AML and Terrorist Financing Certificate

Anti-Money Laundering (AML) refers to a set of laws, regulations, and procedures designed to prevent criminals from disguising the proceeds of their illicit activities as legitimate income. Money laundering is a process that involves the conversion of "dirty" money, obtained through criminal activities such as drug trafficking, fraud, and corruption, into "clean" money that appears to have been obtained through legal means.

Terrorism financing refers to the practice of providing financial support or resources to individuals or groups engaged in terrorist activities. This support can come in many forms, including cash, goods, or services, and can be provided by individuals, organizations, or governments.

Terrorist groups require funds to carry out their activities, including the acquisition of weapons, explosives, and other supplies, as well as the support of their members and infrastructure. The sources of terrorist financing are diverse and may include criminal activities such as drug trafficking, money laundering, and fraud, as well as charitable donations and government funding.

We are therefore pleased to introduce the CFCA AML and Terrorist Financing Certificate. Over 14 sessions, you will gain an understanding and awareness of key topics in this area, including

1. Anti-Money Laundering

2. AML Regulations for Financial Institutions

3. Additional AML considerations for Casinos

4. Compliance Programs

5. Know Your Customer (KYC)

6. Suspicious Transactions and Reporting of Persons

7. Risks and Red Flags in Financial Institutions

8. High Risk and Politically Exposed Persons (PEPs)

9. Reporting Requirements

10. Records and Documentation

11. Terrorist Financing

12. Stages of Terrorism Financing

13. Similarities between Money Laundering and Terrorist Financing

14. Analysis of Terrorist Financing Threats and Vulnerabilities