FNSSS00010 Anti-Money Laundering and Counter Terrorism Financing Skill Set
Course
Online
Description
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Type
Course
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Level
Intermediate
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Methodology
Online
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Class hours
200h
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Duration
6 Months
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Start date
Different dates available
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Online campus
Yes
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Delivery of study materials
Yes
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Support service
Yes
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Virtual classes
Yes
The FNSSS00010 Anti-Money Laundering and Counter Terrorism Financing Skill Set aims to address the needs of individuals in roles where a requirement exists to comply with anti-money laundering and counter terrorism financing regulatory obligations. This skill set meets the competency requirements of a nationally recognised Skill Set as outlined in the Financial Services (FNS) training package, and aligns with a financial services professionals’ requirements under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
With significant challenges faced by financial services firms to monitor and detect suspicious and illegal transactions, this course provides the government mandated minimum education requirements for Anti-Money Laundering and Counter Terrorism Financing for individuals undertaking customer due diligence, reporting and record keeping. This Skill Set caters to all individuals who use, maintain and disseminate highly specialised information relating to Anti-Money Laundering and Counter Terrorism Financing as well as individuals responsible for ensuring related compliance and quality standards.
Compliance knowledge associated with finance industry regulations and industry codes of practice on an organisational level
Ability to assess financial products and services for risks and vulnerabilities to money laundering and terrorism financing
Identify and alleviate money laundering and terrorism financing
Facilities
Location
Start date
Start date
About this course
The FNSSS00010 Anti-Money Laundering and Counter Terrorism Financing Skill Set is suitable for any individual who is employed in a role where customer due diligence, reporting and record keeping is required to comply to service provision obligations under Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
This is an open entry course with no pre-requisite qualifications. In order for participants to successfully complete this course, it is recommended they have a strong literacy and numeracy skills.
Reviews
Subjects
- Compliance
- Financial Services
- Anti-money Laundering
- Quality
- Financial
- Industry
- Quality Training
- Financial Training
- Products
- Laundering
- Regulation
- Regulation Financial
Course programme
- FNSFMK505 Comply with financial services regulation and industry codes of practice
- FNSINC502 Assess financial products and services vulnerability to money laundering and terrorism financing
- FNSRSK502 Assess risks
Assessment
Assessment tasks may be a combination of:
- Multiple choice questions
- Short answer questions
- Case study and scenario responses
- Projects, Portfolio
- Role Plays
- Practical Demonstration
- Journal and Self-reflection exercises
Additional information
Save $$$ - $354.00
No hidden costs - $590.00
FNSSS00010 Anti-Money Laundering and Counter Terrorism Financing Skill Set