In today’s complex regulatory environment, corporate executives face unprecedented challenges in Anti-Money Laundering (AML) compliance. With UK fines for AML breaches reaching £573.9 million in 2021, effective training isn’t just about compliance, it’s about business survival. ABM Digital Training provides comprehensive, expert-led AML training specifically designed for corporate leadership teams.
Understanding the Stakes: AML Compliance in 2024
Current Regulatory Landscape
- Implementation of the UK’s Economic Crime and Corporate Transparency Act 2023
- Enhanced due diligence requirements under MLR 2017 (as amended)
- New FCA focus areas for AML supervision
- Cryptocurrency regulations and the Travel Rule implementation
Risk of Non-Compliance
- Average AML fine in the UK: £16.5 million (FCA data, 2023)
- Personal liability for senior managers under SMCR
- Reputational damage and business disruption
- Criminal proceedings and potential imprisonment
Comprehensive Executive AML Training Programme
Module 1: AML Regulatory Framework (Week 1)
- UK Money Laundering Regulations 2017 (as amended)
- Proceeds of Crime Act 2002
- Terrorism Act 2000
- FCA Handbook requirements
- Senior Managers and Certification Regime (SMCR)
Module 2: Risk Assessment & Management (Week 2)
- Enterprise-wide risk assessment methodology
- Customer risk profiling
- Geographic risk factors
- Product and service risk evaluation
- Distribution channel risk assessment
Module 3: Customer Due Diligence (Week 3)
- Enhanced Due Diligence (EDD) requirements
- Simplified Due Diligence (SDD) applications
- Beneficial ownership verification
- Ongoing monitoring requirements
- Transaction screening protocols
Module 4: Technology & AML (Week 4)
- AI and machine learning in AML
- Transaction monitoring systems
- Screening tools evaluation
- RegTech solutions
- Blockchain analytics
Training Methodology
Blended Learning Approach
- In-Person Sessions (2 days per month)
- Expert-led workshops
- Case study discussions
- Peer learning opportunities
- Network building
- Online Modules (Self-paced)
- Interactive learning materials
- Video presentations
- Knowledge checks
- Resource library access
- Practical Applications
- Real-world scenario analysis
- Mock investigations
- Policy development workshops
- Risk assessment exercises
Expert Training Team
Lead Trainers
- ABM Ashabul Hossain, ACCA, FCPA, MICA, MCSI
- 30+ years in financial services regulation
- Former advisor to NASDAQ-listed companies
- Expert in international regulatory frameworks
- Shahid Mahmood, FCCA
- Former Deloitte Risk Management Supervisor
- Specialist in e-money and payment institutions
- 6+ years in regulatory compliance consultancy
Measurable Outcomes & Benefits
After Completing This Programme, Executives Will:
- Develop comprehensive AML policies aligned with UK regulations
- Implement risk-based approach to AML compliance
- Establish effective transaction monitoring systems
- Create strategic staff training programmes
- Design audit-ready documentation processes
ROI Metrics
- Average cost savings from improved compliance: £50,000+ annually
- Reduction in false positives: 40%
- Faster customer onboarding: 60% improvement
- Reduced audit findings: 75% decrease
Industry-Specific Focus
Tailored Training for:
- E-Money Institutions
- Payment Service Providers
- Real Estate Agencies
- Accounting Firms
- Cryptocurrency Platforms
- Banking Institutions
Professional Certification
- FCA-recognized certification
- CPD points awarded
- Annual refresher courses available
- Membership in ABM Alumni Network
Client Success Stories
The executive AML training program transformed our compliance approach. We’ve seen a 70% reduction in regulatory queries and significantly improved our risk management capabilities.” – CEO, UK Payment Institution
Investment in Your Business’s Future
Programme Fee Includes:
- Comprehensive training materials
- 12 months access to online resources
- Quarterly regulatory updates
- One-on-one consultation session
- Network events access
Take Action Today
Protect your organization by ensuring your executive team is properly trained in AML compliance. Located in London’s financial hub, we offer flexible training schedules to accommodate busy executive calendars.
Contact Information
- Address: Suite 3h & 3g, 10-16 Tiller Road, Canary Wharf, London, E14 8PX
- Phone: +44 207 515 7080
- Email: info@abmdigitaltraining.com
Schedule a Consultation
Contact us today to discuss your organization’s specific training needs and receive a tailored proposal for your executive team.
