Mastering Financial Compliance and Anti-Money Laundering
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Recommended experience
Recommended experience
What you'll learn
Interpret global AML regulations and apply a Risk-Based Approach (RBA) to organizational compliance.
Establish effective compliance governance by defining MLRO roles, accountability, and management oversight.
Conduct compliance gap analyses to identify control weaknesses and prioritize remediation.
Implement KYC/CDD processes, monitor transactions, and prepare defensible Suspicious Activity Reports (SARs).
Skills you'll gain
- Due Diligence
- Risk Management Framework
- Financial Regulations
- Risk Analysis
- Compliance Reporting
- Microsoft Copilot
- Law, Regulation, and Compliance
- Governance
- Financial Controls
- Auditing
- Compliance Management
- Regulatory Compliance
- Compliance Auditing
- Transaction Processing
- Bank Regulations
- Governance Risk Management and Compliance
- Regulatory Requirements
- Financial Regulation
- Risk Management
Tools you'll learn
Details to know
May 2026
4 assignments
See how employees at top companies are mastering in-demand skills
There are 4 modules in this course
Master the end-to-end lifecycle of financial compliance and anti-money laundering (AML) in a rapidly evolving regulatory environment. This course equips you to interpret global frameworks such as FATF recommendations, the Bank Secrecy Act (BSA), and EU AML directives, and apply them using a practical, risk-based approach (RBA).
You will learn how to design compliance programs that go beyond checklist execution—covering governance, gap analysis, KYC/CDD processes, transaction monitoring, and Suspicious Activity Report (SAR) preparation. The course also demonstrates how to use Generative AI tools like Microsoft Copilot and Google Gemini to streamline policy drafting, regulatory analysis, and risk assessment. Designed for compliance professionals, fintech teams, and finance practitioners, this course provides a structured, audit-ready framework to manage regulatory risk, improve operational efficiency, and strengthen financial crime detection across global business environments.
This module demystifies the complex web of global financial regulations, moving beyond rote memorization to practical application. It helps learners navigate the interplay between global standards (especially the FATF 40 Recommendations), US enforcement (BSA/Patriot Act), and EU AML Directives and AMLA, while establishing a practical Risk-Based Approach (RBA) and leveraging Generative AI to interpret changing legal requirements.
What's included
11 videos4 readings1 assignment1 peer review1 discussion prompt
11 videos•Total 77 minutes
- Intro Video to Course •4 minutes
- Module Introduction •3 minutes
- Comparing Global Standards: FATF Recommendations vs. Local Laws •8 minutes
- Analyzing the Extraterritorial Reach of US and EU Regulations •9 minutes
- Mapping Regulatory Obligations to Business Contexts with AI •8 minutes
- The Philosophy of the Risk-Based Approach (RBA) •6 minutes
- Building the Risk Scoring Matrix •9 minutes
- Scoring and Weighting Risks •9 minutes
- Leveraging AI for Regulatory Intelligence and Updates •6 minutes
- Summarizing Complex Directives and Regulations with AI •8 minutes
- Engineering Prompts for Accurate Legal Interpretation •8 minutes
4 readings•Total 20 minutes
- Welcome to the Course: Course Overview•5 minutes
- FATF 40 Recommendations •5 minutes
- EBA Guidelines on ML/TF risk factors •5 minutes
- Wolfsberg Group Principles for Auditing for Effectiveness •5 minutes
1 assignment•Total 20 minutes
- Navigating the Global Regulatory Landscape•20 minutes
1 peer review•Total 15 minutes
- Hands-On-Learning: Build a Risk Assessment Matrix•15 minutes
1 discussion prompt•Total 10 minutes
- From Regulation to Worklist: Your ‘Obligation Brief’ in the Real World•10 minutes
This module establishes the structural backbone of a compliance program. It covers securing management buy-in ("Tone at the Top"), conducting rigorous Gap Analyses to identify vulnerabilities, and leveraging AI to engineer audit-ready policies and procedures.
