Introduction

In the modern financial landscape, the threat of money laundering has escalated, becoming a critical concern for regulatory bodies, financial institutions, and governments globally. Training Course on Money Laundering Detection & Prevention is tailored to equip professionals with the latest tools, strategies, and compliance techniques required to identify, investigate, and mitigate money laundering activities. With the rise in financial crimes, understanding anti-money laundering (AML) frameworks, regulatory obligations, and risk-based approaches has never been more essential.

This course combines real-world case studies, interactive training modules, and industry best practices to prepare participants to tackle evolving money laundering schemes effectively. Participants will gain in-depth knowledge of AML compliance, transaction monitoring, customer due diligence (CDD), suspicious activity reporting (SAR), and more. The program is designed to serve professionals across multiple industries who are committed to financial integrity, regulatory compliance, and corporate transparency.

Programme Curriculum

Money Laundering Detection and Prevention Training Course

Introduction

In the modern financial landscape, the threat of money laundering has escalated, becoming a critical concern for regulatory bodies, financial institutions, and governments globally. Money Laundering Detection and Prevention Training Course is tailored to equip professionals with the latest tools, strategies, and compliance techniques required to identify, investigate, and mitigate money laundering activities. With the rise in financial crimes, understanding anti-money laundering (AML) frameworks, regulatory obligations, and risk-based approaches has never been more essential.

Course Objectives

Understand global anti-money laundering regulations and legal frameworks.
Learn how to conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD).
Detect and analyze suspicious transactions using AI-driven monitoring systems.
Apply a risk-based approach to AML compliance.
Build effective Know Your Customer (KYC) processes.
Develop skills for suspicious activity reporting (SAR) and escalation.
Navigate crypto asset regulations and risks in money laundering.
Prevent trade-based money laundering through supply chain transparency.
Integrate fintech and regtech solutions in AML strategies.
Conduct internal AML audits and ensure institutional compliance.
Explore the role of FATF and international AML bodies.
Combat terrorist financing through improved financial intelligence.
Improve cross-border transaction scrutiny and sanctions compliance.

Target Audience

Compliance Officers
Risk Management Professionals
Bankers and Financial Analysts
Government and Regulatory Officials
Legal Advisors and Consultants
Auditors and Internal Control Staff
Cryptocurrency and Fintech Experts
Law Enforcement and Intelligence Officers

Course Duration: 10 days

Course Modules

Module 1: Introduction to Money Laundering

Definition and history of money laundering
Stages of money laundering: Placement, Layering, Integration
Impact on global economies and financial systems
Key terminology and concepts in AML
Overview of international efforts and organizations (e.g., FATF, UNODC)
Case Study: The BCCI Money Laundering Scandal

Module 2: AML Legal & Regulatory Frameworks

Overview of AML laws (Bank Secrecy Act, PATRIOT Act)
Role of regulatory bodies (FATF, FinCEN, EU AMLD)
Compliance with local vs. global AML standards
Penalties for non-compliance
Key legislative updates and trends
Case Study: HSBC and AML violations in the US

Module 3: Know Your Customer (KYC) & CDD

KYC verification procedures
Customer risk profiling
Ongoing CDD vs. Enhanced Due Diligence (EDD)
Identity verification technologies
Challenges in onboarding high-risk clients
Case Study: Wirecard and lack of due diligence

Module 4: Risk-Based AML Compliance Programs

Risk assessment methodologies
Designing risk-based control measures
Evaluating customer, geographic, and product risks
Integration with enterprise risk management (ERM)
Monitoring and improving AML risk strategies
Case Study: Danske Bank’s AML risk failures

Module 5: Suspicious Activity Detection & Reporting

Identifying red flags in transactions
Creating effective SARs
Automation vs. manual monitoring
Reporting procedures and thresholds
Communication with Financial Intelligence Units (FIUs)
Case Study: FinCEN Files investigation

Module 6: AML and Cryptocurrency

AML risks in digital assets
Regulatory requirements for crypto exchanges
Travel Rule and VASPs
AML tools for blockchain analysis
Global trends in crypto compliance
Case Study: BitMEX and crypto laundering charges

Module 7: AML in Banking and Finance

Sector-specific AML challenges
Internal controls for banks and financial institutions
Transaction monitoring systems (TMS)
AML compliance for correspondent banking
Outsourcing AML functions
Case Study: ING’s AML program failures

Module 8: AML in Fintech and Regtech

AML challenges in fintech startups
Regtech solutions for compliance automation
Machine learning in transaction analysis
Digital identity and e-KYC
Integrating AML tools in digital banking
Case Study: Revolut and digital compliance gaps

Module 9: Trade-Based Money Laundering (TBML)

Definition and mechanics of TBML
Mis-invoicing and shell companies
TBML red flags and typologies
Role of customs and international trade authorities
Strategies to detect and prevent TBML
Case Study: TBML in diamond trade

Module 10: Combating Terrorist Financing

How terrorist financing differs from money laundering
Typologies and red flags
Sources and channels of terrorist funding
Tools for detecting financing of terrorism (CFT)
Government and NGO partnerships
Case Study: 9/11 funding investigation

Module 11: AML Audits and Internal Investigations

Scope and types of AML audits
Creating AML audit checklists
Gathering audit evidence
Reporting and remediation planning
Regulatory expectations from audits
Case Study: Deutsche Bank internal AML audit lapses

Module 12: Cross-Border Transactions & Sanctions Compliance

Risks in international money transfers
OFAC, EU, and UN sanctions frameworks
Sanctions screening software
High-risk jurisdictions and correspondent banking
Avoiding sanctions circumvention
Case Study: BNP Paribas and sanctions violations

Module 13: AML Training & Institutional Culture

Building a culture of compliance
Continuous AML training programs
Employee screening and accountability
Communication of AML policies
Measuring effectiveness of training
Case Study: Wells Fargo and internal AML awareness failures

Module 14: Emerging Technologies in AML

AI and machine learning for AML
Blockchain and smart contracts for transparency
Biometric ID in onboarding
Data analytics for risk detection
Regtech integration challenges
Case Study: AI-enhanced monitoring in CitiGroup

Module 15: Final Capstone Case Analysis & Certification

Applying learned concepts to complex scenarios
Group discussions on case investigations
Creating a mock AML compliance plan
Simulation: SAR reporting and regulatory audit
Final assessment and certification criteria
Case Study: Global AML compliance simulation (multi-jurisdictional)

Training Methodology

Interactive lectures led by industry experts
Real-life case study analysis to bridge theory and practice
Hands-on simulations and role-plays for enhanced learning
Group discussions and breakout rooms for peer collaboration
Access to online AML toolkits, checklists, and templates
Continuous assessments, feedback sessions, and certification exam

Register as a group from 3 participants for a Discount

Send us an email: info@fineskilltrainingcenter.org or call +254769199797

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to Fineskill Training Center account, as indicated in the invoice so as to enable us prepare better for you.

Skills & Software Covered

Financial Crime Investigation AML Risk Assessment Compliance Law Enforcement

Programme Fee

Duration: 10 Days

Method: Online or Physical

Online Price: $2,000

Physical Price: $3,000

Certification: Accredited Certificate

View Available Dates 📄 Download Course Outline (PDF)

Available Sessions

Location

Month

Year

Oct 19 2026

19 Oct — 30 Oct 2026

💻 Online / Virtual session

Online $2,000