Anti-money laundering (AML) training for organisations
Train your employees to identify red flags and prevent fraudulent activities from happening.
The AML training courses from LRN use engaging videos, interactive screens, realistic scenarios, reflection points, and quick assessments to teach learners on multiple aspects of anti-money laundering.
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AML training courses include:
• Customer Due Diligence
• Know Your Customer (KYC)
• Internal Reporting for Anti-Money Laundering
• Tactics to Prevent Money Laundering
• Laws and Regulations
• Money Laundering and Counter-Terrorism Financing (CTF)
• Financial Crime
Learners will be able to:
• Define key terms and concepts related to anti-money laundering.
• Understand how to spot red flags
• Apply tactics to prevent money laundering and financial crime
• Seek advice when raising concerns, and reporting breaches and other financial crime compliance issues.
Find out more about LRN's AML courses today. Book a demo to find out more.
The financial risk landscape in APAC is also diverse. From global economic sanctions to emerging risks of digital assets and cryptocurrency, organisations need to keep abreast of the regulations to ensure laws are not violated.
The recent S$1 billion money laundering case in Singapore has also taught us to remain vigilant as large criminal enterprises continue to seek out loopholes around anti-money laundering safeguards.
The Hong Kong Monetary Authority (HKMA) imposed a penalty of HK$16 million on a Hong Kong bank for breaching five provisions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.
It is important to offer AML training to your employees so they know when and how to detect and report suspicious financial crime activity in your organisation.
