Anti-Money Laundering (AML), CFT & Financial Crime Compliance Course

Introduction

The Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT) & Financial Crime Compliance Course is designed to equip professionals with advanced knowledge and practical skills to detect, prevent, and report financial crimes. The course provides a comprehensive understanding of global AML/CFT frameworks, regulatory requirements, and compliance systems essential for safeguarding financial institutions and organizations against illicit financial activities.
In financial environment, money laundering, terrorist financing, and related financial crimes pose significant risks to institutions, economies, and global security. This course enables participants to understand how illicit financial flows are structured, layered, and integrated into legitimate systems. It emphasizes risk-based compliance approaches that strengthen detection and prevention mechanisms across financial and non-financial sectors.
The training covers international AML/CFT standards such as FATF Recommendations, Basel guidelines, and national regulatory frameworks. Participants will learn how to design, implement, and evaluate compliance programs that meet regulatory expectations. The course also focuses on customer due diligence (CDD), know-your-customer (KYC) procedures, and enhanced due diligence for high-risk clients and transactions.
A key component of the course is financial crime risk assessment, where participants explore typologies of money laundering, fraud schemes, terrorist financing patterns, and emerging cyber-enabled financial crimes. The training highlights how criminals exploit digital platforms, cross-border transactions, and shell companies, enabling participants to identify red flags and suspicious activities effectively.
The course also emphasizes compliance monitoring, reporting obligations, and investigative techniques used in AML/CFT frameworks. Participants will learn how to prepare suspicious transaction reports (STRs), conduct transaction monitoring, and support regulatory investigations. The program strengthens the ability to ensure organizational adherence to legal and ethical financial conduct standards.
Ultimately, this course builds strong AML/CFT and financial crime compliance capabilities that empower professionals to protect financial systems from abuse. It enhances the ability to detect, prevent, and respond to financial crime risks while ensuring regulatory compliance. By the end of the training, participants will be able to implement robust compliance frameworks that safeguard institutional integrity and global financial stability.

Who Should Attend

• Compliance Officers and Managers
• Internal and External Auditors
• Risk Management Professionals
• Banking and Financial Institution Staff
• Anti-Money Laundering (AML) Analysts
• Regulatory and Supervisory Authority Staff
• Law Enforcement Officers and Investigators
• Fraud Detection and Prevention Specialists
• Legal and Corporate Governance Professionals
• Finance and Accounting Professionals
• Fintech and Digital Banking Professionals
• Insurance and Investment Compliance Officers

Duration

10 Days

Course Objectives

• Equip participants with comprehensive knowledge of AML, CFT, and financial crime compliance frameworks applicable across financial and non-financial sectors.
• Enable learners to identify, assess, and mitigate money laundering and terrorist financing risks within organizational systems and processes.
• Strengthen understanding of international AML/CFT standards such as FATF recommendations and their application in compliance programs.
• Develop ability to implement effective customer due diligence (CDD), know-your-customer (KYC), and enhanced due diligence (EDD) procedures.
• Enhance skills in detecting suspicious transactions, financial anomalies, and red flag indicators of financial crime activities.
• Build competency in designing and evaluating risk-based AML/CFT compliance frameworks within organizations.
• Enable participants to conduct transaction monitoring and analysis for identifying illicit financial flows and patterns.
• Strengthen ability to prepare and submit suspicious transaction reports (STRs) in compliance with regulatory requirements.
• Develop investigative skills for supporting internal and external financial crime investigations and regulatory inquiries.
• Improve understanding of emerging financial crime trends including cybercrime, digital currencies, and cross-border laundering schemes.
• Foster capability to implement strong internal controls, compliance policies, and governance structures to prevent financial crime.
• Enable participants to support organizational compliance culture and ensure adherence to legal, ethical, and regulatory standards.

Comprehensive Course Outline

Module 1: Introduction to AML, CFT & Financial Crime

• Concepts of money laundering
• Terrorist financing overview
• Financial crime typologies
• Global AML/CFT landscape

Module 2: International AML/CFT Regulatory Frameworks

• FATF recommendations
• Basel AML guidelines
• UN conventions on financial crime
• National regulatory frameworks

Module 3: Money Laundering Stages and Typologies

• Placement, layering, integration
• Common laundering methods
• Shell companies and offshore structures
• Trade-based money laundering

Module 4: Terrorist Financing Mechanisms

• Sources of terrorist funds
• Financing channels and methods
• Non-profit organization misuse
• Cross-border financing risks

Module 5: Customer Due Diligence (CDD)

• CDD principles and processes
• Identity verification techniques
• Risk profiling of clients
• Record keeping requirements

Module 6: Enhanced Due Diligence (EDD)

• High-risk customer identification
• Politically exposed persons (PEPs)
• Complex ownership structures
• EDD documentation standards

Module 7: Transaction Monitoring Systems

• Automated monitoring tools
• Suspicious pattern detection
• Threshold-based alerts
• Manual review processes

Module 8: Suspicious Transaction Reporting (STR)

• STR identification criteria
• Reporting procedures
• Regulatory timelines
• Documentation standards

Module 9: Financial Crime Risk Assessment

• Risk identification techniques
• Risk rating methodologies
• Institutional risk mapping
• Mitigation strategies

Module 10: Fraud and Corruption Detection

• Internal fraud schemes
• External fraud typologies
• Procurement-related financial crimes
• Corruption risk indicators

Module 11: Cybercrime and Digital Financial Crimes

• Online fraud mechanisms
• Cryptocurrency laundering risks
• Digital payment vulnerabilities
• Cybersecurity integration

Module 12: AML Compliance Programs

• Compliance framework design
• Policy development
• Internal controls systems
• Compliance governance structures

Module 13: Investigations and Enforcement Support

• Financial crime investigations
• Evidence collection techniques
• Collaboration with regulators
• Case documentation

Module 14: Financial Intelligence and Data Analysis

• Data-driven AML analytics
• Pattern recognition techniques
• Risk scoring systems
• Visualization of financial flows

Module 15: Emerging AML/CFT Trends

• Fintech and digital banking risks
• Artificial intelligence in AML
• Blockchain tracing techniques
• Cross-border regulatory challenges

Module 16: Ethics, Governance & Compliance Culture

• Ethics in financial compliance
• Organizational governance systems
• Compliance culture development
• Whistleblowing frameworks

Training Approach

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

Certification

Upon successful completion of the training, participants will be awarded a certificate of completion by Steady Development Center.

Training Venue

The training will be held online. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, tutorials and all required training manuals. Any other personal expenses are catered by the participant.
For registration and further enquiries, contact us on:

• Tel: +254 701 180 097
• Email: training@steadytrainingcenter.com

Tailor-Made Option

This course can be customized to suit the specific needs of your organization and be delivered on-line to any convenient location.

Terms Of Payment

Upon agreement by both parties’ payment should be made to Steady Development Center’s official account at least 3 working days before training begins to facilitate adequate preparation.

Our Upcoming Training Schedule