AML 101: Essential Knowledge and Prevention Strategies

Money laundering is not just a regulatory issue — it represents a strategic, reputational, and operational risk for every organization.

This training provides a clear, structured, and practical understanding of how money laundering works, its impact on institutions, and how to build effective AML frameworks in practice.

Target Audience

✔ Senior Management requiring a strategic understanding of AML.
✔ Compliance and AML Professionals.
✔ Operational Staff involved in onboarding, monitoring, or reporting.
✔ Professionals entering the AML field.

Core Topics

Understanding Money Laundering

• Definition and Stages (Placement, Layering, Integration).

• Common Typologies and Real-world Schemes.

• Links to Organized Crime and Terrorist Financing.

Regulatory Framework

• FATF Standards and the EU AML Framework.

• The Role of Financial Intelligence Units (FIUs), Regulators, and Law Enforcement.

• Obligations of Subject Entities.

Customer Due Diligence (CDD / KYC)

• Identification and Verification of Clients and Ultimate Beneficial Owners (UBOs).

• Risk-Based Approach (RBA) and Client Risk Profiling.

• Enhanced Due Diligence (EDD): PEPs, High-Risk Jurisdictions, and Complex Structures.

Transaction Monitoring and Reporting

• Suspicious Activity Indicators and "Red Flags."

• Monitoring Systems and Scenario Building.

• Suspicious Activity/Transaction Reporting Obligations (SAR/STR).

Building an Effective AML Program

• Policies, Procedures, and Internal Controls.

• Governance and the Role of Senior Management.

• Training, Monitoring, and Independent Audit.

Case Studies

• Major European AML Failures and Lessons Learned.

• Practical Examples of Detection and Prevention.

Learning Outcome

Participants will gain a practical understanding of AML risks, regulatory expectations, and operational controls, enabling them to contribute effectively to their organization's AML framework.