With an increased focus on money laundering, terrorist financing and corruption by regulators in many jurisdictions, banks are closely scrutinising their commercial income against financial crime compliance risk. As a result, de-risking across the banking sector is a significant issue and banking relationships, particularly correspondent banking arrangements, are at risk.
The ICA Specialist Certificate in Money Laundering Risk in Correspondent Banking provides you with an opportunity to understand the fundamentals of correspondent banking. You will look at the inherent money laundering risks and develop skills that will help you recognise potentially dangerous situations in correspondent banking relationships before they escalate into what could become major events.
This course is awarded in association with Alliance Manchester Business School, the University of Manchester.
When you undertake the course, in addition to the essential concepts of AML and CTF, you will cover the following areas:
The course is specifically designed to be detailed yet accessible. Prior subject matter knowledge will be useful, but is not essential.
To get the most from the course, a good standard of English is required.
The course is fully online so can be studied at any time, wherever you are in the world. You will have 3 months to complete the course.
At the end of the online course, you will take a one-hour multiple choice closed book examination.
Specialist certificate courses count as 15 hours of ICA CPD credit.
In order to study any ICA course you will need to become a member of ICA.
|ICA Membership Fee||£30|
|Course Fee**||£595 (+VAT)|
All costs are (+ VAT or local taxes if applicable).
Visit International Compliance Training's website, our dedicated training partner, for information on the locations and dates for this course.