Undergraduate Diploma in Anti-Money Laundering and Compliance

Unlock a comprehensive understanding of anti-money laundering (AML) and compliance practices through our cutting-edge programme. This course is designed to equip you with the essential skills to combat financial crimes, including AML and Countering the Financing of Terrorism (CFT).

Delving into the intricacies of money laundering and terrorist financing, you will gain insights into their impact on countries and economies. Our curriculum focuses on effective tools and strategies to protect against money laundering and terrorist funding, adhering to both Maltese and international financial crime laws and regulations.

Learn to manage control frameworks to safeguard regulated firms from being exploited by criminals or financiers of terrorism. Assess the strengths and weaknesses of AML frameworks, aligning with the guidelines set by the Financial Action Task Force (FATF).

Stay ahead of emerging risks and future trends our course also introduces new supervisory authorities formed in response to these evolving challenges. Enrol now and become a proactive force in the fight against financial crimes.

The learner will be able to:

• Explain the Money Laundering/ Terrorism Financing (ML/TF) risks in line with the country’s Money Laundering/Terrorism Financing (ML/TF) risk profile
• Describe the Anti-Money Laundering (AML) and international financial crime risks that must be managed by a regulated firm
• List Maltese and international financial crime laws, regulations and sources of best practices that are applicable to local and foreign financial institutions operating in Malta
• Identify strengths and weaknesses of Anti-Money Laundering (AML) frameworks in line with the Financial Action Task
• Force (FATF) recommendations
• Identify and analyse Money Laundering/Terrorism Financing (ML/TF) typologies and highlight red flags
• Apply the legislation, laws, policies and procedures surrounding money laundering
• Demonstrate an understanding of how to address de-risking, sanctions, and how the supervisory authorities interact in carrying out Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regulation

Prerequisites

Candidates who apply for this course must possess the following:

• A qualification at MQF Level 4 (one A-level or equivalent in any subject); AND
• A pass in English Language and Mathematics at MQF Level 3 (O-level or equivalent)

Target Audience

This programme is targeted at people within the financial and banking sector, as well as other individuals seeking professional and academic advancement in AML and compliance.

Career Paths

The possible positions for which this programme aims to prepare you include, but are not limited, to:

• Compliance supervisor/manager
• Money laundering reporting officer (MLRO) and their deputies
• Police and FIAU/FCID staff
• Managers with responsibilities for internal AML controls
• Risk managers
• Accountants
• Lawyers
• Company secretaries

Modules

Complete all modules to get your qualification

How you’ll be assessed

This is a part-time programme and will typically take 15 months to complete. The programme comprises a total of 10 modules. The method of assessment is assignment-based.

The course comprises:

• 6 lectures per module
• 3-hour lectures (evening)
• 12 hours of guided learning and presentations, comprising synchronous online discussions, tutorials and/or videos
• Self-study hours comprising research, reading and assignment work

IDEA College is Malta’s largest private further education institution focused on cultivating future leaders through specialized and accredited courses. With a philosophy centred around the students, IDEA College designs its part-time courses to seamlessly integrate into the personal and professional schedules of its attendees.

The curriculum is deeply rooted in industry needs, equipping students with practical skills and knowledge essential for success in their careers. The Academy distinguishes itself with personalized attention, access to expert mentors, an extensive resource library, and flexible payment options.

IDEA College offers a diverse range of programs, from introductory courses to advanced degrees from MQF/EQF level 4 all the way through Doctorate programs, all within a supportive, student-first environment.