Certification in Anti Money Laundering and Counter Financing of Terrorism (Malaysia)
This certification is designed for those who wish to possess an understanding of the complexities surrounding AML and CFT today.
Course details
- Develop a practical understanding of anti money laundering principles
- Equip yourself with all of the knowledge you will require to begin or further a career in anti money laundering
- Learn how to manage the risks of money laundering, terrorist financing and sanctions
- Gain an understanding of international initiatives to counter money laundering and terrorist financing
- Identify the different money laundering typologies associated with different sectors, such as money services business and insurance
- Virtual classrooms are available at times friendly to Asia-Pacific
- HRDC funding available for courses below through our partner Asian Institute of Chartered Bankers (AICB).
Become an ICA member
When you enrol onto this course you will join an international
community of over 30,000 members. Benefits include:
- Access to the uniquely personalised ICA Learning Hub
- Weekly webinars covering the latest industry
developments - Discounts on ICA events and further ICA courses
The fee for ICA membership will be added separately to your basket when you enrol online for this course.
What will I learn?
- What is the money laundering and terrorist risk that must be managed?
- The international bodies and standard setters
- National (Malaysia) legal and regulatory framework
- Taking an anti money laundering risk-based approach and managing the risk
- Initial and ongoing customer due diligence (CDD)
- Monitoring activity and transactions
- Recognising and reporting suspicious activities
- The vulnerability of specific products and services
Course format
The four-month programme consists of the following:
- A mixture of guided online study and participation in live sessions:
- 3 x 3-hour virtual classrooms
- 1 x 3-hour immersive learning scenario (putting you at the centre of a story) and tutorial
- 1 x 1-hour assessment and tutorial
- Videos covering each of the units and the latest industry developments
- Access to the ICA members’ portal containing additional reading and resources
- Proactive support throughout the course to help you stay on track
- This course is assessed through:
- A timed, online scenario-based assessment, and
- 2,000–2,500 word assignment
Is this course right for me?
- New/recently appointed MLROs and deputies
- New/recently appointed financial crime and risk officers
- Compliance officers
- Internal auditors assuming responsibilities for money laundering/financial crime issues
- All individuals engaged in financial services and who aspire to a career in anti money laundering
“This was indeed an excellent workshop with practical exercises and constructive information that I can use in both my work and personal life! Well done"
FAQs
View frequently asked questions below:
How often does this course run?
There are four intakes per year for this course: January, March, July and September.
What payment options are there?
If you are self-funding, can pay for the course in full by credit or debit card or pay in four interest-free instalments. If your employer is paying for the course you can select the invoice option when enrolling online.
Discounts for low GDP countries?
If you reside in one of the countries on this list you will receive a 15% discount on this course. The discount will automatically be added at checkout when you enrol.
Does the course fee include local tax?
Local tax if applicable will be added to your basket on check out.
Why do I need to be a member of ICA to do this course?
As a professional, awarding body ICA requires you to be an Associate member while you’re studying for your course (unless you are already a member). You will benefit from being part of a global, like-minded community and will receive access to additional resources, insight and learning to support your studies. Once you’ve completed your course, renewing your membership showcases your commitment to ongoing learning and continues to provide you with a range of benefits including digital badges to share on social media and discounts for ICA’s global events.
How will this course make me stand out from the crowd?
ICA qualifications are internationally recognised as evidence of high levels of competence in regulatory and financial crime compliance. The course is unique and designed to not only enhance your knowledge and skills but also develop your behaviours. You will gain technical, specialist knowledge but also vital critical thinking and interpersonal skills to help advance your career.
How much self-study time do I need to set aside?
We recommend that you allow for 2-4 hours study per week but plan to increase this around your times of assessment.
