Financial Crime World

AML Training Courses in South Africa: Elevate Your Career

The Anti-Money Laundering (AML) and Anti-Financial Crime (AFC) landscape is constantly evolving, requiring professionals to stay up-to-date with the latest regulations and best practices. The AMLC Prac (SA) offers a unique opportunity for South African professionals to professionalize their careers and earn a SAQA-registered designation.

Programme Overview

The programme is designed for candidates involved in their organization’s AML/AFC efforts and activities. It covers essential skills and knowledge, including:

  • Understanding and staying up-to-date with the AML/AFC regulatory framework
  • Implementing a risk-based approach to AML/AFC
  • Assisting with the compilation and evaluation of an organization’s Risk Management and Compliance Programme (RMCP)

Key Responsibilities

Some of the key responsibilities that candidates may be involved in include:

  • Conducting customer due diligence (CDD) and enhanced due diligence (EDD)
  • Transaction monitoring
  • Detecting and investigating alerts
  • Reporting suspicious activities
  • Providing advice on legislative and regulatory requirements
  • Identifying training needs
  • Overseeing and managing AML/AFC teams

Eligibility Criteria

To be eligible for the programme, candidates must meet the following criteria:

  • Hold at least a Matric/NQF 4 qualification
  • Have at least three years of relevant work experience

The programme is designed to cater to professionals with varying levels of qualifications and experience, requiring more experience in cases where qualifications are lower.

Next Exam Date and Application Process

The next exam date has been scheduled for October 23, 2024. However, the application process is currently on hold. Interested candidates are advised to watch this space for updates.

Additionally, all applicants must attend a prep session on August 16, 2024.

More Information and Course Browsing

For more information and to browse all available courses, click here.

By completing the AMLC Prac (SA) programme, professionals can elevate their careers and stay ahead of the curve in the ever-changing world of AML/AFC.