Courses · Foundational Track

AML Foundations & Core Concepts

A practical starting point for AML/CFT and sanctions: clear objectives, key definitions, the ML/TF lifecycle, risk-based approach basics and what “good” looks like in real inspections.

Self-paced · Multiple short lessons · Includes quizzes & completion certificate

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What you will learn

This course gives you a solid grounding in how AML/CFT and sanctions frameworks are meant to work, using the same concepts and language that regulators, FIUs and MLROs expect from competent staff.

  • Why AML/CFT and sanctions matter for your institution and its regulators.
  • The ML/TF lifecycle (placement–layering–integration) and how it appears in real activity.
  • Core definitions used in laws, regulations and internal policies.
  • Programme pillars, governance and accountability between Board, MLRO and three lines.
  • Ethics, culture and individual liability – and what this means for day-to-day decisions.
  • Risk-based approach basics: threats, vulnerabilities, inherent vs residual risk.
  • Records, confidentiality, tipping-off and safe-harbour concepts.
  • Inspection readiness and what “good” looks like from a supervisor’s perspective.

How the course is structured

The content is organised into short, focused lessons that follow a logical sequence from orientation through to inspection readiness. Each lesson closes with a brief quiz so you can confirm understanding before moving on.

  • Orientation: how to use the course and what outcomes to expect.
  • Why AML/CFT matters: objectives, scope and stakeholders.
  • Key definitions and the ML/TF lifecycle.
  • Economic and social harms of ML/TF (with case vignette).
  • Programme pillars & accountability (Board–MLRO–three lines).
  • Ethics, culture and individual liability (case vignette).
  • Risk-based approach basics.
  • Records, confidentiality, tipping-off & safe-harbour.
  • Inspection readiness and documentation.

Is this course right for you?

  • You are new to AML/CFT or moving into a financial crime role.
  • You work in business, risk, audit or operations and need a solid AML baseline.
  • You want training that maps to how regulators and MLROs actually think.