AML & Counter-Terrorist Financing

Description

Course Overview

Financial crime rarely arrives with a warning sign attached. Can you recognise unusual activity, understand when customer information needs closer attention, and know how effective AML and CTF controls fit into everyday business?

The AML & Counter-Terrorist Financing course provides practical knowledge of the principles, processes and regulatory responsibilities involved in preventing money laundering and terrorist financing in the UK. It explores how illicit funds can enter legitimate systems and how organisations can use effective controls to identify, manage and respond to financial-crime risks.

From UK and international regulatory frameworks to KYC, Customer Due Diligence, suspicious activity reporting, risk assessment and transaction monitoring, the course connects compliance requirements with practical workplace situations. Case studies help learners move beyond terminology and consider how AML and CTF principles can be applied when circumstances are less straightforward.

Who is this course for?

This course is suitable for compliance professionals, financial services employees, risk teams, customer onboarding staff, KYC and CDD personnel, professional-services professionals and others whose roles involve financial transactions, regulatory requirements or financial-crime prevention.

Is This Course Suitable for Beginners?

Yes. The course introduces AML and CTF from the foundations and progressively develops understanding of regulatory frameworks, compliance programmes, customer due diligence, suspicious activity and risk management. No previous AML qualification is required.

Learning Outcomes

By completing this course, learners will be able to:

• Explain the principles of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) and distinguish between the two.
• Understand the economic, social and organisational impact of financial crime.
• Recognise key UK and international AML/CTF regulatory frameworks, standards and authorities.
• Understand the role of the Financial Action Task Force (FATF) and its recommendations within the international AML/CTF landscape.
• Identify core components of an effective AML/CTF compliance programme, including policies, controls, training and monitoring.
• Recognise common methods and stages of money laundering and understand how illicit funds may move through legitimate systems.
• Understand terrorist-financing typologies and why apparently legitimate sources of funds can create detection challenges.
• Apply KYC and Customer Due Diligence principles when assessing customers and business relationships.
• Recognise suspicious transactions, behavioural indicators and financial red flags that may require further investigation.
• Understand the purpose of Suspicious Activity Reports (SARs) and the importance of accurate and timely reporting.
• Apply risk-based thinking to AML and CTF risk assessment and management.
• Use practical case studies to connect AML/CTF principles with real-world compliance situations.

Why This Course / Why This Training Is Necessary

Financial crime can hide within legitimate transactions, businesses and customer relationships. Understanding AML and CTF responsibilities helps professionals recognise risks and respond appropriately.

The course explores key UK and international frameworks, KYC and Customer Due Diligence, suspicious activity, transaction monitoring and risk-based compliance.

It also uses practical case studies to connect regulatory requirements with everyday compliance decisions, helping learners recognise red flags, understand escalation and strengthen financial-crime awareness.

Requirements

No previous health and safety knowledge or experience is required.
● No formal qualifications or professional licence are needed.
● A basic understanding of English is recommended.
● Learners should have access to a computer, tablet, or smartphone with an internet connection.
● For workplace-specific tasks, follow your employer’s health and safety procedures and any additional training requirements.

Career Progression

The knowledge gained can be useful for professionals whose responsibilities involve financial crime prevention, compliance, KYC, Customer Due Diligence, risk management, suspicious activity, or regulatory requirements.

The knowledge gained can be useful for:

• AML compliance roles
  ● Financial crime prevention professionals
  ● KYC and Customer Due Diligence teams
  ● Risk and compliance professionals
  ● Customer onboarding personnel
  ● Professionals involved in suspicious activity reporting
  ● Financial services and regulated-sector employees
  ● Professional-services personnel with AML responsibilities

Certificate

Complete your training and celebrate your achievement with a Course Completion Certificate from All Skill Academy.

Your certificate provides a simple way to recognise your learning and show that you have completed the course.

 Frequently Asked Questions

What is an AML and Counter-Terrorist Financing course?

It is training designed to develop knowledge of how organisations identify, prevent, manage and report risks associated with money laundering and terrorist financing.

What does AML mean?

AML stands for Anti-Money Laundering. It refers to measures designed to prevent criminals from disguising or moving proceeds of crime through legitimate financial systems.

What does CTF mean?

CTF stands for Counter-Terrorist Financing. It concerns measures intended to detect and prevent the movement or collection of funds intended to support terrorist activity.

What is the difference between AML and CTF?

AML primarily addresses the movement and concealment of proceeds connected with criminal activity, while CTF focuses on preventing funds from supporting terrorism. Terrorist financing can involve funds from legitimate or illegitimate sources.

What UK laws are covered in AML training?

The course covers key UK legislation including the Proceeds of Crime Act 2002, Terrorism Act 2000, Money Laundering Regulations and Criminal Finances Act 2017, alongside relevant regulatory frameworks and international standards.

What is KYC in AML compliance?

Know Your Customer (KYC) involves establishing and verifying customer identity and understanding the nature of the customer relationship. It forms an important part of effective AML and CTF controls.

What is Customer Due Diligence?

Customer Due Diligence (CDD) involves obtaining and assessing relevant customer information as part of AML risk management. It connects customer identification with risk assessment and ongoing monitoring.

What is a Suspicious Activity Report (SAR)?

A SAR is a report concerning knowledge or suspicion of money laundering or terrorist financing. In the UK regulated sector, SARs are submitted to the UK Financial Intelligence Unit within the National Crime Agency.

Who should take AML and CTF training?

It can be relevant to employees and professionals whose work involves compliance, financial transactions, customer onboarding, KYC/CDD, risk management, financial crime prevention or other AML-related responsibilities.

 Is AML training required in the UK?

Requirements depend on the organisation, sector, role and applicable legislation. Relevant UK AML rules can impose requirements around policies, procedures, training and financial-crime controls, so organisations should consider the requirements applicable to their specific activities.

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