Course curriculum

  • 1. Money Laundering Today

    • 1.1 A Global Phenomenon

    • 1.2 The Money Laundering Cycle

    • 1.3 Money Laundering and Terrorist Financing

    • 1.4 Fighting Corruption and AML

    • 1.5 The Antidote to Suspicion

  • 2. The International AML Framework—the FATF

    • 2.1 The Evolution of International Regulation

    • 2.2 Members of the FATF

  • 3. Why Do We Need AML Regulations?

    • 3.1 ML and Financial Institutions

    • 3.2 Concealing True Ownership

    • 3.3 Detecting ML Operations

  • 4. The Evolution of AML Regulations

    • 4.1 Series of Revisions

    • 4.2 Combating Terrorist Financing

  • 5. Singapore’s AML Regulatory Framework

    • 5.1 An Early Adopter of International Requirements

    • 5.2 Legislation against Drug Trafficking Proceeds

    • 5.3 Other Legislation that Deals with ML

    • 5.4 National Risk Assessment Report

    • 5.5 Terrorism Financing National Risk Assessment

  • 6. Impact on the Financial Industry

    • 6.1 How AML Regulation Affects Banks

  • 7. Assessment

    • Instructions

    • Questions