AML Foundations for Cryptoasset and Blockchain
Protect Your Business From the Financial Crime Risks Associated With Cryptoassets
How do financial criminals utilize cryptoassets to launder money, and what are the key red flags you should look out for? To protect your business from the financial crime risks associated with cryptoassets, you need a robust understanding of financial crime prevention principles and the practices surrounding them.
This foundation course will provide you with real-life case studies and introduce you to the principles underpinning financial crime prevention and anti-money laundering (AML) for crypto. In addition, it will enable you to understand the AML risks unique to cryptoassets.
Course Content
ACAMS has developed three certificates to help anti-financial crime (AFC) professionals understand the AML crypto landscape and improve their organization’s AML practices regarding crypto. The AML Foundations for Cryptoasset and Blockchain Certificate explores financial crime typologies and risks, and how they pertain to crypto. The course explains the AML compliance role – from controlling risks to research and reporting in the context of crypto.
Case examples are used throughout the training course to illustrate real-world considerations and best practices for AML cryptocurrency and blockchain. You can test your knowledge as the training progresses with regular review questions.
You’ll learn to
- How money laundering, fraud, and tax evasion happen in cryptoassets
- How to spot financial crime risks and red flags specific to cryptoassets
- How risk is controlled and managed across key compliance measures and functions
- How to identify which customer information is relevant and important for cryptoassets
- The process for identifying, researching, and reporting unusual and suspicious customer activity
Intended audience
This certificate is suitable for professionals who have responsibility for AML crypto compliance. This includes those working in crypto firms, and also those working in traditional financial services looking to diversify their skillset and build an understanding of cryptocurrency and effective AML programs. Graduates of this course will be able to identify and mitigate common methods of financial crime linked to cryptoassets and will be optimally prepared to progress on to our specialist CCAS Certification.
Course structure
- Online and self-paced
- Four hours of coursework
- Four weeks to complete
- Pass a 20-question final assessment to receive your certificate (results available immediately)
Next steps
The AML Foundations for Cryptoasset and Blockchain Certificate is one of three crypto certificates that make up our Certified Cryptoasset Anti-Financial Crime Specialist (CCAS) program. If you complete each of the certificates and pass the proctored exam, you will earn the CCAS designation. Find out more about becoming CCAS-certified here.
FAQs
Criminals have exploited cryptocurrency for money laundering, cybercrime, fraud and sanctions evasion. As with fiat currency, anti-money laundering (AML) regulations and controls are in place to limit the use of crypto currency for criminal gain. Compliance professionals working within the crypto field need to be aware of the suspicious behaviors and red flags related to cryptocurrency, blockchain and AML regulations that they must adhere to.
AML cryptocurrency and AML blockchain roles can be found on compliance teams at crypto firms. AML professionals working in traditional financial services may also benefit from learning about AML related to cryptocurrency, in order to diversify and futureproof their skillset.
This foundation-level certificate course is ideally suited for early compliance professionals, working in roles including AML specialist, analyst, or investigator. It will help you to understand the principles underpinning AML in cryptocurrency contexts and manage the financial crime risks relating to crypto and blockchain in your organization.
As you progress through your career in crypto AML, you may consider applying for CCAS – our specialist-level crypto AFC certification.
The study materials for this course are accessed online via the ACAMS learning management system (LMS). There is approximately four hours of online training to complete, including case studies and review questions to test your knowledge.
Study materials will be available to you on the ACAMS learning management system for a four-week period. The four weeks will start from the date you purchase the certificate. If you need to extend your access to the course materials, please contact us.
Currently, this course is only offered in English.
There are no prerequisites for taking this anti-money laundering crypto course. It is suitable for both new and experienced professionals working in compliance roles. It’s also relevant for anyone in an organization who would benefit from understanding the financial crime risks associated with crypto and blockchain.
Pricing
- Access your self-paced online course
- 400 hours of training webinars live and on demand
- Practitioner toolkits and best practice guides
- Perspectives from 115,000+ global members
- Discounts on all ACAMS products