Here is the rewritten article in Markdown format:
POLAND LAUNCHES AML TRAINING PROGRAM FOR FINANCIAL INSTITUTIONS
Lodz, Poland - The University of Lodz has launched a new postgraduate course in anti-money laundering (AML) training for financial institutions to meet growing market and regulatory demands.
Program Details
The “AML Analyst - Anti-Money Laundering” program is offered on a full-time or remote basis at the Faculty of Law and Administration, University of Lodz. Developed in cooperation with business representatives from companies such as Euroclear, EY, mBank, and Nordea, the course aims to address the current needs of the labor market, particularly in the banking sector.
Course Objectives
The program covers topics such as:
- Law and economics of the banking sector
- Management
- Accounting
- Practice of financial institutions
- Developing analytical thinking skills
- Risk assessment
- Data analysis
Market Demand
According to European and Polish law, financial institutions are obliged to introduce internal procedures for preventing money laundering and financing terrorism. The program is expected to attract students from all over Poland, as well as international students looking to work in an AML analyst role in financial institutions.
Strategic Partnership
The course’s strategic partner, Association of Business Service Sector Leaders (ABSL), estimates that almost 19% of business service centers in Poland are already handling AML processes. “The joint initiative with ABSL will allow students to gain the necessary competencies to operate effectively in an environment of changing regulations,” said Professor Agnieszka Kurczewska, University of Lodz Vice-rector for External Relations.
Global Market Size
The global size of the AML market is estimated at $3.18 billion in 2023, with projections pointing to a worth of $16 billion by 2033. The development of specialization and knowledge regarding money laundering is crucial, as between 2 and 5% of global GDP is subject to money laundering.
More Information
For more information about the study, please visit www.aml.uni.lodz.pl.
About the University of Lodz
The University of Lodz is one of the largest universities in central Poland, with nearly 30,000 students and over 3,500 academic and administrative staff. The institution cooperates with businesses at both human resources and scientific levels, providing qualified employees and offering know-how to companies in various sectors of the economy.