About Course

Gain specialized expertise in compliance for Designated Non-Banking Financial Professions (DNBFPs) with the Certified Compliance Officer – DNBFP (CCO-DNBFP) program. This certification equips professionals with the essential skills and knowledge to manage regulatory risks, implement AML/CFT frameworks, and ensure full compliance with global and regional standards. Ideal for legal, audit, and compliance officers across sectors like real estate, law firms,  precious metals, accounting, and company formation.

What Will You Learn?

  • 🌐 Understand the global framework of Anti-Money Laundering (AML) regulations and standards.
  • 🔍 Identify money laundering techniques, typologies, and red flag indicators.
  • 📝 Develop and implement effective AML policies, procedures, and internal controls.
  • 🏦 Apply Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) processes.
  • 🚨 Recognize and report suspicious transactions in accordance with legal obligations.
  • ⚖️ Gain insights into the roles of regulatory authorities, Financial Intelligence Units (FIUs), and law enforcement agencies.
  • 🛡️ Apply a risk-based approach to AML compliance and assess institutional AML risks.
  • 📊 Understand AML audit, testing, and the importance of continuous monitoring.
  • 🌱 Stay updated with emerging trends, such as virtual assets and digital money laundering schemes.
  • 🥇 Build the foundational knowledge required to advance in AML, compliance, and financial crime prevention careers.

Course Content

🧱 Module 1: Foundations of AML & CTF
🔹 Module Summary This module introduces Designated Non-Financial Businesses and Professions (DNFBPs) to the core principles and obligations under global Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regimes. You’ll gain a clear understanding of: The mechanics and risks of money laundering (ML) and terrorist financing (TF) How these crimes differ, yet often intersect The legal frameworks around predicate offenses and proceeds of crime The specific role and responsibilities of DNFBPs in the fight against financial crime Key regulatory concepts like Enhanced Due Diligence (EDD), Suspicious Activity Reporting (SAR), tipping off, and whistleblowing By the end of this module, you’ll be better equipped to identify red flags, understand legal requirements, and build a culture of compliance.

  • 📚 1.1 What Is Money Laundering?
  • 📚 1.2 What Is Terrorist Financing?
    14:57
  • 📚 1.3 Key Differences: Money Laundering vs. Terrorist Financing
  • 📚 1.4 Predicate Offenses & Proceeds of Crime
  • 📚 1.5 DNFBPs: Definition & Importance in AML/CTF
  • ✅ 🧠 Module 1 Review Quiz (10 Questions)

🧱 Module 2: Risk-Based Approach & AML/CTF Program Design
🔹 Module Summary This module explains how DNFBPs can design an effective, compliant, and risk-sensitive AML/CTF program. It emphasizes the Risk-Based Approach (RBA), which is now a global standard promoted by FATF and regulators worldwide. DNFBPs will learn to: Identify and assess ML/TF risks based on client profile, geography, services, and delivery channels. Implement proportionate controls (e.g., CDD, EDD, monitoring) aligned with their business risk exposure. Document, audit, and adapt their compliance programs over time. Recognize real-life enforcement actions related to weak risk controls in DNFBP sectors.

🧱 Module 3: Customer Due Diligence (CDD) & Beneficial Ownership
🔹 Module Summary This module provides a deep dive into Customer Due Diligence (CDD) — the process of identifying and verifying clients and understanding the nature of the business relationship. It also explains how DNFBPs must identify beneficial owners — the true individuals who own or control clients — and apply ongoing due diligence throughout the client lifecycle. You’ll learn: How to conduct standard, simplified, and enhanced CDD What documents and tools are acceptable for verification How to identify and record beneficial ownership, even through layered structures What triggers re-verification or escalation Real-world DNFBP enforcement cases involving CDD failures

🧱 Module 4 – Suspicious Activity Reporting (SAR/STR) Essentials
🔹 Module Summary This module guides DNFBPs through the process of identifying, documenting, and filing Suspicious Activity Reports (SARs) — also called Suspicious Transaction Reports (STRs) in some jurisdictions. SARs are one of the most powerful compliance tools in AML/CTF programs, but also the most sensitive. By the end of this module, you’ll be able to: Understand what qualifies as “suspicious” Know how to recognize indicators that trigger a SAR Learn how to file a legally compliant, useful SAR Avoid tipping off clients Respond to regulatory expectations and protect your firm

🧱 Module 5 – Enhanced Due Diligence (EDD) & High-Risk Clients
🔷 Module Summary Enhanced Due Diligence (EDD) is a critical escalation step within the AML framework, activated when a client or transaction presents heightened risk — due to geography, structure, affiliation, or behavior. This module helps DNFBPs: Understand when and how to apply EDD Implement thorough reviews for PEPs, high-risk countries, trusts, crypto, and complex ownership Document EDD outcomes effectively for audit and regulatory review Avoid “tick-box EDD” and focus on true risk mitigation

🧱 Module 6 – AML for Specific DNFBP Sectors
📘 Module Summary This module provides targeted AML/CTF guidance for each type of DNFBP (Designated Non-Financial Businesses and Professions), aligned with FATF Recommendations and national laws. You will learn: The unique ML/TF risks in each sector Common methods used by criminals to exploit these professions Key regulatory obligations (e.g., CDD, EDD, SAR filing) Sector-specific red flags and real-life case studies Practical controls tailored for legal, real estate, accounting, and other DNFBPs

🧱 Module 7 – Reporting Suspicious Activity & Tipping Off
📘 Module Summary In this module, DNFBPs will: Understand what constitutes a Suspicious Transaction Report (STR) or Suspicious Activity Report (SAR) Learn the legal obligation to report suspicions, even if the transaction is not completed Recognize the serious implications of tipping off Learn how to protect confidentiality while collecting, escalating, and filing information Use decision tools to determine when to report — and how to document defensibly

🧱 Module 8 – AML Case Studies & Sector Simulations
📘 Module Summary This module brings together the theory, red flags, reporting duties, and controls covered throughout the course. Learners will: Examine real-world AML case studies involving DNFBPs (lawyers, accountants, real estate, TCSPs, DPMS) Practice risk-based decision-making through simulations Learn how regulators and FIUs handled similar red flags Test their ability to spot suspicious behavior and defend decisions

Final Exam

Exam Final

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