Anti-Money Laundering
Cost: $76.00
Anti-Money Laundering
Overview
Do you know your fit and obligations under the AML/CTF regime?
This course aims to:
- Develop the skills and awareness of employees so that they can drive the organisations AML/CTF compliance activities in the future.
- Help employees translate these obligations into everyday work practices.
- Describe consequences of not complying with their obligations.
- Provide guidance on the steps involved in recognising and preventing money laundering and terrorism financing.
- Support the successful facilitation of AML/CTF policies.
This course is essential for all employees who fall under the AML/CTF Act. This includes financial services sectors, gambling sectors, bullion dealers and other professionals or businesses ('reporting entities') that provide particular 'designated services'.
Objectives
In this course, you will learn about:
- The structure of the AML/CTF regime in Australia;
- Your fit into the AML/CTF regime;
- Your obligations under the AML/CTF regime, including:
- customer identification;
- AML/CTF Programs;
- designated remittance service arrangements and correspondent banking;
- reporting of certain transactions; and
- record keeping.
- Consequences to you for not complying with your obligations.
Duration
This course will take you up to 2 hours (nominal) to complete.