Course Overview
The ICA Diploma in Anti Money Laundering is the
ICA’s flagship qualification and the industry-standard for MLROs and
professionals managing money laundering risk. This advanced level course will help you develop and implement best
practice AML initiatives and will boost your professional profile.
Course Content
Topics to be covered include:
- Anti money laundering (AML) and countering the financing of terrorism (CFT) in context
- Terrorist financing proliferation financing and sanctions
- Designing a comprehensive AML/CTF risk-based approach for a financial services business
- Risk-based customer due diligence (CDD), customer risk profiling and monitoring
- Governance and leadership
- Suspicious activity reports/ suspicious transaction reports and dealing with the authorities
This course is offered by International Compliance Association Commercial Services (ICA’s approved training provider).During the restrictions imposed by the Covid19 pandemic the ICA have made significant investments in technology and resources to create a new student experience – a blend of self-study, instructor-led virtual classrooms, dynamic discussions around live scenarios, topical reviews of industry events and bite-size videos. All designed to help you get the most out of the course, increase your chances of success and take away the practical knowledge you need to think differently and perform better in your role.
- 9 month course assessed by 3 written assignments (3,000 to 3,500 words)
- A mixture of guided online study and participation in live sessions:
- 2 x virtual classrooms – groups are limited to 36 students to maximise the study experience
- 1 x live, immersive learning scenario – a powerful experience putting you at the centre of a story, helping you bridge the gap between what you know and how you can apply that knowledge in your role
- 9 x monthly “in the spotlight” videos covering the latest industry developments
Proactive support throughout the course to help you stay on track.
It is recommended that you study 2-4 hours per week over the nine month period.
You can request a copy of the full syllabus here.
Next enrolment date: 10 January 2025
The full course timetable can be found here.
Course Benefits
This is the ICA’s flagship qualification and the industry-standard for MLROs and professionals managing money laundering risk. This advanced level course will help you develop and implement best practice AML initiatives and will boost your professional profile.
This course is suitable for:
- MLROs/MLPOs and their deputies
- Police and FIU/FCU staff
- Managers with responsibilities for internal AML controls
- Risk Managers
- Individuals who have completed the ICA Certificate in AML or ICA Advanced Certificate in AML (UK or International)
- Accountants
- Lawyers
- Company Secretaries
Assessment
You will be assessed by means of three 3,000-3,500 word assignments – two during and one at the end of the course.
ICA qualifications, where stated, are awarded in association with Alliance Manchester Business School, the University of Manchester.
Prerequisites
The content of the course requires you to possess:
• A sound educational background, e.g. degree or professional qualification in an appropriate discipline
or
• An ICA Advanced Certificate
or
• Three years relevant work experience
In order to study any ICA qualification you need to be a member of the ICA. If you are not currently a member of the ICA. Membership will be added to your basket during checkout of your online enrolment.
We have five different levels of individual membership. Whether you are just starting out in your career, already hold an ICA qualification or are an experienced practitioner, there is level appropriate for you and this will be activated at the same time as your course commences.
Next Steps
Whilst the GTA facilitates the training for ICA qualifications, you need to enrol online directly with the ICA. Scroll down when you reach this page and enter Guernsey when it asks ‘Where are you based?’ You can then follow the process to enroll.