AML & CFT eLearning Module (Jersey-specific)
Essential eLearning for all financial services professionals.
Description
At SIFS, we are committed to delivering exceptional training solutions that meet the evolving needs of the financial services industry. We work with leading eLearning partners to bring our clients the highest quality and best value training modules available on the market.
Our curated selection of eLearning courses combines subject-matter expertise, robust instructional design, and cutting-edge learning technology. This means your teams get training that is not only fully compliant with local and international standards but also engaging, accessible, and impactful. Whether you’re training new joiners or refreshing senior staff, our modules aim to ensure that your people are equipped to meet regulatory expectations with confidence and clarity.
Our AML eLearning modules help financial services firms meet statutory obligations and foster a strong compliance culture by covering core AML/CFT/CPF principles, customer due diligence, red flags, and reporting duties, all aligned with local and international standards including the JFSC AML/CFT/CPF Handbook. Designed with engaging, modern learning methods, these courses equip staff at all levels to recognise and manage financial crime risks confidently and effectively, and are suitable for all staff to meet their annual mandatory AML training requirements.
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1-hour |
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All staff |
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Jersey-specific |
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1-hour CPD |
Examples from AML eLearning Modules
Duality Learning Module
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CORR Learning Module
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What is Money Laundering?
Money laundering can be described as the process by which the proceeds of crime are disguised to make them appear legitimate. As such, money laundering is an essential part of illegal activity, and helping stop it can have a real-world impact on crime.
How much money is laundered each year?
It’s estimated that 2.7% of global GDP (over 2 trillion USD) is laundered per year. (FACTI2020)
What is the Money Laundering Cycle?
Money laundering is traditionally described in terms of ‘The Money Laundering Cycle’. You may already be familiar with the conventional money laundering cycle which usually divides the money laundering process into three principal phases.
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Placement
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Layering
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Integration
What are my AML obligations?
Different jurisdictions have varying regulatory obligations for what your AML obligations look like. However, most jurisdictions require individuals to complete mandatory refresher training once every year or other year.
In Jersey, the Jersey Financial Services Commission (JFSC) publish the AML / CFT Handbooks, which outline the legislative and regulatory requirements for the prevention and detection of money laundering and the financing of terrorism. You can click here to view the Handbooks.
At the end of the AML course, users will have:
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An understanding of what money laundering is.
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An understanding of Jersey-specific legislation.
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An understanding of how to identify suspicious activity.
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An understanding of the risk-based approach (RBA).
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An awareness of your CDD and KYC obligations.
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An understanding of your reporting obligations.
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An understanding of terrorism financing.
What are AML measures?
AML and CFT frameworks have a layered-style structure, in which international initiatives shape local laws and guidance, which ultimately shapes your company’s policies and procedures. It’s very useful to have an understanding of the different AML and CFT frameworks when discussing appropriate AML and CFT measures.
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International Initiatives
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Sanctions
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Primary Legislation
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Secondary Legislation
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Regulatory Powers
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Guidance
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Codes of Practice
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Internal Policies and Procedures
Pricing
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Number of licences |
Price per licence |
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1 – 10 |
£65 |
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11 – 24 |
£60 |
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25 – 49 |
£55 |
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50 – 74 |
£50 |
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75 – 99 |
£45 |
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100+ |
POA |
In partnership with
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SIFS has partnered with eLearning experts Duality, to provide world-class modules to our global financial services audiences. Duality blends human expertise with cutting-edge AI to deliver enhanced learning solutions for professionals. Their aim is to empower firms to build knowledgeable teams and navigate complex regulatory environments with confidence.
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SIFS has partnered with eLearning experts CORR, to provider world-class modules to our global financial services audiences. CORR works with leading subject matter experts in the design of all modules.
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