Overview
Overview
This certificate is bestowed by the Global Association of Certified KYC Specialist (Go-AKS) which is a globally recognized association, acknowledged in over 180 countries.
Enrolment and Access Procedure:
- Payment and Course Access:
- Upon payment, candidates gain access to the course materials.
- This includes the ability to download the study e-booklet that covers the full syllabus for G-CAMO.
- Study Materials:
- The e-booklet provided contains comprehensive information on all topics required for the Certified Anti Money Laundering Officer (G-CAMO).
- Final Exam Details:
- After studying, students can attempt the final exam.
- The final exam consists of multiple-choice questions (MCQs) and can be taken online at any time convenient to the student.
- Candidates have two attempts to pass the final exam.
- Scoring and Retakes:
- A passing score of 85% is required.
- There are no negative marks for incorrect answers.
- However, skipping questions will result in negative marks.
- If all two initial attempts are exhausted, each subsequent exam attempt will incur a fee of $19 USD.
Curriculum: Globally Certified Anti Money Laundering Officer (G-CAMO)
1. Understanding the Evolution of AML/KYC Practices
- Historical Context
- Key Milestones
- Impact on Financial Institutions
2. Risks and Methods of Money Laundering and Terrorist Financing
- Overview of Money Laundering
- Defining Money Laundering and Its Stages
- Economic and Social Impacts
- Detailed Case Examples
3. Emerging Trends in Global Financial Crimes
4. Dynamic Risk Assessment in AML/KYC
- Principles of Risk Assessment
- Tools and Technologies in Risk Assessment
5. Techniques of Money Laundering
- Money Laundering Through Financial Institutions
- Money Laundering Through Nonbank Financial Institutions
6. Advanced Techniques for Detecting Illicit Activities
- Pattern Recognition
- Machine Learning Applications
- Behavioral Analysis
7. Comprehensive Analysis of Financial Institutions in Money Laundering
- Banking Sector Vulnerabilities and Mitigation
- Non-Bank Financial Institutions and Risk Management
8. AML/KYC Challenges in High-Risk Industries
- Identifying High-Risk Sectors
- Tailored Compliance Strategies
- Challenges in Implementation
- Case Studies
9. Enhanced Due Diligence (EDD) for High-Risk Customers
- Key Components of Enhanced Due Diligence
- Implementation of Enhanced Due Diligence
10. Advanced Suspicious Activity Reporting (SAR) Processes
- SAR Decision-Making
- Technological Innovations and Case Studies
11. Terrorism Financing and Financial Crimes Nexus
- Interconnections and Case Studies
- Detection and Disruption Strategies
12. Detecting Terrorist Financing
- Detection Techniques and Case Examples
- Informal Value Transfer Systems
- Use of Nonprofit Organizations and Social Media
13. Red Flags in Money Laundering and Terrorist Financing
- Unusual Customer Behavior
- Unusual Customer Identification Circumstances
- Unusual Transactions
14. Trade-Based Money Laundering (TBML)
15. Human Smuggling and Human Trafficking
16. Potential Terrorist Financing
17. Cyber Criminal Activity
18. Monitoring and Screening
- Automated AML/CFT Solutions
- Adverse Media Screening
- Economic Sanctions
- Sanctions List Screening
- Politically Exposed Persons Screening
- Know Your Employee (KYE)
- Suspicious and Unusual Transaction Monitoring and Reporting
19. International AML/CFT Standards
- Financial Action Task Force (FATF)
- Basel Committee on Banking Supervision (BCBS)
- European Union Directives
- Regional Bodies and Other Influencing Organizations
20. Conducting and Responding to Investigations
- Investigations Initiated by Financial Organizations
- Investigations Initiated by Law Enforcement
- Communicating with Law Enforcement on SARs
- Decision to Prosecute a Financial Organization
- Responding to a Law Enforcement Investigation
- Monitoring and Cooperating with Law Enforcement
21. KYC for Different Corporate Structures and Entity Types
- Detailed understanding of KYC requirements for various corporate structures and entity types.
22. KYC Attributes
- Comprehensive knowledge of all key attributes required in Corporate KYC.
23. Introduction to Risk Assessment in KYC/AML
This syllabus outlines the comprehensive range of topics that candidates need to study to prepare for the Globally Certified Anti Money Laundering Officer (G-CAMO) Certification, ensuring they possess a deep understanding of KYC processes, regulatory frameworks, risk assessment techniques, and the application of technology in enhancing KYC and AML procedures.
Course Features
- Lecture 1
- Quizzes 2
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 41418
- Assessments Self
Curriculum
Curriculum
Reviews
Reviews
Requirements
- There are no prerequisites for this course.
- Computer or Mobile with Internet connection.
Target audiences
- Graduate students studying finance, business administration, or law who wants to pursue career in compliance
- KYC professionals seeking to enhance their knowledge of KYC principles and practices to improve their employability in the compliance industry.