What's included
10 videos3 readings1 assignment1 peer review1 discussion prompt
10 videos•Total 80 minutes
- Module Introduction •2 minutes
- Articulating the ROI of Compliance to Secure Board Buy-In •9 minutes
- Defining Governance Structures and MLRO Independence •8 minutes
- Assessing Organizational Compliance Culture and Maturity •7 minutes
- Fundamentals of Audit Methodology: Design vs. Operating Effectiveness •9 minutes
- Setting Up a Compliance Gap Analysis Tracker •8 minutes
- Identifying Control Gaps in a Compliance Scenario •8 minutes
- High-Level Policies and Standard Operating Procedures (SOPs) •8 minutes
- AI-Assisted Policy Drafting •10 minutes
- Validating and Refining AI-Generated Compliance Documentation •11 minutes
3 readings•Total 15 minutes
- FATF GUIDANCE Money Laundering National Risk Assessment Guidance •5 minutes
- World Bank – “Preventing Money Laundering and Terrorist Financing: A Practical Guide for Supervisors” •5 minutes
- Digital Identity Guidelines - NIST SP 800-63-4 •5 minutes
1 assignment•Total 20 minutes
- Building the Foundation: Governance, Audit, and Policy•20 minutes
1 peer review•Total 15 minutes
- Hands-On-Learning: Conduct a Compliance Gap Assessment•15 minutes
1 discussion prompt•Total 10 minutes
- Policy vs. SOP: What Would You Rewrite First in Your Program?•10 minutes
This module moves from policy to implementation, focusing on the critical "Know Your Customer" (KYC) and Customer Due Diligence (CDD) processes. Learners will master modern digital onboarding, techniques to unmask Ultimate Beneficial Owners (UBOs) in complex structures, and strategies to manage sanctions screening alerts efficiently using AI.
What's included
10 videos3 readings1 assignment1 peer review1 discussion prompt
10 videos•Total 76 minutes
- Module Introduction •2 minutes
- Core Pillars of Customer Identification Programs (CIP) •6 minutes
- Designing a Compliant Customer Onboarding Workflow •11 minutes
- Digital Identity Verification •6 minutes
- Understanding Corporate Structures: Shell Companies and Ownership Layers •7 minutes
- UBO Investigation Techniques: Tracing Ownership via Public Registries •10 minutes
- Calculating Beneficial Ownership: Visualizing Control and Percentages •10 minutes
- Understanding Screening Algorithms: Exact vs. Fuzzy Matching •8 minutes
- Configuring Matching Thresholds to Balance Risk and Efficiency•8 minutes
- Adjudicating Sanctions Alerts and False Positives with AI •8 minutes
3 readings•Total 15 minutes
- EU Commission – eIDAS Levels of Assurance •5 minutes
- What is Beneficial Ownership Transparency?•5 minutes
- OpenSanctions Documentation Page •5 minutes
1 assignment•Total 20 minutes
- The First Line of Defense: Smart KYC, CDD, and Screening •20 minutes
1 peer review•Total 15 minutes
- Hands-On-Learning: The ‘Who Owns This?’ Challenge •15 minutes
1 discussion prompt•Total 10 minutes
- Design Your ‘Friction Budget’: Where Should Onboarding Get Tough•10 minutes
The final module focuses on "Detective Controls"—catching the bad actors who made it past the front door. We explore Transaction Monitoring typologies, how to spot "Red Flags," and the art of writing a defensive Suspicious Activity Report (SAR). We conclude with preparing for the inevitable: the regulatory examination.
What's included
11 videos3 readings1 assignment2 peer reviews1 discussion prompt
11 videos•Total 68 minutes
- Module Introduction •2 minutes
- Key Money Laundering Typologies: Smurfing and Trade-Based Schemes •8 minutes
- Differentiating Between Behavioural Analysis and Threshold Monitoring •6 minutes
- Identifying Data Anomalies and Transaction Spikes •8 minutes
- Drafting Effective SAR Narratives: The 5 Ws Framework •5 minutes
- Accelerating SAR Drafting with Generative AI •8 minutes
- Creating Defensible Documentation for Regulatory Exams •5 minutes
- The Feedback Loop: Updating Risks Based on Investigations •7 minutes
- Preparing Evidence and Strategies for Regulatory Examinations •7 minutes
- Managing Remediation and Drafting Management Action Plans (MAPs) •8 minutes
- Course Wrap-Up•2 minutes
3 readings•Total 15 minutes
- Bank of England - Implementation of Basel 3.1: Final rules (Policy statement 1/26) •5 minutes
- FinCEN Clarifies Suspicious Activity Reporting Requirements •5 minutes
- Hong Kong Monetary Authority – Guidance Paper on Transaction Monitoring, Screening and Suspicious Transaction Reporting •5 minutes
1 assignment•Total 20 minutes
- Detective Controls: Transaction Monitoring, Investigations, and Reporting•20 minutes
2 peer reviews•Total 45 minutes
- Hands-On-Learning: Draft a SAR Narrative•15 minutes
- Project: Execute a Full-Cycle AML Investigation and Remediation (NeoPay Case)•30 minutes
1 discussion prompt•Total 10 minutes
- Avoiding the ‘Repeat Finding’: What Would You Fix Permanently?•10 minutes
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