ICA International Diploma in Anti Money Laundering (Australia)

Course level : ICA Diplomas

The challenge of managing transnational and international AML risks is one that demands an internationally ‘joined up’ approach and a common understanding of emerging trends. The ICA International Diploma in Anti Money Laundering is our flagship qualification and the industry-standard for MLROs and financial crime professionals managing money laundering risk. The qualification is benchmarked against international best practice and has been co-developed with local subject matter experts to ensure the content within the workshops is particularly relevant. There are references to local rules and regulations and local case studies bringing the materials to life ensuring that , you will benefit from both the international and local perspectives.

This advanced level course will help you understand the threat and mitigate the risks, develop and implement best practice AML initiatives and boost your professional profile.

This course is awarded in association with Alliance Manchester Business School, the University of Manchester.

Is this course right for me?

Learners are required to have ONE of the following:

Sound educational background, e.g. degree or professional qualification in an appropriate discipline
or
Attainment of an ICA International Advanced Certificate
or
Three years relevant work experience*

A good standard of spoken and written English is required for this course.

This course is suitable for:

MLROs/MLPOs and their deputies
Financial Crime Compliance Teams
Police and FIU/FCU staff
Managers with responsibilities for internal AML controls
Risk Managers
Individuals who have completed the ICA Certificate in AML or ICA Advanced Certificate in AML (UK or International)
Accountants
Lawyers
Company Secretaries

ICA qualification levels explained:

What will I learn?

The international AML and CTF framework
Laundering the proceeds of tax evasion
Terrorism financing and proliferation financing
Complying with sanctions regimes
Implementing an AML/CTF risk based approach
Management issues for an AML/CTF policy
Culture and training
Vulnerabilities of products and services
Customer due diligence (CDD)
Transaction and activity monitoring
Recognition, handling and reporting
Dealing with the authorities

Course format

9-month course assessed by 3 written assignments (3,000 – 3,500 words)
A mixture of guided online study and participation in live sessions:
- 2 x virtual classrooms
- 1 x immersive learning scenario (putting you at the centre of a story)
- 3 x tutorials (a chance to discuss elements of the course in more depth)
- 3 x assessment preparation sessions
Videos covering the latest industry developments and case studies
Access to the ICA members’ portal containing additional reading and resources
Proactive support throughout the course to help you stay on track

***From the March 2023 intake, the assessment format is changing to a timed multiple-choice assessment after each of the three course modules, providing feedback on where you need to enhance your knowledge; a written assignment with an industry sector focus; and a case-study based written assignment connecting-up the elements of your learning.