International Anti-Money Laundering Certification

In the post-pandemic era, new normal has emerged in learning. Certified Anti-Money Laundering Professional (CAMP) is a next-generation, tech-enabled International Anti Money Laundering Certification. There are many video learning sessions that focus on technology. It covers subjects like Crypto Currency, Application of Machine learning, etc. in its curriculum.

It is one of the best international certifications in the AML domain. In order to take the course globally, the team of Regtechtimes Academy entered into an agreement to offer the certification program to the global compliance officers.

Mode of Delivery

The course is designed to help the students to complete the sessions online. Please note that this is a recorded video training program and not the virtual classroom training. After completion of studying the videos, aspirants writethe final examination for International Anti Money Laundering Certification.

Regtechtimes Academy in association with Riskpro Learning offers the Certified Anti-Money Laundering Professional (CAMP) program to the international community. This program was conceptualized by Indiaforensic (A venture of CA Mayur Joshi) and is offered in a complete distance learning mode.

Overview of the International CAMP Program

In order to differentiate the Certified Anti Money Laundering Professionals from the various other certifications, we offer a bouquet of benefits and flexibilities to international AML professionals. Additionally, the course was started to address the provisions of the Prevention of Money Laundering Act.

This International Anti Money Laundering certification evolved with the changing global developments. Certified Anti-Money Laundering Professional is an interesting experience for compliance professionals. During the process of this course, anti-money laundering specialists develop acumen for financial crime prevention.

We have created the resources for the following countries

Qatar | Bahrain | Kuwait | UAE | Saudi Arabia| Oman

Moreover, the international edition of the Certified Anti-Money Laundering Professional program offers an exhaustive set of resources for the students. From video learning courses to practical assignments, it offers exhaustive content for the risk and compliance teams of financial institutions.

Syllabus of International Anti-Money Laundering Certification

The term “money laundering” originated from Mafia ownership of Laundromats in the United States. Gangsters were primarily earning huge sums in cash from extortion, prostitution, gambling, and bootleg liquor. Also, they needed to show a legitimate source for these monies. Moreover, the process of money laundering was used to disguise the origin of the source of funds.

There are three stages of money laundering.

• Placement - Where the money is placed in banks. At this stage, money laundering is relatively easy to detect. There are many techniques used at this stage. The use of multiple cash deposits each smaller than the minimum cash reporting requirement is called smurfing.
• Layering - where the money is routed through various different accounts. It is relatively very difficult to detect money laundering at this stage.
• Integration - where the money is finally transferred to the ultimate beneficiary owner

However, the term "Money Laundering" is different from "Anti Money Laundering (AML)".

CAMP Syllabus covers the basics of compliance and the course advances to explain the topics such as

• International Case Studies on various banks.
• Understanding of Risk-Based Money Laundering.
• Diving Deep into Politically Exposed Persons.
• Overview of International Laws.
• AML CFT regulations are laid down by the Financial Action Task Force.

Detailed Outline of CAMP

Please note that the detailed syllabus is provided in the course brochure. The brochure is available for download on request. During the process of completion of this course, professionals develop an understanding of the wide range of terms associated with financial crimes.

Certification in Anti Money Laundering is an endeavor to meet the growing demand for skilled resources in the banking industry. Additionally, data related to Money Laundering is very sensitive and it is not possible to outsource the data. Banks need to equip their staff with the tools to combat money laundering.

One of the tools in which banks invest heavily is AML software. But regulators also require the staff to be trained and educated on the Anti Money Laundering provisions. Hence there is a strict eligibility criterion for taking the AML certification exam. Only professionals with more than three years of experience are eligible to opt for the certification.

This course offers a theoretical and practical foundation for students to develop a best-practice approach to preventing money laundering. International Anti Money Laundering Certification is in demand as organizations increase their focus on risk prevention.

Waiver of Examination

The professionals having more than 8 years of experience in the field of compliance, finance and AML may consider the waiver of examination option. In the waiver of examination, you are given access to the courseware.

To get more information please feel free to write to us at [email protected]