7 Best + Free Anti-Money Laundering Courses & Classes [2021 JANUARY]

Best Anti-Money Laundering course tutorial class certification training online

If you’re working in any financial institution or insurance company, you might be familiar with money laundering fraud – a criminal business used to disguise the correct origin and ownership of illegal cash. Such frauds keep happening in any financial firm or insurance company. Thus, there is a need for financial professionals who are expert in anti-money laundering practices. If you also want to train yourself with anti-money laundering practices, we are here to help you. After thorough research, we have collected a list of some of the Best Anti-Money Laundering Courses, Tutorials, Classes, Training Programs, Specializations, and Certification programs available online for 2021. It comprises all the courses that provide useful knowledge related to money laundering. After finishing these programs, you will have a strong understanding of anti-money laundering techniques. Do have a look at our take on Finance Courses.

7 Best + Free Anti-Money Laundering Courses & Classes [2021 JANUARY]

1. Online Anti-Money Laundering Training (WebCE)

WebCE is a professional e-learning platform that offers a variety of courses for individuals involved in the financial and insurance profession. This anti-money laundering training program will help you learn about the process of money laundering and the laws that make it a crime, along with the course catalog that includes interactive and traditional self-study courses. It is ideally designed for banking, insurance, financial planning, securities, gaming sectors, and other financial institutions. Once you complete the training, you’ll have up-to-date industry information available and taken for in-house compliance training, along with adding insurance CE, CFP CE, and firm element credit.

 

Key USPs – 

– A practical program that will help you get familiarize with the Online tracking reports, Electronic ordering instructions & reminder emails, and Bulk order discounts.

– Get an understanding of a variety of billing options, bulk order discounts, online tracking reports, and custom AML training & course authoring.

– Learn from the Case Studies, Customer Identification Programs, recognizing Red Flags, and understand the Rules for Insurance Producers and Employees.

– Know about working with Natural Clients along with Non-Natural or Institutional Customers and learn more about anti-money laundering for the Insurance Industry.

 

Duration: Self-paced

Rating: 4.5 out of 5

You can Sign up Here

 

2. Anti-Money Laundering E-Learning Courses (FINRA)

FINRA provides you with a list of multiple courses and tutorials on Anti-Money Laundering designed by the best instructors worldwide. All these courses are intended for financial professionals to offer Anti-Money Laundry Training. Taking these courses will help you understand the concepts and strategies for detecting and avoiding money-laundering activity and much more. You can even enroll in course bundle programs that consist of multiple classes and tutorials to expand e-learning. Each course has numerous bundles that cover detailed topics and concepts for a better understanding of the professional. Finishing these curriculums will improve your overall knowledge of anti-money laundering techniques.

 

Key USPs – 

– Get a practical list of courses that consist of training, tutorials, and multiple course bundle that assist you in mastering the concepts of Anti-money Laundering.

– Learn about the detailed procedure for utilizing concepts to deal with compliance obligations and more critical issues.

– Choose from the independent course, institutional course, operations, retail courses, or more covering the different aspects related to money laundering in various fields.

– Get access to multiple graded assignments, high-quality videos, quizzes, discussion forums, and more to test your knowledge of the concepts learned in different Anti-Money Laundering training courses.

 

Duration: Self-paced

Rating: 4.5 out of 5

You can Sign up Here

 

3. Anti-Money Laundering (AML) Training (LIMRA)

LIMRA offers a list of multiple courses and tutorials on Anti-Money Laundering (AML) training explicitly designed to meet industry training requirements. All these courses allow producers to finish the core training at once, and documentation is sent to every carrier they represent. Through these courses, LIMRA creates a refresher course that focuses on a specific topic in the initial AML training course. You can enroll yourself in a program that offers insurance & securities producers training and deter & detect money laundering in terrorist finance activities. Each course has its specialty and serves different training purposes to deal with money laundering cases in various situations.

 

Key USPs – 

– Learn about money laundering & terrorist financing and know why it is crucial to have related information about it.

– Gain knowledge of record-keeping, client identification, activity monitoring, reporting requirements and learn to track reports.

– Get daily tracking reports of the course learning to satisfy your monitoring requirements and analyze your performance.

– Learn how to distinguish and deter money laundering and terrorist financing, that even comprise “red flags” and examples.

– Get training for insurance and securities producers along with focusing on the specific topic in the starting training course.

 

Duration: Self-paced

Rating: 4.5 out of 5

You can Sign up Here

 

4. Anti Money Laundering & Countering of Terrorist Financing (Udemy)

This course is for people who have a basic understanding of business, banking, and financial subjects and aspire for a Career in the Compliance related field in the Financial Industry Globally. This program will guide you through numerous stages of Money Laundering and how criminal organizations deter & convert their illegal money into clean money to prevent detection from regulatory bodies. The course is prepared by Mr. Sachin Rao, associated with Complyfin DWC LLC, an established group of subject matter experts & management. Once you finish the course with the final exam, you will also get a completion certificate to share it with employers and your LinkedIn profile. Check out our curation of Best Corporate Finance Courses.

