Aml Masterclass: Global Compliance Essentials

Master AML compliance with real-world case studies, global regulations, and cutting-edge RegTech tools

What you'll learn

Explain the three stages of money laundering and identify key red flags in financial transactions

Apply the FATF risk-based approach to assess AML compliance across global jurisdictions

Design and implement customer due diligence and KYC workflows for high-risk customers

Build effective transaction monitoring rules, investigate alerts, and prepare accurate SAR filings

Requirements

Basic knowledge of financial services or banking operations, familiarity with compliance principles, and access to a computer with internet.

Description

Welcome to the AML Masterclass, your definitive and practical guide to anti-money laundering compliance and risk management. In this hands-on course, you will gain in-depth knowledge of global AML regulations, customer due diligence, transaction monitoring, and emerging RegTech solutions.We begin with a comprehensive introduction that sets the stage for your learning journey. You’ll discover why AML controls are critical to protecting financial institutions and societies from organized crime, terrorist financing, and reputational risk. We outline a clear roadmap through seven chapters, explain how to leverage quizzes, case studies, and mini-projects to reinforce your skills, and show you how to measure your progress using risk-based thinking.In Chapter 2, you will explore the foundations of money laundering, including the classic placement, layering, and integration model, and learn to differentiate money laundering from terrorist financing. You’ll examine the global economic and social impact of illicit finance and master essential AML terminology—KYC, CDD, SAR/STR, PEP, and more.Chapter 3 immerses you in the legal and regulatory environment. You will unpack FATF and its 40 Recommendations, track EU AML Directives and post-Brexit UK regulations, and analyze U.S. BSA/Patriot Act requirements. You’ll also learn best practices for sanctions compliance, understand enforcement trends, and preview upcoming reforms such as the EU AML Authority and the Corporate Transparency Act.In Chapter 4, you will design robust customer due diligence programs. You’ll break down onboarding workflows, apply risk scoring methodologies, perform enhanced due diligence for high-risk clients, and investigate ultimate beneficial ownership. You will also learn how to screen for Politically Exposed Persons, analyze adverse media, and implement periodic reviews.Chapter 5 delves into transaction monitoring and reporting. You will identify red-flag indicators across products, develop and tune monitoring rule sets to reduce false positives, and follow a structured investigations workflow. You will practice writing complete Suspicious Activity Reports (SARs) and learn to navigate cross-border correspondence and nested accounts under Wolfsberg principles.Chapter 6 covers emerging trends and technology. You will assess how FinTech, cryptocurrencies, and virtual asset service providers introduce new risk vectors. You will evaluate leading RegTech platforms, explore the use of AI and machine learning in AML detection, and balance data privacy under GDPR with compliance obligations. We also debate de-risking versus financial inclusion and map out career paths and certification roadmaps.By the end of this course, you will be fully equipped to add value to compliance teams, elevate your professional profile, and stay current with industry best practices. Please note: this course is not an official exam prep course, nor is it affiliated with any regulatory body or certification vendor. It does not constitute legal advice and is based on publicly available information. For formal legal guidance, consult qualified counsel.

Overview

Section 1: Introduction

Lecture 1 Lesson 1.1 Hello & Course Orientation

Section 2: AML Foundations

Lecture 2 Lesson 2.1 Understanding Money Laundering

Lecture 3 Lesson 2.2 Terrorist Financing & Illicit Networks

Lecture 4 Lesson 2.3 Global Economic & Social Impact

Lecture 5 Lesson 2.4 Key AML Terminology Cheat-Sheet

Lecture 6 Lesson 2.5 The Compliance Function’s Role

Lecture 7 Lesson 2.6 Introduction to the Risk-Based Approach

Lecture 8 Lesson 2.7 Case Study The Cost of Getting AML Wrong

Section 3: Legal & Regulatory Frameworks

Lecture 9 Lesson 3.1 FATF & the 40 Recommendations

Lecture 10 Lesson 3.2 EU AML Directives & UK Regulations

Lecture 11 Lesson 3.3 The U.S. Bank Secrecy Act & USA PATRIOT Act

Lecture 12 Lesson 3.4 Sanctions Compliance & OFAC

Lecture 13 Lesson 3.5 Enforcement, Penalties & Personal Liability

Lecture 14 Lesson 3.6 Cross-Border Cooperation & Information Sharing

Lecture 15 Lesson 3.7 Regulatory Trends & Upcoming Reforms

Section 4: Customer Due Diligence & KYC

Lecture 16 Lesson 4.1 Onboarding Workflow & Documentary Requirements

Lecture 17 Lesson 4.3 Enhanced Due Diligence for High-Risk Customers"

Lecture 18 Lesson 4.4 Ultimate Beneficial Ownership & Control

Lecture 19 Lesson 4.5 Politically Exposed Persons (PEPs) & Adverse Media

Lecture 20 Lesson 4.6 Ongoing Monitoring & Periodic Review Cadence

Section 5: Transaction Monitoring & Reporting

Lecture 21 Lesson 5.1 Red Flag Indicators Across Products

Lecture 22 Lesson 5.2 Designing an Effective Monitoring Rule Set

Lecture 23 Lesson 5.3 Investigations Workflow & Alert Dispositioning

Lecture 24 Lesson 5.4 Suspicious Activity Transaction Reports (SAR STR)

Lecture 25 Lesson 5.5 Managing Cross-Border & Correspondent Banking Risks

Lecture 26 Lesson 5.6 Case Workshop Building a Robust SAR Narrative

Section 6: Emerging Trends & Technology

Lecture 27 Lesson 6.1 FinTech Disruption & New Risk Vectors

Lecture 28 Lesson 6.2 Cryptocurrencies & Virtual Asset Service Providers

Lecture 29 Lesson 6.3 RegTech Solutions & Vendor Landscape

Lecture 30 Lesson 6.4 Artificial Intelligence & Machine Learning in AML

Lecture 31 Lesson 6.5 Data Privacy, GDPR & Secure Data Sharing

Lecture 32 Lesson 6.6 De-Risking vs Financial Inclusion

Lecture 33 Lesson 6.7 Career Paths & Certification Roadmap

Section 7: Wrap-Up

Lecture 34 Lesson 7.1 Summary & Congratulations

Compliance officers, risk managers, financial analysts, or professionals seeking to build expertise in AML controls across banking, fintech, and regulatory environments.