Know your responsibilities under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) with Mentor Education’s nationally recognised FNSSS00010 Anti Money Laundering and Counter Terrorism Skill Set.
Today’s modern financial services professionals are faced with significant challenges to both monitor and detect suspicious and illegal transactions. The nationally recognised FNSSS00010 Anti-Money Laundering and Counter Terrorism Financing Skill Set) delivered by Mentor Education has been developed to cater to the needs of individuals undertaking customer due diligence, reporting and record keeping.
According to Training.gov.au, Mentor Education (RTO 21683) are one of the only providers in Australia delivering this nationally recognised accredited Skill Set.
This qualification covers Anti-Money Laundering and Counter Terrorism Financing topics including:
How to assess financial products
Compliance with legislation.
The AML/CTF Act risk-based approach to regulation.
The minimum obligations set out in the AML/CTF Act and AML/CTF Rules.
Risk management and how to assess the risks of potential money laundering or terrorism financing when providing a designated service to a customer.
Obligations for business and individuals including ‘know your customer’, transaction monitoring and ongoing customer due diligence.
Units of competency studied as part of this Skill Set cater to the needs of professionals undertaking roles where it is essential to adhere to anti-money laundering and counter terrorism financing regulatory obligations.
Enquire about this course
Get your free course guide now! Complete this easy form and you'll also receive a course consultation with Mentor Education.