AML in Private Banking & Wealth Management

PROUCT DESCRIPTION

This e-learning course is intended for all employees who work in the domain of investment funds. It is not jurisdiction specific and can be used globally.

OBJECTIVES

There are 4 main objectives of this e-learning course

1. You gain an understanding of the AML risks posed by Investment Fund products and services
2. You can identify potential AML red flags on client transactions
3. You have an awareness of AML examples and typographies relevant to Investment Funds
4. You understand the obligations on regulators to perform monitoring and supervision activities in respect of Investment Funds

MODULES

1. Risks – which are inherent in Investment Funds
2. Red Flags – which your members of staff should be particularly aware of
3. Real Examples – of money laundering or terrorist financing using products and services similar to yours
4. Regulatory Inspections – what regulators look for when inspecting Investment Funds

KNOWLEDGE CHECK

There is a 10 question knowledge check at the end of the course with a standard pass mark of 80% and unlimited attempts.

The 10 questions are drawn randomly from a larger bank of questions. Each attempt will draw a different mix of questions.