ICA Certified Money Laundering Reporting Officer

Written by MLROs for MLROs, this certification provides a framework and toolkit that equips you with the knowledge and practical skills to tackle the unique challenges the role of a Money Laundering Reporting Officer presents.

Course details

Navigate the complex role of a Money Laundering Reporting Officer
Gain confidence to make changes, set goals and challenge stakeholders
Discover how to make informed decisions and demonstrate the rationale
Learn to manage relationships with boards and regulators effectively
Become automatically eligible for ICA Fellowship (the highest level of ICA membership) on successful completion of the qualification

The next course start dates:

10 June 2024 - Course Calendar

Download course brochure

Course Fees:

Price: £3495 + applicable tax and membership fee

You may also be interested in:

ICA Diploma in Anti Money Laundering

Apply for the course by completing the form below:

Become an ICA member

When you enrol onto this course you will join an international
community of over 30,000 members. Benefits include:

Access to the uniquely personalised ICA Learning Hub
Weekly webinars covering the latest industry
developments
Discounts on ICA events and further ICA courses

The fee for ICA membership will be added separately to your basket when you enrol online for this course.

What will I learn?

Interview questions and wider due diligence before taking up an MLRO / Deputy MLRO position
Governance - senior management responsibilities – prescribed responsibilities
Management information & report writing
Risk assessment and risk appetite
Policies, procedures & operational implementation
Staff, training, leading and influencing/psychological models to develop interpersonal skills
Quality of oversight – obtaining trusted data
First 100 days - main risks and expectations
Form A – FCA Registration, fit & proper interview
Building Trust - stakeholder management, committees, management information, regulatory interaction, the MLRO Report
Problem shooting and escalation pathways

Is this course right for me?

This highly interactive and practical course has been designed for senior individuals who are currently in the role of MLRO or Deputy MLRO.

The course incorporates the UK FCA’s MLRO requirements to help explain the best practice skills and behaviours in a practical context. Students from other jurisdictions are eligible for the course, subject to the experiential requirements below, as the core skills you will develop are transferable to any jurisdiction.

This course requires experience in the activities of an MLRO as you will participate in highly interactive, virtual classrooms and demonstrate how you will apply your learning in your day-to-day role through the assessment process.

You will need to have a good standard of spoken and written English for this course and either ONE of the following to be eligible for the course:

at least one years’ experience as a Deputy Money Laundering Reporting Officer or currently hold the role of Money Laundering Reporting Officer

OR
work in a relevant role and have completed the ICA International Diploma in Anti Money Laundering or Financial Crime Prevention or equivalent

Course format

Course format - Intensive

This intensive format over 3 weeks contains a mix of online study and live, virtual classrooms delivered by industry experts:

8 x virtual classrooms over three days
1 x live immersive scenario • 1 x group tutorial

You will need to attend all sessions in this intensive version to complete the course.

Course format – Standard

Study over 9 weeks via a mix of online study and live, virtual classrooms delivered by industry experts:

8 x virtual classrooms
1 x live immersive Scenario and Group tutorial

Both formats are assessed by a written assignment which must be submitted within two weeks of the facilitated discussion.

This was a fantastic course offered by the International Compliance Association, which really drilled down on the regulatory requirements and expectations of the role, as well as covering an array of leadership skills such as stakeholder management to embrace and optimise that trusted advisor status.

Claire Hyde