ICA Specialist Certificate in Money Laundering Risk in Correspondent Banking
1. Qualification details
|Qualification name||Generic code to identify ILR programme aims|
|Qualification level||Unknown/not applicable|
|Awarding organisation||Generic award - no awarding body|
|Course start date||01 January 2020|
|Additional price description||In order to study any ICA qualification you need to be a member of the ICA, joining their international professional community of thousands of like-minded individuals. The fee for ICA Affiliate Membership is £30 payable to ICA.|
|Attendance pattern||Not known|
2. Course description
With an increased focus on money laundering, terrorist financing and corruption by regulators in many jurisdictions, banks are closely scrutinising their commercial income against financial crime compliance risk. As a result, de-risking across the banking sector is a significant issue and banking relationships, particularly correspondent banking arrangements, are at risk. The ICA Specialist Certificate in Money Laundering Risk in Correspondent Banking provides you with an opportunity to understand the fundamentals of correspondent banking. You will look at the inherent money laundering risks and develop skills that will help you recognise potentially dangerous situations in correspondent banking relationships before they escalate into what could become major events. This course 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.
3. Entry requirements
The course is specifically designed to be detailed yet accessible. Prior subject matter knowledge will be useful, but is not essential. To get the most from the course, a good standard of English is required.
4. Equipment required
No equipment required
5. Assessment method
At the end of the online course, you will take a one-hour multiple choice closed book examination.
7. Other dates and venues
|No other date or venue available|