Anti-Money Laundering and Counter-Terrorist Financing

A review of the anti-money laundering and counter-terrorist financing requirements applicable to the funds industry.

Single User

€89

Purchase gives you 30-day access to videos, script and online test

Multiple Users

€14*

Free Trial

Multiple Users | 365 Day Access *Assumes 8 courses for 200 users. Contact us for a quote for your organisation.

Single User Discounts

  • Purchase 2 get 10% discount
  • Purchase 3 get 15% discount
  • Purchase 4 get 20% discount
  • Purchase 5 get 25% discount
  • Purchase 6 or more get 30% discount

8 Training Videos

  • Basics of Money Laundering and Terrorist Financing (8 mins)
  • Legislation (9 mins)
  • Risk Assessment (9 mins)
  • Customer Due Diligence (16 mins)
  • Politically Exposed Persons (PEPs) (8 mins)
  • Additional Customer Due Diligence Requirements (16 mins)
  • Suspicious Activity (9 mins)
  • Enforcement (8 mins)

Details

  • Prepared By Compliance Ireland
  • Duration 89 minutes
  • CPD/CPE Credits 1.5
  • Contents 8 Videos | Documents | Test

Who is this For?

Transfer agency/shareholder services/investor services teams that require a greater understanding of AML and counter-terrorist financing. In particular, service providers of Irish-domiciled funds that need a greater understanding of their obligations. 

Learning Outcomes

At the end of the Anti-Money Laundering and Counter-Terrorist Financing module, participants will be able to:

  • Describe what is meant by money laundering and terrorist financing
  • Discuss the three stages of money laundering
  • Discuss the difference between money laundering and terrorist financing
  • Understand how money launderers might use their business
  • Understand where anti-money laundering legislation comes from
  • Discuss why anti-money laundering and counter-terrorist financing responsibilities are imposed on the business
  • Understand where these responsibilities come from
  • Outline what these responsibilities are
  • Understand why a risk assessment of the business is important
  • Discuss the main constituents of a risk assessment
  • Understand what the terms low risk, medium risk and high risk mean for the business
  • Discuss what is meant by customer due diligence
  • Understand the three standards of customer due diligence
  • Discuss customer due diligence requirements and when customer due diligence must be carried out
  • Discuss the requirement to do ongoing monitoring of the business relationship
  • Understand the requirement to retain customer due diligence documentation
  • Discuss indicators of suspicious activity and of suspicious transactions in the context of the business
  • Understand the suspicious reporting procedure
  • Understand the offence of tipping off
  • Discuss the penalties for money laundering offences
  • Understand the damage that could be caused by a money laundering enforcement action against the business
  • Discuss Irish money laundering enforcement actions

Single User

€89

Purchase gives you 30-day access to videos, script and online test

Multiple Users

€14*

Free Trial

Multiple Users | 365 Day Access *Assumes 8 courses for 200 users. Contact us for a quote for your organisation.

Single User Discounts

  • Purchase 2 get 10% discount
  • Purchase 3 get 15% discount
  • Purchase 4 get 20% discount
  • Purchase 5 get 25% discount
  • Purchase 6 or more get 30% discount