C.AML : Certified in Anti-Money Laundering
C.AML is administered by AAIFM (The American Association for Investment and Financial Management); one of the most renowned associations for Compliance, Financial management, risk management and investment in the United States. By earning C.AML candidates demonstrate that they have mastered the compliance and Anti-Money Laundering body of knowledge, obtained the skills of compliance and risk management, and committed to AAIFM core values and code of ethics. Earning your C.AML designation not only broadens your skill set, it demonstrates a standardized level of industry knowledge, making you a recognized leader in compliance and risk management.

Requirement:

• A passing score on the C.AML Examination.
• Bachelor Degree in any field OR;
• A minimum of two years experience in any related risk area (compliance, risk management, actuary, finance, accounting, investment…).
• A Minimum of 25 hours of compliance; risk management approved training.

Exam Format
The C.AML (Certified Compliance Risk Professional) examination is a 3-hour exam, Case Study with Multiple Essay questions. The exam is given in booklet form.

Exam Outline

• The International Legislations and Best Practices
• Challenges financial institutions facing against ML/TF
• Duties of financial institutions in preventing ML/TF
• Role of the board and senior management
• Roles and responsibilities of the Money Laundering Reporting Officer (MLRO)
• Consequences of ML/TF on global economies and the financial industry
• AML/CTF Framework
• AML Program Elements
• Know your Customer Onboarding Lifecycle
• Dealing with High Risk Customers/profiles/businesses
• Know Your Employee
• Overview on sanctions
• Effective investigations

The program unfolds the latest local and international trends in fighting money laundering and presents techniques to minimize related risks. It is delivered under the form of an advanced discussion around the key issues, challenges and solutions.

Who Should Attend?
The Certificate in Anti-Money Laundering is ideal for all participants who seek understanding of the growing significance of anti-money laundering:

• Regulators, compliance professionals & MLROs
• Banking & insurance professionals
• Legal, risk, operational professionals
• Lawyers and consultants
• Internal audits

*Trainings and Exam Preparation Provider.