Anti-Money Laundering Training

The Importance of Anti-Money Laundering Training Courses

Money laundering is a serious financial crime. Money laundering is the process of making large sums of money obtained by illegal means and criminal activity, such as drug trafficking or terrorist funding, appear to have come from legitimate sources.

Most financial companies have anti-money laundering policies in place to detect and prevent this activity. Anti-money laundering training is important to ensure that professionals recognize money laundering activities, and learn how to mitigate and prevent the threat. 

Who Should Take an Anti-Money Laundering Training Class?

Anti-money laundering training courses are suitable for anyone working or aspiring to work in the banking and finance industry. There are available training courses that are appropriate for all levels, from entry-level to mid-level and senior professionals. The knowledge participants gain from anti-money laundering training programs can help professionals progress in their careers.

What Will You Learn?

Anti-money laundering training courses provide participants with an understanding of the process of money laundering and the principal ways in which money launderers tend to target the industry. Participants will also learn how to detect money laundering activities and deal with the risk of money laundering. More specific courses will cover the relevant regulatory requirements or company policies that deal with money laundering as well as the responsibilities of employees to help detect and prevent money laundering.

Anti-Money Laundering Training Course Formats

Anti-money laundering training programs are offered with a wide range of scheduling options. The training courses can run from an hour to several weeks, so choose the course that best meets your needs and schedule.

A large number of anti-money laundering training classes are available online. This offers participants flexibility and convenience.

Anti-money laundering training courses can also take place in a classroom setting. A classroom course will take place at a specified time and location. This is a great option for individuals who want to take training into their own hands or an organization that needs to have a few employees trained.

If you are an organization or firm with a large number of employees who need training, on-site or in-house training might be suitable for you. Search through courses for a trainer who can bring expert on-site training to you and your employees.