Summary
The AML Risk Assessment course is a comprehensive online training course aimed at providing Credit Union Compliance Officers with the necessary knowledge and skills to enable them to complete the annual Risk Assessment.
Taking a very practical hands-on approach, this course will set out a sound methodology and provide a step-by-step guide to conducting the annual risk assessment, reporting it, and then ensuring that a Credit Union’s Anti-Money Laundering policy, procedures and resource deployment are correctly aligned with the risks.
Benefit to you
This course is designed to provide you with the ability to:
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Understand the AML/CFT* risk factors applying to credit union products, services and operations
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Conduct and report the business-wide risk assessment
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Identify the AML/CFT risk factors applying to members and transactions; conduct and report the associated inherent risk
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Assess control efficacy and analyse residual risk
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Calibrate appropriate controls and risk responses and reflect these in policy and procedure
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Optimise AML/CFT function resource deployment and maximise control efficacy
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Appreciate the importance of concise, accurate and informative reporting on the conduct and outcomes of the risk assessment
*AML – Anti-Money Laundering
CFT – Countering Financing of Terroris
Fee
€375 for LIA members
Certification of Completion
By successfully completing this course you will receive A Certificate of Completion from LIA.
CPD
8 Hours Continuous Professional Development (CPD) is awarded on successful completion of this course.
Find out more
For more information about this course please contact our education team education@lia.ie or 01 456 3890
Alternatively, you can register your interest here to receive more information.
How to Register
If you are an LIA member you will be prompted to log into your LIA account.
If you are not an LIA member you can create an LIA account by selecting the 'sign up' option when you enrol.
Key Dates
This course is available on demand, allowing you to complete the modules at your own pace. You will have access to the course content for 90 days from your enrolment date.
Delivery and Assessment
This online course, delivered on LIA Elevate, consists of eight two-hour modules designed for self-paced, self-directed learning. Modules are completed sequentially, with each followed by a brief multiple-choice quiz to assess your understanding.
You can progress through the modules at your convenience, allowing you to manage your learning in your own time.