Anti-Money Laundering and Counter-Financing of Terrorism

The Advanced Credential in Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) program has been designed by Bond University's Faculty of Law to provide professionals with advanced skills in AML and CFT.  

Gain a comprehensive introduction to the principles, processes, law and practice of AML/CFT internationally, including essential knowledge on compliance issues, global standards and best practices for combatting money laundering and the financing of terrorism.

The Advanced Credential program consists of two courses, available online at any time via our high-quality learner platform. The self-paced delivery gives you the flexibility to work around your other commitments. You will be supported while completing the modules with exclusive access to instructors who will respond to your individual questions and provide assistance with content when required.

Meet your course instructor

Dr Mei Pheng Lee, PhD (Law) (Liverpool), F.Fin, ICDM(M), FCB(Assoc) - Practice Professor, Faculty of Law, Bond University

Dr Lee is presently a senior partner, banking law consultant and practitioner at Detta Samen & Co Advocates, one of the most established law firms in Sarawak, Malaysia. She is an Advocate and Solicitor of the High Court in Malaya and an Advocate of the High Court in Sabah and Sarawak. She had served at OCBC Bank in Malaysia as Head of their Legal department and Assistant Vice President, Kuching Branch in Sarawak for ten years. Since 1994, she has been a leading consultant and lecturer for banks and financial institutions, regulators, large corporations locally and internationally in many areas of banking and finance laws, Islamic banking, fraud, anti-money laundering and anti-terrorism financing, banking operations, credit, off shore banking, regulations and compliance.

 

Who should take these courses?

This comprehensive program, targeted at learners globally, has been designed for those currently working or intending to work in roles such as Heads of Compliance, AML/CFT, Regulatory Compliance and Financial Crime; Managers and senior staff of Risk Management, Compliance and Audit (Internal and External); Frontline or Business Managets and Heads of Reporting Institutions or Entities, Designated Non-Financial Businesses and Professions (DNFBPs) and Non-Bank Financial Institutions (NBFIs); Company Secretaries, Accountants, Digital Currencies and Fintech Developers/Operators, professionals of the legal fraternity and regulators.

Course 1: International Anti-Money Laundering / Counter-Financing of Terrorism: Compliance and Practice

This course provides a detailed examination of international AML/CFT law and practice with a focus on compliance issues, principles, processes, and global standards as well as best practices for combating money laundering and the financing of terrorism. The course is made up of five modules:

  • Meeting global standards and requirements
  • Corporate governance and ethics
  • Compliance, risk management and audit
  • Compliance monitoring programs and communication 
  • Best practices on internal control and structures

Course 2: International Anti-Money Laundering / Counter-Financing of Terrorism: Management and Implementation

This course provides a detailed examination of international AML/CFT law and practice with a focus upon the management and implementation of AML/CFT principles and processes, especially those governing the compliance function and compliance officers, and best practices for meeting an organisation's legal and regulatory obligations and requirements. The course is made up of five modules:

  1. International cases of AML/CFT non-compliance
  2. Critical Analysis of international cases of AML/CFT non-compliance and recent global developments
  3. Developing a world-class compliance function
  4. Key attributes of the global compliance officer
  5. Meeting the expectations and requirements of regulators