Professional Diploma Course | Duration: 6 Months

Course Introduction

Anti-Money Laundering (AML) and Compliance are essential components of the global financial system, designed to prevent the misuse of financial institutions, businesses, and professional services for money laundering, terrorist financing, proliferation financing, fraud, corruption, and other financial crimes.

Money laundering involves disguising the origins of illegally obtained funds to make them appear legitimate. Organizations must establish effective policies, procedures, internal controls, customer due diligence systems, transaction monitoring mechanisms, and reporting arrangements to identify and manage financial crime risks.

In Bangladesh, AML and compliance practices are particularly important for banks, financial institutions, insurance companies, mobile financial services, capital market intermediaries, NGOs, and other reporting organizations. Relevant national requirements include the Money Laundering Prevention Act, 2012 (as amended), Anti-Terrorism Act, 2009 (as amended), applicable Bangladesh Bank regulations and circulars, and guidance issued by the Bangladesh Financial Intelligence Unit (BFIU).

This six-month professional diploma programme is designed to develop participants' knowledge and practical competencies in AML frameworks, Know Your Customer (KYC), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), suspicious transaction identification, transaction monitoring, sanctions screening, regulatory reporting, risk assessment, and compliance auditing.

The programme also introduces international AML standards and guidance, including the Financial Action Task Force (FATF) Recommendations, risk-based approach, and relevant international compliance principles.

Through structured learning, practical exercises, case studies, assignments, and viva voce assessments, participants will develop the skills required to support effective AML and financial crime compliance programmes.

Course Objectives

The main objectives of this programme are to:

• Understand the fundamentals of money laundering, terrorist financing, and financial crime.
• Develop knowledge of national and international AML regulatory frameworks.
• Understand the responsibilities of reporting organizations and compliance professionals.
• Apply Know Your Customer (KYC) and Customer Due Diligence (CDD) principles.
• Understand Enhanced Due Diligence (EDD) and risk-based customer classification.
• Identify suspicious transactions and unusual financial activities.
• Understand transaction monitoring and sanctions screening mechanisms.
• Develop knowledge of Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs).
• Understand AML risk assessment, internal controls, and compliance monitoring.
• Develop competencies in AML auditing, investigation support, and regulatory compliance.

Course Outcomes

After successful completion of the programme, participants will be able to:

• Explain the concepts and stages of money laundering.
• Identify common methods and indicators of money laundering and terrorist financing.
• Describe the roles and responsibilities of BFIU, Bangladesh Bank, FATF, and reporting organizations.
• Apply basic KYC, CDD, and EDD principles.
• Identify customer, product, service, geographic, and delivery-channel risks.
• Recognize suspicious transaction patterns and red flags.
• Understand transaction monitoring and sanctions screening processes.
• Explain the process and importance of STR/SAR reporting.
• Support AML risk assessments and compliance monitoring activities.
• Conduct basic AML compliance reviews and internal audits.
• Recommend corrective actions to strengthen AML controls.

Course Modules

Module 1: Fundamentals of Anti-Money Laundering and Financial Crimes

Module Contents:

1. Introduction to Anti-Money Laundering (AML) and Financial Crime Compliance
2. Definition, Objectives and Stages of Money Laundering: Placement, Layering and Integration
3. Terrorist Financing (TF), Proliferation Financing (PF) and Related Financial Crimes
4. Common Money Laundering Methods, Typologies and Emerging Financial Crime Risks
5. Overview of FATF Recommendations and International AML Standards
6. AML Compliance Culture, Corporate Governance and Organizational Responsibilities

Assessment Requirements:

• Assignment Submission
• Viva Voce Test

Module 2: AML Regulatory Framework and Institutional Compliance

Module Contents:

1. Overview of Bangladesh's Money Laundering Prevention Act, 2012 and Amendments
2. Anti-Terrorism Act, 2009 and Relevant AML/CFT Regulatory Requirements
3. Roles and Responsibilities of Bangladesh Financial Intelligence Unit (BFIU)
4. Bangladesh Bank Circulars, Guidelines and Regulatory Instructions
5. FATF, Financial Intelligence Units (FIUs) and International Cooperation
6. Compliance Responsibilities of Banks, Financial Institutions and Other Reporting Organizations

Assessment Requirements:

• Assignment Submission
• Viva Voce Test

Module 3: Know Your Customer (KYC), CDD and Customer Risk Assessment

Module Contents:

