In the past, money launderers typically targeted banks to launder their illicit funds, utilising traditional banking products such as wire transfers, cash deposits, cheques and other negotiable instruments to move their funds around and disguise the proceeds of crime. However, the global and highly liquid nature of the capital markets have made traded products an attractive means for the organised criminal to launder funds and disguise the audit trail.

The ICA Specialist Certificate in Money Laundering Risk in Capital Markets is designed to address key Anti Money Laundering (AML) and Counter Terrorist Financing (CTF) concepts, and the practical issues encountered within the capital markets environment.

Who is the course suitable for?

The course is suitable for anyone who has a professional or personal interest in broadening their knowledge by studying the money laundering risks inherent in the capital markets environment. This will include:

  • Senior practitioners who are keen to enhance their existing expertise by learning about another distinct sphere
  • Senior managers within the capital markets environment who wish to certify their knowledge
  • Operational staff, working specifically within the capital markets environment, who need to understand the inherent risks they face
  • Regulators or Consultants working within the capital markets space
  • MLROs, Compliance Managers, Risk Managers, CDD Managers
  • Anyone with an interest in the subject matter

 

What will you learn?

When you undertake the course, in addition to the essential concepts of AML and CTF, you will cover the following areas:

  • The key capital market frameworks and concepts
  • Primary, secondary and wholesale markets
  • Bond and stock markets
  • Money and derivative markets
  • Delivery channels
  • Money laundering characteristics
  • Identifying suspicious activity
  • Additional vulnerabilities – financial crime
  • Identifying solutions and controls to mitigate risk

 

Entry requirements

The qualification is specifically designed to be detailed yet accessible. Prior subject matter knowledge will be useful, but is not essential.

The AML focussed Specialist Certificate series from ICA all commence with a brief introductory unit, designed to introduce AML key concepts to those students who are less familiar with the broader context. From there, the more in-depth issues are examined.

However, to get the most from the course, a good basic standard of English (particularly reading) is required.

How and where can you study?

The course is fully online so can be studied at any time, wherever you are in the world.

How will you be assessed?

At the end of the online course you will take a one hour multiple choice exam of 15 short-form questions. The pass mark is 70%.

You are not permitted to access any material (off or online) throughout the duration of the exam so although you will not be supervised, you will be required to confirm your understanding of and agreement to this prior to taking the exam.

Does this count towards ICA CPD?

Specialist Certificate courses count as 15 hours of ICA CPD credit.

Can this course be taught in-house?

If you have a training requirement for more than ten employees, why not contact us to discuss delivering the training in-house at your firm? It’s the ideal way to maximise your budget, minimise disruption and tailor content to your specific needs. In-house training from ICT is available all over the world. They’ve worked with hundreds of clients and can do the same for you. Call the dedicated in-house training team on +44(0) 121 362 7678 to discuss your training needs.

What does it cost?

In order to study any ICA qualification you need to be a member of the ICA, joining an international professional community of thousands of like-minded individuals.  The fee for ICA Affiliate Membership is £30 payable to ICA* and includes your assessment and access to invaluable knowledge resources that will help with your course as well as many other member benefits and services (view the list of membership services and benefits that you’ll receive here http://www.int-comp.org/membership/member-benefits/ ). Become an Affiliate Member http://www.int-comp.org/become-a-member

The course fee is £595 + VAT payable to ICT (ICA’s training provider).

Enrol online now http://www.int-comp.org/qualifications/enrol-online/

*unless you are a member of the ICA already.
These fees include a printable certificate once you have completed the course.