Anti-Money Laundering and Counter-Terrorism Financing

Equip your team to identify and prevent money laundering and terrorism financing and understand the importance of maintaining regulatory compliance and safeguarding the organisation against financial crimes.

Course Details

Regulation/Law

Anti-Money Laundering and Counter-Terrorism Financing Act (2006/2009) and more

Ideal for

All employees, contractors, and volunteers

Region

Australia, New Zealand

Course Format

Structured Learning, Accelerated Learning and ShortBurst options

Duration

Depending on format, between 5 - 40 minutes

The International Monetary Fund (IMF) and the World Bank estimate that around 3-5% of global GDP, or around $3 trillion, is laundered worldwide every year.

Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) laws and regulations impact any organisation which provides financial services and products or specific designated services.

Financial institutions are expected to comply with AML/CTF laws, make sure that clients are aware of these laws and guide people with them without prior active government orders.

Course Overview

About this online course

Our Anti-Money Laundering course equips participants with critical skills to detect and prevent money laundering and terrorism financing. Participants will learn the appropriate channels for reporting suspicious activities. Through interactive scenarios and practical insights, the course clarifies the definitions and implications of anti-money laundering and counter-terrorism financing, highlighting the legal consequences for both individuals and organisations. This thorough approach ensures that participants are well-prepared to maintain compliance standards and effectively manage the complexities of financial regulations.

Ideal for workplaces that are

If you’re a manager looking to train a group within your organisation, external suppliers or all staff, please fill in our enquiry form and let us know the size of your organisation. Our compliance experts will assist you.

Key takeaways for participants

  • Comprehensive coverage of what anti-money laundering and counter-terrorism financing are and how they can occur
  • Engaging and interactive animated modules for an optimal user experience
  • Multiple course formats to suit diverse learning needs
  • Legally up-to-date content to save you time and resources
  • Rigorous end-of-module testing to ensure thorough understanding of the law

Legislation covered

Australia: Anti-Money Laundering and Counter-Terrorism Financing Act (2006)

New Zealand: Anti-Money Laundering and Countering Financing of Terrorism Act (2009)

Key modules

  • What is money laundering?
  • What is terrorism financing?
  • Differences
  • The law
  • The AML/CTF compliance program
  • Limited expectations
  • Collection information
  • Beneficial owners
  • Customer due diligence
  • Reporting
  • Penalties
  • Keeping records
  • What a reporting entity must do
  • The activity-based approach
  • The risk-based approach
  • AML/CTF risk assessment
  • Prescribed transaction reporting

Learning outcomes

By the end of this course, participants will be able to:

  • understand what money laundering is;
  • understand what counter-terrorism financing is; and
  • explain their responsibilities under the law.

Duration and Format

Structured Learning

Ideal for first-time learners or those with little prior knowledge, covering the entire topic in 30-40 minutes. 

Accelerated Learning

Allows learners who understand the topic to proceed quickly through the course in 20-30 minutes.

MicroLearns

Short modules for time-poor learners, with each module lasting 5-10 minutes.

ShortBurst

Quick summaries of specific compliance areas, available in office-based and field-based formats, each lasting 5 minutes.

Delivery and Setup

SCORM

Our client services team can deliver our courses via SCORM file if you have a Learning Management System (LMS).

Compliance Platform

Alternatively, you can use our Compliance Platform to house any training material, track policy acceptance, administer surveys, and audits—all in one place. We can get you up and running within a few weeks. 

Related courses

Increase your compliance by bundling our related courses. This ensures you cover multiple topics and legislations for a holistic approach.

On the Safetrac

Why Choose Safetrac’s Compliance Courses 

Versatile Course Formats

Options include comprehensive compliance courses and short, bite-sized modules to meet diverse training needs. 

Engaging and Customisable Content

Our courses feature a variety of engaging and animated content, from videos to interactive modules, all of which can be customised based on your branding or designed with specific scenarios tailored to your business. 

Legally Up-to-Date

All content is regularly updated to reflect the latest legislation, ensuring your training remains compliant. 

Flexible Delivery Options

Available via SCORM or our Compliance Platform, with regular updates provided whenever legal changes occur. 

Exceptional Customer Service

Our local Client Services team ensures a smooth setup within a few weeks and offers ongoing support for all your learning and training needs.

Trusted by Leading Brands

Renowned companies like Uber, Chubb, and David Jones rely on our compliance training solutions.

Get started

Is your organisation on the Safetrac?

Connect with our team today to explore how our courses can enhance your corporate training program or schedule a training needs analysis to tailor a solution for your compliance needs.

Book a call

Use Calendly to schedule a time to speak directly to our team about your governance, risk and compliance needs.

Contact us

Got questions? Reach out, and our compliance experts will get back to you with the answers.

What are you looking for?