- About FIBA
FIBA AMLCA + FIBA AMLCA
FIBA AMLCA (also available online)
Primary Course Objectives
Participants should be employed in the financial industry. Attendees are expected to complete a comprehensive pre-class reading list that will facilitate the successful completion of the exam. The reading list includes the most recent version of the FFIEC BSA/AML Manual, FinCEN and FATF advisories, and other relevant guidance.
Anticipated reading time: 10-15 hours
Who Should Attend
Module I: From Anti-Money Laundering to Counter Terrorist Financing
Module II: From Theory to Practice: A Risk-Based Approach to AML
Module III: Mitigating Risk with Internal Controls
Module IV: Finding the Red Flags of Money Laundering: Monitoring, Identifying, Investigating, & Reporting
Module V: Preparing for Audits & Regulatory Examinations
Module VI: Training & Communicating with Boards and Management
Online FIBA AMLCA Certification
When designing the FIBA AMLCA online certification program and exam, FIBA and FIU took into account the hectic nature of compliance officers' schedules. The online program is designed for self-directed independent study, and gives participants the flexibility to work at their own pace when completing the reading requirements, power point narratives, discussion questions, practice quizzes, and the examination. The online format utilizes a unique discussion forum in which students answer case-study questions and interact with classmates and the instructor. The only requirement is that all the work should be finished within a 12-week period. Passing the final exam to earn the prestigious FIBA AMLCA designation shows that the participant has acquired the fundamentals of AML compliance in a financial institution.
FIBA CPAML + FIBA CPAML
PRIMARY COURSE OBJECTIVES
The participant must already know the basics of AML compliance and analysis and have a minimum of three (3) years’ experience in a management or supervisory position.
Prior to the classroom program, participants must review the FIBA CPAML workbook, which consists of 8 case studies. During the classroom program, participants will complete the case-study exercises and actively contribute to discussions.
Who should attend
About the course
This advanced level course includes case studies and real examples of the challenges faced by the Senior AML Compliance Officer or AML Compliance Manager who is responsible for the entire AML compliance program at the institution. This certification focuses on the analysis and interpretative side of AML compliance that is necessary in a risk-based regulatory environment.
Classroom Training FIBA CPAML Certification
Attendees are required to complete 8 case studies and pass the exam to earn their certification.
In-House FIBA CPAML Certification
FIBA can certify the entire staff at financial institutions. Please contact FIBA to request information on group discounts.
The online examination consists of 3 essay questions that must be completed within a 3 hour and 30-minute time period. The candidate must demonstrate an understanding of the application of AML laws and regulations in a variety of 'real life” scenarios. Attendees passing the exam with an 80% or higher mark will receive the prestigious FIBA CPAML certification.
To maintain the certification in active status, attendees are required to participate in 10 hours of continuing AML education annually. Continuing AML education credits may be obtained through a variety of programs, such as the FIBA Anti Money Laundering Conference, FIBA webinars, select FIBA events, other approved AML training programs, or through in-house AML training at your institution.