Online Anti Money Laundering/Counter Terrorist Finance Training module
The Association has commissioned and is hosting on its website an on line training module to meet the needs of money transfer companies which need to train employees, agents and agent employees in their anti-money laundering and counter terrorist finance responsibilities.
The on line training module is:
- 30 minutes in length
- Features 50 slides plus a voice over track
- Offers a 20 question test at the end to assess knowledge of the material
- Developed to meet the specific training needs of money transmitters
- Available over the internet (i.e. at any PC)
- Access managed through training licences (i.e. one employee = one training licence)
- Incorporates a training management suite (register all employees/agents who need to be trained and record when they took the test and their score)
- Accessible at www.ukmta.org
The on line training covers the following topics:
- What is money laundering and terrorist finance?
- Overview of anti money laundering and counter terrorist finance laws
- The EU Payments Regulation/the 2007 Money Laundering Regulations
- The ‘risk based approach’
- What is a suspicious transaction?
- AML/CTF – do’s and don’ts
Content is general in nature – i.e. to meet the basic training needs of all staff.
Fees:
- Full members of the Association - £25 per training licence (first two licences free)
- Associate members of the Association - £40 per training licence
- Corporate training members - £50 per training licence
- Individual training members - £50 per training licence