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AFB Financial Crime Compliance (AML) Diploma 2024

The AFB Financial Crime Compliance (AML) Diploma is a comprehensive learning programme designed to equip risk and compliance professionals with theoretical and practical knowledge to enhance understanding and, develop new skills and awareness around a topic which continues to be critical to all banks.

The course syllabus is revised regularly to include the very latest updates in Financial Crime Compliance.  Each module focuses on helping participants understand how to apply their learning back at bank.

This AFB Diploma course will be delivered in partnership with Great Chatwell Academy of Learning, who have delivered the previous AFB Diploma courses.

Course participants can expect to benefit from:

  • Ten separate learning modules that have been designed exclusively for AFB members with up-to-date content focusing on issues relevant and in the news at the time
  • Delivery via fully interactive online sessions with guest speakers sharing specific expertise
  • Modules that include pre-reading, structured learning, practical-based exercises, and case-study analyses
  • The opportunity to interact and exchange ideas with other risk and compliance professionals
  • End of module assessments that will confirm understanding
  • CPD credits for all sessions attended, awarded by the CPD Certification Service
  • On successful completion of all assessments, participants will receive The AFB Financial Crime Diploma awarded in association with the University of Gloucestershire.

This course is aimed at current and aspiring MLROs and Heads of Compliance (SMF 16 and 17) as well other risk and compliance professionals who wish to embed and further their knowledge in Financial Crime (AML).
Last year, the FCA published guidance to help firms who are looking to approve a person as a Head of compliance or MLRO.  The guidance can be found here. There is a clear reference to the importance of training that is expected for people already in, or moving to these roles.
The FCA guidance states that courses should be “tailored or relevant”, “up to date to provide relevant knowledge of the current regulatory rules and expectations”, and “with sufficient length and depth to gain knowledge to carry out the role”. The FCA also states that it has “found courses with an examination or assessment are better in demonstrating that an individual has gained relevant knowledge”.

Further information, including content, module design and learning outcomes can be found in the brochure here.

“I found the course a really good aid in understanding the differences of the UK regime to my previous global experience and aiding me in identifying areas of focus. The course instructor and external speakers were excellent and very transparent”.