Anti Money Laundering (AML CFT) and Virtual Currencies

Description

Do you know that Virtual Currencies (VCs) or Cryptocurrencies may be an attractive avenue for money launderers to hide their illegal funds and their sources?

Do you want to learn about the Methods of Cryptocurrency Money Laundering and Anti- Money Laundering measures to prevent such methods?

Do you want to learn different practical examples and scenarios related to cryptocurrency Money Laundering and related anti-money laundering AML control measures?

Do you want to learn about Virtual Currencies (VCs) or Digital Currencies, their Environment, the Risks Involved, and broader possible AML/CFT measures?

If the answer to the above questions is yes, then this course is for you.

Important:

This course is for educational and practical knowledge purposes only, and this course should not be taken as any opinion or fact on any specific matter or issue, now or later. Further, this course is not prepared for any specific country or jurisdiction or company or organization, or institution. This course is a broader and more general course for gaining knowledge and understanding of the topics covered. 

What Will You Learn In This Course?

This course is divided into different Modules, to explain to you practical concepts of Anti Money Laundering AML / Countering Financing of Terrorism CFT with reference to AML/CFT Guidelines and FATF Recommendations related to VCs.

In this course, you will learn about Virtual Currencies and Digital Currencies, Bitcoin, Blockchain Technology, its importance, and history, Metaverse, Non-Fungible Tokens (NFTs), and their characteristics, FIAT Currency, Decentralized and Centralized Environments, Money Laundering, and Terrorist Financing in VCs.

You will learn about different methods of Cryptocurrency Money Laundering with detailed examples/scenarios that are used by criminals to use or hide their dirty cryptocurrencies.  You will learn about money mules, local crypto dealers or stores, weak crypto exchanges, exploitation of crypto exchanges by criminals due to weak AML governance, etc. 

You will learn about the "common online banking frauds" committed by Digital Fraudsters such as Cryptocurrency Money Launderers, who exploit banks to launder money digitally by using the data from the dark web, cyberattacks, phishing attacks, etc.

You will learn about Anti Money Laundering (AML) measures, including the Risk-Based Approach (RBA), broader Due Diligence requirements, VCs wire transfers, new processes, and technologies, suspicious activities, monitoring, and record-keeping, documentation, case studies, etc.

Who Should Attend This Course:

• Professionals working in Financial Institutions, such as Banks, Cryptocurrency Exchanges, Investment Banks, Stock Markets, E-Commerce Companies, Payment Gateways, Money Exchange Companies, Money Exchange Companies, etc. 

• Businesses, Cryptocurrency Investors and Traders,

• Compliance Specialists,

• Anti-Financial Crime Specialists,

• Anti-Fraud professionals, Fraud Risk Managers, Fraud Investigators,

• Anti Money laundering (AML) / CFT Specialists,

• AML / KYC Compliance Consultants,

• Money Laundering Reporting Officers (MLROs),  Deputy Money laundering Reporting (DMLROs),

• Know Your Customer (KYC) Specialists or professionals,  

• Risk Analysts, Risk Managers, Compliance Risk Management (CRM) Professionals, 

• Risk Management Consultants,

• Internal Auditors or Internal Controls Professionals,

• Compliance students, CAMS students, and other Students willing to learn about this specialized topic,

• Others who want to gain knowledge about VCs, Digital Currencies, Cryptocurrencies, Examples, Scenarios, and related Anti-Money Laundering AML/CFT measures.

What You Will Get After Attending this Course:

• Practical Knowledge of this Specialized Domain

• Certificate of attending this Course

• Lifetime access to the course

• Additions to the course (when made)

TAKE THIS COURSE