Module 1: Introduction to Financial Crime & AML (3 Hours)

• What is financial crime? Types and global impact
• History and evolution of AML
• Introduction to FATF and its 40 Recommendations
• Overview of financial institutions’ role in AML
• Careers in AML and compliance

 Module 2: The Risk-Based Approach to AML (4 Hours)

• What is risk-based AML compliance?
• Identifying and assessing risk (client, product, geography)
• AML risk matrices and scoring
• Risk mitigation strategies and controls
• Real-life examples and case study: Risk profiling

 Module 3: KYC, CDD & EDD Processes (5 Hours)

• Customer Identification Program (CIP)
• Standard vs. Enhanced Due Diligence
• Onboarding individuals vs. corporates
• Red flags in documentation
• Source of funds & source of wealth checks
• UBO (Ultimate Beneficial Ownership) detection

 Module 4: International AML Frameworks (4 Hours)

• FATF, FinCEN, Wolfsberg Principles
• EU AML directives
• USA PATRIOT Act overview
• UN Sanctions and AML international enforcement
• The role of the Financial Intelligence Unit (FIU)

 Module 5: Transaction Monitoring Systems & Red Flags (4 Hours)

• Understanding how transaction monitoring works
• Red flags in account behavior (layering, structuring, unusual transactions)
• Thresholds and rule-based alerts
• Handling alerts – escalation process
• Case studies: Real-world suspicious transaction patterns

 Module 6: Sanctions, PEP Screening & OFAC Compliance (3 Hours)

• Who are PEPs? (Politically Exposed Persons)
• Global sanctions regimes (OFAC, UN, EU, UK)
• Name screening and fuzzy logic
• Case study: Violation of sanctions and penalties
• Role of sanctions screening tools

 Module 7: Suspicious Transaction Reporting & UAE Compliance Framework (5 Hours)

• Definition of suspicious activity and reporting obligations
• How to file STRs/SARs (Suspicious Transaction/Activity Reports)
• UAE Central Bank AML framework
• AML regulations in UAE Real Estate and Designated Non-Financial Businesses and Professions (DNFBPs)
• Case simulation: Drafting an STR

 Module 8: AML in Real Estate, Insurance & FinTech (3 Hours)

• AML risks in real estate transactions
• AML obligations for brokers, lawyers, and developers
• Risk indicators in insurance fraud
• AML risks in digital banking and cryptocurrencies
• Case study: Real estate used for money laundering

 Module 9: Technology & AI in AML (3 Hours)

• Introduction to RegTech and AI
• Key AML software (Actimize, Oracle FCCM, SAS AML)
• Use of Machine Learning in monitoring transactions
• Data analytics in compliance
• Future trends in AML technology

 Module 10: ACAMS Exam Preparation + Mock Tests (6 Hours)

• ACAMS exam structure and domains
• Tips for success in the ACAMS exam
• Practice test walkthroughs
• Time management strategies
• ACAMS application and eligibility guide