Country AML Risk Learning Module

  • CPD Certificate: Yes
  • Study time: 1 hour (10 videos)
  • Cost:  US$29

Why Country AML Risk Assessment?

With the advent of the risk-based approach serving as the primary strategy in combating financial crime, the assessment of country risk has emerged as a crucial component within the customer due diligence and risk assessment framework.

However, the era in which reliance could be placed solely on a rating score or risk banding is now behind us. New regulations mandate that licensed service entities must analyze and comprehend the specific risk elements underlying any aggregate risk rating score.

What does the course cover?

Our Learning Module covers the risk elements that all Licensed Financial Service businesses are expected to consider when assessing Country AML risk.

Who benefits?

Country AML risk assessment is an integral part of any customer risk assessment process, and required by all Licensed FSBs and DNFBPs when needing to understand and assess the money laundering issues posed by the associated geographical location of any customer or their business. 

Contents

Our Course consists of a series of educational videos designed to help you analyze and comprehend the specific risk elements underlying any aggregate risk rating
  • Effectiveness of AML Regime
  • Circumstances of Country
  • Criminal Actors
  • Criminal Markets and Trends
  • Rationale
  • Additional Data Sources
  • Industry/Product Sector
  • Country AML Equivalence
  • Short Test 
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Gary Youinou

Founder of KnowYourCountry and author of this course.
ABOUT GARY
With over 40 years experience in the offshore financial industry, including directorships on companies listed on various stock exchanges, several large alternative investment funds, and the largest registrar company in the Channel Islands, Gary has an extensive knowledge of financial, banking and compliance procedures. Gary founded KnowYourCountry in 2006.
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