1. Know Your Customer (KYC): Purpose, Principles and Documentation
2. Customer Due Diligence (CDD) and Customer Identification Procedures
3. Enhanced Due Diligence (EDD) for High-Risk Customers and Transactions
4. Beneficial Ownership Identification and Verification
5. Politically Exposed Persons (PEPs), Sanctions and High-Risk Customer Screening
6. Customer Risk Profiling, Risk Classification and Periodic Review

Assessment Requirements:

• Assignment Submission
• Viva Voce Test

Module 4: Transaction Monitoring, Suspicious Transactions and Reporting

Module Contents:

1. Transaction Monitoring Systems: Objectives, Processes and Key Controls
2. Identification of Suspicious Transactions and Unusual Financial Activities
3. AML Red Flags and Common Suspicious Transaction Indicators
4. Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs)
5. Record Keeping, Internal Escalation and Regulatory Reporting Procedures
6. Case Studies on Money Laundering, Fraud and Terrorist Financing Activities

Assessment Requirements:

• Assignment Submission
• Viva Voce Test

Module 5: AML Risk Management, Internal Controls and Financial Crime Prevention

Module Contents:

1. Enterprise-Wide AML/CFT Risk Assessment and Risk-Based Approach
2. Customer, Product, Service, Geographic and Delivery-Channel Risk Assessment
3. Sanctions Screening, Watchlist Management and Risk-Based Screening Controls
4. Internal AML Policies, Procedures and Compliance Control Framework
5. AML Training, Employee Awareness and Ethical Responsibilities
6. Financial Crime Prevention, Fraud Risk Management and Internal Escalation Mechanisms

Assessment Requirements:

• Assignment Submission
• Viva Voce Test

Module 6: AML Compliance Auditing, Investigation and Continual Improvement

Module Contents:

1. AML Compliance Monitoring and Internal Audit Principles
2. AML Compliance Inspection, Regulatory Review and Gap Assessment
3. Investigation Support, Documentation and Evidence Management
4. AML Compliance Reporting, Management Review and Corrective Action Plans
5. Role of the Compliance Officer, Money Laundering Prevention Compliance Officer (MLPCO) and Internal Control Functions
6. AML Compliance Programme Evaluation, Effectiveness Assessment and Continual Improvement

Assessment Requirements:

• Assignment Submission
• Viva Voce Test

Course Methodology

The programme will be delivered through a combination of:

• Professional instructor-led training sessions.
• PowerPoint-based theoretical and technical discussions.
• Practical case studies on money laundering and financial crimes.
• KYC, CDD and EDD documentation exercises.
• Customer risk profiling and risk assessment exercises.
• Suspicious transaction identification and red-flag analysis.
• Transaction monitoring scenario-based exercises.
• AML compliance checklist and reporting exercises.
• Group discussions and problem-solving activities.
• Module-based assignments and final viva voce assessment.

Who Should Attend?

This professional diploma programme is suitable for:

• Bankers and Banking Professionals.
• Financial Institution Employees.
• AML and Compliance Officers.
• Money Laundering Prevention Compliance Officers (MLPCOs).
• Internal and External Auditors.
• Risk Management Professionals.
• Microfinance Institution Professionals.
• Mobile Financial Services (MFS) Professionals.
• Insurance and Capital Market Professionals.
• FinTech and Digital Financial Services Professionals.
• NGO and Non-Profit Organization Compliance Professionals.
• Legal and Corporate Governance Professionals.
• Regulatory Affairs and Internal Control Professionals.
• Business Owners and Financial Consultants.
• Graduates seeking a career in AML and Financial Crime Compliance.

Course Conclusion

Effective Anti-Money Laundering and Compliance practices are essential for protecting financial institutions, businesses, and the wider economy from money laundering, terrorist financing, fraud, and other financial crimes.

This six-month professional diploma programme provides participants with a structured understanding of AML regulatory requirements, customer due diligence, risk assessment, transaction monitoring, suspicious transaction reporting, internal controls, and compliance auditing.

By completing this programme, participants will be better prepared to support AML/CFT compliance functions, identify financial crime risks, strengthen organizational controls, and contribute to the development and continual improvement of effective AML compliance systems.

Course Information

• Course Title: Diploma in Anti-Money Laundering (AML) and Compliance
• Course Type: Professional Diploma Course
• Duration: 6 Months
• Programme Structure: 6 Modules
• Assessment: Module Assignments and Viva Voce Tests
• Training Provider: Compliance Training (BD) Limited (CTBL)
• Certificate: Professional Diploma Certificate upon successful completion of the programme and applicable assessment requirements.

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