This programme equips students with advanced knowledge and understanding of Anti-Money Laundering (AML) and Compliance practices and objectives to help them consolidate the skills required for professional practice related to AML and Countering the Financing of Terrorism (CFT).

The course provides advanced knowledge on Money Laundering (ML) and Financing of Terrorism (FT) and how this affects the economic sectors of countries. Students will also learn how to combat Money Laundering (AML) the financing of terrorism (CFT) taking legislation and regulations into consideration.

The programme begins with addressing Money Laundering and Terrorism Financing Typologies to determine whether it is possible to identify trends in the different phases of money laundering or terrorism financing.

The programme then moves on to tackle Money Laundering and Terrorism Financing Threats from New Technologies; and to emphasise on an overall risk-based approach rather than a uniform wholesale approach of de-risking.

The course also addresses Risk-based approach for Financial Institutions where special emphasis is placed upon supervisors and supervised entities and their awareness regarding the money laundering and terrorism financing (ML/TF) risks in their country and the implementing of effective controls.

Furthermore, the course addresses the duties of firms and their employees in relation to preventing money laundering and terrorist financing. The assessment of risks relating to proliferation financing and how targeted financial sanctions diminish these risks is also explored within this programme.

The transparency of beneficial ownership and its importance in tax transparency, the integrity of the financial sector and law enforcement efforts are also tackled in this programme.

Moreover, the course addresses financial investigations and how the AML/CFT framework helps in contributing to their effectiveness.

Students will also explore what entails a strong and robust AML/CFT legislative and regulatory framework as well as the need for strong national and international cooperation for an effective implementation of anti-money laundering, counteracting funding of terrorism and targeted financial sanctions (AML/CFT/TFS) legislative framework as well as the importance of adhering to a risk-based approach.