
PROFESSIONAL QUALIFICATIONS IN ANTI-MONEY LAUNDERING/COUNTER FINANCING OF TERRORISM (AML/CFT)
A. Certification in AML/CFT
There are five compulsory modules in this qualification, covering the following topics:
Module 1: Understanding Money Laundering and Terrorist Financing |
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Module 2: The Malaysian AML/CFT Regulatory Framework |
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Module 3: Customer Due Diligence (CDD), Risk Profiling and Detection Methodologies |
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Module 4: Recognition, Handling and Reporting Transactions and Dealing with Authorities |
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Module 5: AML/CFT Typologies Across Industry Sectors |
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B. Advanced Certification in AML/CFT
This is a single-module qualification comprising of 14 units of study that cover the following topics:
Unit 1: International Anti-Money Laundering/Counter-Terrorist Financing Strategies Unit 2: The Malaysian AML/CFT Regulatory Framework Unit 3: Money Laundering and Terrorist Financing – Definitions and Nature Unit 4: The Risk-based Approach to AML/CFT Unit 5: The Duties and Responsibilities of the Money Laundering Reporting Officer (MLRO)/Compliance Officer (AML/CFT) Unit 6: Recognition, Handling and Reporting Suspicious Transactions Unit 7: Post-reporting Considerations Unit 8: Designing a Comprehensive Anti-Money Laundering Framework for a Financial Services Business Unit 9: Dealing with the Authorities Unit 10: Customer Due Diligence (CDD) and Risk Profiling Unit 11: Financial Intelligence, Investigation and Enforcement Unit 12: Engendering an Effective Compliance Culture and Maintaining a High Level of Awareness Unit 13: Anti-Money Laundering Typologies Across Industry Sectors Unit 14: AML/CFT Capital Markets |
C. Certified Professional in Financial Crime Compliance
This is a four-module qualification that covers the following topics. Candidates are required to attend a face-to-face interview assessment with senior assessors from ICA upon successful completion of the eight masterclasses. The interview will take approximately three hours.
Module 1 |
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Masterclass 1A: Current and Emerging Regulatory ‘Hot Topics’ Masterclass 1B: Using Corporate Governance Compliance for the Benefit of the Firm |
Module 2 |
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Masterclass 2A: AML/FCC in the Context of Organised Crime and Corruption Masterclass 2B: Sanctions: Perspective from the Regulator |
Module 3 |
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Masterclass 3A: Strategic Risk Management for Leaders Masterclass 3B: Development in Financial Crime |
Module 4 |
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Masterclass 4A: Cyber Security and Payment Services Masterclass 4B: The Effective Use of Information Technology in AML/FCC |