Anti-Money Laundering (AML) Training
AML/CFT regulations require documented staff training. With the EU AML package tightening requirements and enforcement rising, your team needs to know how to identify, assess, and report suspicious activities.
AML Training Curriculum
AML/CFT Fundamentals
Money laundering stages (placement, layering, integration), terrorist financing patterns, predicate offenses, and the regulatory rationale for AML requirements.
Customer Due Diligence
Standard CDD, simplified CDD, and enhanced due diligence (EDD) procedures. KYC requirements, beneficial ownership identification, and ongoing monitoring obligations.
Suspicious Transaction Recognition
Red flags and indicators: unusual transaction patterns, structuring, rapid movement of funds, inconsistent business profiles, and industry-specific warning signs.
Sanctions & PEP Screening
EU and international sanctions lists, Politically Exposed Persons (PEP) identification, screening tools, and escalation procedures for matches.
Record Keeping
Documentation requirements: CDD records, transaction records, retention periods, audit trail maintenance, and accessibility for competent authorities.
Reporting Obligations
Suspicious transaction reports (STR), threshold-based reporting, tipping-off prohibition, internal reporting procedures, and interaction with the Financial Intelligence Unit.
Sector-Specific Requirements
Tailored obligations for banking, insurance, real estate, legal professions, accountants, trust and company service providers, and crypto-asset service providers.
Who Should Attend
For banking and financial services staff, AML compliance officers, and professionals in obliged entities who must meet anti-money laundering training requirements.
- 01Banking & Financial Staff
Bank employees, compliance teams, and relationship managers who handle customer onboarding, transactions, and ongoing monitoring.
- 02Compliance Officers
AML compliance officers, MLROs (Money Laundering Reporting Officers), and compliance teams responsible for AML program implementation.
- 03Obliged Entity Staff
Accountants, lawyers, real estate agents, tax advisors, and other professionals classified as obliged entities under AML regulations.
Regulatory Framework
AML training addresses the evolving EU anti-money laundering framework and Croatian national requirements.
Ready to launch AML compliance training?
Free 30-minute consultation, assess your AML training obligations, plan the program, get a proposal
Frequently Asked Questions
Who needs AML training?
All 'obliged entities' under AML regulations: banks, insurance companies, investment firms, payment institutions, real estate agents, lawyers, accountants, tax advisors, notaries, trust service providers, and crypto-asset service providers. All staff who may encounter money laundering must be trained.
How often is AML training required?
Initial training upon hiring, with regular refresher training at least annually. Additional training is required when regulations change significantly, when new products/services are introduced, or when new ML/TF typologies emerge. Croatian regulations require documented evidence of training.
What is the difference between CDD and EDD?
Customer Due Diligence (CDD) is the standard level of verification for all customers. Enhanced Due Diligence (EDD) applies to higher-risk situations: PEPs, high-risk countries, complex ownership structures, and unusual transactions. EDD requires more detailed information, senior management approval, and enhanced monitoring.
What are the reporting obligations?
Obliged entities must report suspicious transactions to the Financial Intelligence Unit (in Croatia: the Anti-Money Laundering Office/AMLO) without informing the customer (tipping-off prohibition). Reports must be filed promptly, before completing the transaction if there are grounds for suspicion.
What are the penalties for AML non-compliance?
Penalties include substantial fines (up to €5M or 10% of annual turnover for the most serious breaches), criminal liability for individuals, revocation of business licenses, public disclosure of violations, and temporary or permanent prohibition from holding management positions.
Is AML training available online?
Yes. We offer both in-person workshops and online training modules. Online training includes interactive scenarios, knowledge assessments, and completion certificates. We recommend blended approaches, online for foundational knowledge with in-person workshops for advanced scenarios and case studies.
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Protect your organization from money laundering risk
AML enforcement is intensifying across the EU. Ensure your staff can identify suspicious activities, follow due diligence procedures, and meet reporting obligations. Training is not optional, it's a regulatory requirement.