Anti-Money Laundering Course for Board Members: A New Standard in Banking Governance

Introduction

Recent Bank of Italy regulations have highlighted the need for a specific role as Anti-Money Laundering Representative on bank boards of directors. Our Course for Anti-Money Laundering Representatives on Boards of Directors is designed to prepare managers for this crucial role, ensuring that banks comply with current regulations and promote financial transparency and integrity. This course was designed to meet this need, offering high-quality training, delivered entirely via distance learning (FAD).

This unique course features lectures recorded by our experts, which participants can follow later, and an interactive e-learning program, allowing managers to adapt their learning to their work schedules. The course offers comprehensive training on the Bank of Italy's new regulations and best practices for preventing the use of the financial system for money laundering and terrorist financing. Through a practical and interactive approach, the course aims to develop specific skills for identifying and managing money laundering risks, emphasizing the importance of effective and responsible governance.

By participating in the course, the members of the Board of Directors will acquire the necessary skills to:

• Interpret and apply regulatory provisions regarding anti-money laundering.
• Identify and manage money laundering risks and conflicts of interest.
• Ensure compliance with anti-money laundering policies within the organization.

Furthermore, students who successfully complete the course and pass the final exam will receive not only the course diploma but also the prestigious AMLCert international first-level certification and the AML Skills Certification. This recognition underscores the course's quality and relevance in the anti-money laundering training landscape.

The course provides flexible yet rigorous learning and is essential for board members who must ensure that their institutions strictly comply with anti-money laundering regulations, protecting the integrity of the financial system and contributing to the fight against money laundering and terrorist financing.

Location

The Anti-Money Laundering Course is available and can be used in the following ways:
– Recorded lessons
– E-learning

Course Certificate

At the end of the training course, each student will be able to obtain the Certificate of the Anti-Money Laundering Course for Board of Directors, which certifies attendance of the training course and the acquisition of specialized skills, verified through the final written exam and tests administered using the School's e-Learning platform.

Achievement is subject to the following conditions:

• regular attendance of lessons;
• regular attendance of lessons on the E-Learning platform;
• passing the required written tests;
• passing the tests provided on the e-learning platform;

The issuing of the Certificate and other qualifications is, however, subject to regular attendance at lessons (at least 80%).

Structure

20 Forms in mode Blended (10 classroom + 10 e-learning) + 1 Extra Conference program.
The course lasts 3 months and is organized into 20 modules attended in Blended mode.

Program

MODULE 1 – in physical/virtual classroom
Round Table with the participation of the Course teachers

MODULE 2 - in E-Learning
– Study on E-Learning platform

3 MODULE – in physical/virtual classroom
National and international regulatory framework on Money Laundering and Terrorist Financing
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of concrete cases

MODULE 4 -  in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 5 – in physical/virtual classroom
KYC – Due Diligence, Beneficial Owner
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of concrete cases

MODULE 6 - in E-Learning
– Study on e-learning platform
– Learning assessment test on e-learning platform

MODULE 7 – in physical/virtual classroom
KYC – Risk-Based Approach
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of concrete cases

MODULE 8 - in E-Learning
– Study on e-learning platform
– Learning assessment test on e-learning platform

MODULE 9 – in physical/virtual classroom
Taxation in Anti-Money Laundering (CRS, FATCA & DAC6)
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of concrete cases

MODULE 10 - in E-Learning
– Study on e-learning platform
– Learning assessment test on the e-learning platform

MODULE 11 – in physical/virtual classroom
Reporting of Suspicious Transactions, Transaction Monitoring & CFT
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of concrete cases

MODULE 12 - in E-Learning
– Study on e-learning platform
– Learning assessment test on the e-learning platform

MODULE 13 – in physical/virtual classroom
Anti-Money Laundering Inspection
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of concrete cases

MODULE 14 - in E-Learning
– Study on e-learning platform
– Learning assessment test on e-learning platform

MODULE 15 – in physical/virtual classroom
Top Roles and Key Features of the Anti-Money Laundering Representative on the Board of Directors
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 16 - in E-Learning
– Study on e-learning platform
– Learning assessment test on e-learning platform

MODULE 17 – in physical/virtual classroom
Risk profiles and anomaly indicators according to UIF provisions
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 18 - in E-Learning
– Study on e-learning platform
– Learning assessment test on e-learning platform

MODULE 19 – in physical/virtual classroom
Final exam

MODULE 20 – in E-Learning
Final exam