ICA Certificate in Money Laundering Risk in New Payment Products and Services
Training
Online
Description
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Type
Training
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Methodology
Online
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Duration
3 Months
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Start date
Different dates available
The growth in global competition along with technical advances has led to the rapid expansion of new payment products and services (NPPS) to the financial marketplace. This development has added speed and convenience to financial transactions but has also increased the opportunity for money laundering activity.
The ICA Specialist Certificate in Money Laundering Risk in New Payment Products and Services provides you with an opportunity to understand the key AML risks in this area. The course explores the different payment methods available and considers how to apply suitable controls to manage the vulnerabilities that exist.
It is awarded in association with Alliance Manchester Business School, the University of Manchester. In the UK, it is also endorsed by the British Bankers’ Association.
Facilities
Location
Start date
Start date
About this course
Senior practitioners who are keen to enhance their existing expertise by learning about another a rapidly developing industry sector
Senior managers within the NPPS environment who wish to certify their knowledge
Operational staff, working specifically within the NPPS sector, who need to understand the inherent risks they face
Regulators or Consultants working within the NPPS sector
MLROs, Compliance Managers, Risk Managers, CDD Managers
Anyone with an interest in the subject matter
Flexible learning solutions that are suited to you
Our learner-centric approach means that you will gain relevant practical and academic skills and knowledge that can be used in your current role
Improve your career options by undertaking a globally recognised qualification that hiring managers look for as part of their hiring criteria
Many students have stated that they have received a promotion and/or pay rise as a direct result of gaining their qualification
The qualifications ensure that you are enabled to develop strategies to help manage and prevent risk within your firm, thus making you an invaluable asset within the current climate
Reviews
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 7 years
Subjects
- Risk
- Financial
- Financial Training
- Money laundering
- Money Laundering Risk
- NPPS
- New Payment Products and Services
- E-payments
- Risk Management
- Customer Due Diligence
Teachers and trainers (1)
ICT Training, Education and Development
Tutors
ICT has a vast internal tutor team and we also use a number of external trainers to enliven the learning process. All ICT trainers have extensive experience. They come from a variety of backgrounds and most are still practising in their profession so you can be confident that the learning you receive is practical and up-to-date. In our international centres we use local tutors who are knowledgeable about the laws and regulations of that particular country as well as international best practice.
Course programme
When you undertake the course, in addition to the essential concepts of AML and CTF, you will cover the following areas:
- The fundamentals of NPPS
- The particular issues around e-payments, prepaid cards and mobile financial services
- Balancing financial inclusion against financial integrity
- The vulnerabilities of specific markets, products and servics
- The best practice related to customer due diligence
- How to identify suspicious activity
- Identifying suspicions and managing risk
- Case Studies (including Bitcoin)
Additional information
ICA Certificate in Money Laundering Risk in New Payment Products and Services