CFT Ecosystem
• Overview of Counter Financing of Terrorism/Anti-Terrorism
• Sanctioning bodies and Recommendations on CFT – EU, UN, US – OFAC, UK, Defences used by reporting entities
• Fundamental differences between Money laundering and Terrorist Financing
• Terrorism and the Global impact Social/economic impact
• CFT/TF Threat Assessment- Understanding TF Risks   (Customer Risks Rating)
• Know Your Customer in relation to CFT/TF & Comparison of Indicators – ML & CFT
• Customer Due Diligence (CDD) and Non-profit organizations
• Enhanced Due Diligence (EDD) & Retrospective Due Diligence (RDD) –  Preventing TF exploitation of financial products
• Compliance responsibility ML/TF; QTR’s & TFR’s; regulatory requirements
• Reporting (STR’s) on suspected terrorism and terrorists financing
• Confiscation of terrorist’s property and the role of the compliance officer
• The FTF phenomena – International & Regional perspectives
• Social Media for propaganda and crowd funding, proliferation
• Cybercrime & Terrorism

Learning Objectives:

• Develop a fundamental understanding of AML/Anti-Terrorism/CFT Ecosystem
• Define and understand the regulatory requirements of Counter Financing of Terrorism and Anti-Terrorism
• Learn the sanctioning bodies and recommendations on CFT in a global context
• Distinguish and understand between the fundamental differences of money laundering and terrorist financing
• Understand the global impact of terrorism in a social and economic context
• Understand and develop the CFT/TF assessment taking into account the different risks
• Distinguish between customer due diligence, enhanced due diligence, and retrospective due diligence
• Understand the steps involved in reporting suspected terrorism and terrorist financing
• Have a keen understanding of the role of the compliance officer in terms of the confiscation of terrorist property
• Understand cybercrime and its impacts on terrorism

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.