ICA courses

Ensuring effective customer due diligence is vital in managing the risk of all forms of financial crime. However, this presents increasing challenges, particularly when dealing with customers remotely.

Transaction monitoring is a key area of importance in managing financial crime risk. Through this workshop, learners will get a fundamental understanding of the topic and its vital role in the control framework.

Sanctions and sanctions compliance presents unique challenges and risks to a business. Requirements are continually changing in response to changing geopolitical events. Therefore, developing an up-to-date, foundational understanding of the threat, together with current best practice, can help you ensure that you or your firm complies with international requirements.

All forms of financial crime are rapidly increasing in the current global environment - the supply of counterfeit medical supplies and cybercrime that targets those who are vulnerable, to name just two high-profile examples.

An intermediate level course designed both for those in an AML role and those looking to embark on a new career in AML. You will gain actionable, practical knowledge to excel in your role. This course is awarded in association with Alliance Manchester Business School, the University of Manchester. UK Finance members can get a 5% discount on all ICA courses - USE DISCOUNT CODE: UKFIN5 at checkout.  Learning Outcomes

On 6th March 2020, the FATF published official guidance recognising the need for CDD teams to acknowledge the requirement that organisations may need to onboard customers virtually. It has therefore never been more important to have robust controls and procedures in place to Know Your Customer (KYC). Adequate due diligence on new and existing customers is a key part of these controls. Without this due diligence, your firm can become subject to reputational, operational, legal and financial risks.