 

Key USPs – 

– Know about various stages of Money Laundering and Countering Financing of Terrorism along with identifying key differences between the flow of Money Laundering and Terrorist Financing methods.

– Gain knowledge of protecting yourself and your organization from Money Laundering & Terrorist.

– Learn to identify and write suspicious activity and transaction reports while identifying suspicious activities of clients and report proactively to help regulatory bodies.

– Learn to manage Regulatory Expectations proactively and secure your profession, your organization & businesses from the Risk of Money Laundering & Terrorist Financing abuse.

 

Duration: 31 minutes

Rating: 4.2 out of 5

You can Sign up Here

 

Review: The overall course structure was good and covered the basic concepts of AML. – Jolanta Stutane.

 

5. Anti-Money Laundering Concepts: AML, KYC, and Compliance (Udemy)

It is amongst one of the best and practical courses on Anti-Money Laundering available online. Created by GenMan Solutions, this course is designed to give you complete knowledge about Money Laundering and Terrorist Financing Laws, Politically Exposed Persons, and Economic Sanctions. Enrolling in this curriculum will provide you with a comprehensive theory that captures all relevant concepts required for an organization’s training employees. During the session, you will get situation based practice scenarios & exercises and lifetime access to all the course lectures. This course is for working specialists who are looking to understand the Anti-Money Laundering (AML) policies.

 

Key USPs – 

– A comprehensive course on what is Money Laundering, the process & Impact of Money Laundering, Terrorist Financing, and understanding the difference between Money Laundering versus Terrorist Financing.

– Gain knowledge about Anti-Money Laundering (AML) Policies, AML KYC Procedures, AML Economic Sanctions, and what are Politically Exposed Persons.

– Learn the tactics to keep up with the current scenario and implement the same in real-life situations.

– Comes with a money-back guarantee if you don’t like the course content, and have full access to the content for a lifetime.

 

Duration: 1 Hour

Rating: 4.2 out of 5

You can Sign up Here

 

Review: It was nice taking this course, I have acquired more knowledge about money laundering, and I love the way videos and quiz has been set. -Pillwax Bulambo.

 

6. Certified Anti-Money Laundering Specialist (ACAMS)

This online training course is designed to help you outline the fundamental principles of money laundering and prevent it. Taking up this course will help you recognize the gold standard in AML certifications by institutions, governments, and regulators globally. The program is also available based on an application submitted that outlines three qualifications of having 40 ACAMS credits to apply. After finishing the course, you will be eligible to apply for certification and earn credits by choosing self-study or enhanced learning paths. CAMS package, you will get the Study Guide and the test, and for a more structured learning experience, you can even select a Virtual Classroom Package or try out a CAMS Live Prep Course.

 

Key USPs – 

– Get introduced to Anti-Money Laundering concepts, such as what is Anti-Money Laundering, its principles, and meet the mandated AML training requirements.

– Learn how to drive a culture of compliance from the top-down and demonstrate a commitment to a standardized risk-based approach.

– Know about the key principles of money laundering and how to avoid it, and finishing the course in 3 months can certify teams & individuals in Anti-Money Laundering Specialists.

– Get access to easily consumable segments of the study guide with practice questions to test your knowledge.

 

Duration: Self-paced

Rating: 4.4 out of 5

You can Sign up Here

 

7. Anti-Money Laundering Training Overview (RegEd)

RegEd is known for offering Anti-Money Laundering (AML) training that makes aware of the insurance producers and brokers regarding anti-money laundering (AML) responsibilities. This program empowers makers to satisfy AML training prerequisites and afterward share those outcomes with every participating carriers. The course offers training to insurance and securities professionals to intuitive, powerful reporting, enabling administrators to monitor requirements and completion status and allow producers to satisfy AML training requirements. When AML courses are finished, the system consequently advises carriers of the fulfillments utilizing data trades, bringing about decreased producer personal time. At the end of carrier-specific training courses, RegEd will notify the affiliated carriers and distributors about it. Don’t forget to check our list of Best Personal Finance Courses.

 

Key USPs – 

– Learn identifying suspicious customer behavior and transactions along with procedures to report suspicious activities.

– Get training to securities and insurance experts over the association and learn about the automatic, ground-breaking revealing, empowering managers to screen necessities and completion status.

– Get your hand-on a smoothed out client experience that empowers makers to fulfill AML preparing necessities with minimal interruption.

– Get computerized update messages to makers to assist them with remaining on target with preparing necessities.

 

Duration: Self-paced

Rating: 4.4 out of 5

You can Sign up Here

 

 

The above list of courses offers a complete learning experience for all individuals interested in learning anti-money laundering techniques and practices. Besides, it includes free and paid courses to help you choose a course as per your requirements.