ICA Specialist Certificate in Money Laundering Risk in Capital Markets

ICA Specialist Certificate in
Money Laundering Risk in Capital Markets
In the past, money launderers typically targeted banks to launder their illicit funds, utilising traditional banking
products such as wire transfers, cash deposits, cheques and other negotiable instruments to move their funds around
and disguise the proceeds of crime. However, the global and highly liquid nature of the capital markets have made
traded products an attractive means for the organised criminal to launder funds and disguise the audit trail.
The ICA Specialist Certificate in Money Laundering Risk in Capital Markets is designed to address key Anti Money
Laundering (AML) and Counter Terrorist Financing (CTF) concepts, and the practical issues encountered within the
capital markets environment.
The qualification will enable you to demonstrate an understanding of:
• The AML context and its relevance in developing
good practice
• Typologies and techniques
• Particular AML issues
• The vulnerabilities of specific services and products
• The need for effective customer due diligence
• How to recognise suspicious transactions and
relationships
• What constitutes effective AML controls
• How to approach risk assessments for money laundering
What will you learn?
When you undertake the course, in addition to the fundamentals of AML & CTF, you will cover the following areas:
• The key capital market frameworks and concepts
• Primary, secondary and wholesale markets
• Bond and stock markets
• Money and derivative markets
• Delivery channels
Who is the course suitable for?
• Money laundering characteristics
• Identifying suspicious activity
• Additional vulnerabilities - financial crime
• Identifying solutions and controls to mitigate risk
The course is suitable for anyone who has a professional or personal interest in broadening their knowledge by studying
the money laundering risks inherent in the capital markets environment. This will include:
• Senior practitioners who are keen to enhance their existing expertise by learning about another distinct sphere
• Senior managers within the capital markets environment who wish to certify their knowledge
• Operational staff, working specifically within the capital markets environment, who need to understand the
inherent risks they face
• Regulators or Consultants working within the capital markets space
• MLROs, Compliance Managers, Risk Managers, CDD Managers
• Anyone with an interest in the subject matter

Entry requirements
The qualification is specifically designed to be detailed yet accessible. Prior subject matter knowledge will be useful, but
is not essential.
The AML focussed Specialist Certificate series from ICA all commence with a brief introductory unit, designed to
introduce AML key concepts to those students who are less familiar with the broader context. From there, the more
in-depth issues are examined.
However, to get the most from the course, a good basic standard of English (particularly reading) is required.
How and where you can study?
The course is fully online so can be studied at any time, wherever you are in the world.
How will you be assessed?
At the end of the online course you will take a one hour multiple choice exam of 15 short-form questions. The pass mark
is 70%.
You are not permitted to access any material (off or online) throughout the duration of the exam so although you will
not be supervised, you will be required to confirm your understanding of and agreement to this prior to taking the
exam.
Does this count towards ICA CPD?
Specialist Certificate courses count as 15 hours of ICA CPD credit.
What does it cost?
£450 (includes applicable taxes). If there are multiple enrolments from a firm, discounts may apply.
Get in touch at ict@int-comp.com for details.
Can the course be taught in-house?
An in-house option is available for organisations enrolling a minimum of 15 people onto the course. Benefits include a
face to face delivery option and the potential to include bespoke material.
Contact us at ict@int-comp.com for more details.
For more information:
+44 (0) 121 362 7534
ict@int-comp.com
www.int-comp.org
Awarded in association with:
ICTB456