Introduction to Anti–Money Laundering (AML) and Countering the Financing of Terrorism (CFT)
Money laundering and terrorist financing present significant risks to financial systems, institutions, and national security worldwide. As regulatory expectations increase, organizations and professionals are required to understand, identify, and mitigate these risks effectively.
This course provides a concise, practical overview of Anti–Money Laundering (AML) and Countering the Financing of Terrorism (CFT). It introduces key concepts, common typologies, global regulatory standards, and the core responsibilities of institutions and individuals in ensuring compliance.
Designed for professionals and beginners alike, this course equips learners with the foundational knowledge needed to recognize red flags, understand compliance obligations, and support the integrity of the financial system.
Features
- AML/CFT Fundamentals
- Regulatory Alignment (CBN, EFCC & SCUML)
- Risk-Based Compliance Approach
- Suspicious Transaction Indicators
- Reporting & Record-Keeping Obligations
- Roles & Responsibilities
- Practical Nigerian Case Scenarios
- Entry-Level & Professional Ready
- Certificate of Completion
Requirements
- Basic Literacy and Comprehension
Ability to read and understand instructional content in English. - No Prior AML/CFT Experience Required
This course is designed for beginners and professionals seeking foundational knowledge. - Interest in Compliance or Financial Services
Suitable for individuals working in or aspiring to work in banks, fintechs, DNFBPs, NGOs, or regulated businesses in Nigeria. - Access to a Digital Device
A computer, tablet, or smartphone capable of accessing the LMS platform. - Stable Internet Connection
Required to stream lessons, access materials, and complete assessments. - Commitment to Ethical and Regulatory Standards
Willingness to learn and comply with Nigerian AML/CFT obligations and best practices. - Assessment Participation
Completion of quizzes or assessments required to qualify for certification.
Curriculum
- 6 Sections
- 20 Lessons
- Lifetime
- Section 1Introduction to Money Laundering4
- Section 2Stages of Money Laundering4
- Section 3Anti-Money Laundering3
- Section 4Impact of Money Laundering on the Economy and Financial System1
- Section 5Countering the Financing of Terrorism (CFT)5
- Section 6Stages of Terrorism Financing4
FAQs
This course provides a foundational understanding of Anti–Money Laundering (AML) and Countering the Financing of Terrorism (CFT), with a focus on Nigerian regulatory requirements and global best practices.
The course is suitable for banking and fintech professionals, DNFBPs, compliance officers, business owners, students, NGOs, and anyone seeking AML/CFT awareness in Nigeria.
No. The course is designed for beginners and professionals seeking an introductory understanding of AML/CFT concepts.
Yes. The course is aligned with the expectations of Nigerian regulators, including the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), and the Special Control Unit Against Money Laundering (SCUML).
Yes. The course introduces SCUML registration obligations, reporting requirements, and compliance expectations for DNFBPs operating in Nigeria.
Yes. Participants who successfully complete the course assessments will receive a Certificate of Completion issued by Crowns Gents Consulting Services Limited.
The course is suitable for internal compliance awareness and capacity building. It does not replace institution-specific regulatory training or legal advice.
The course is delivered online via the LMS platform, allowing learners to study at their own pace.
Yes. Quizzes or assessments are included to reinforce learning and assess understanding.
No. This is an introductory course and does not confer professional AML certification. It provides foundational knowledge to support compliance roles and further professional training.
Yes. Corporate and group enrollment options are available through Crowns Gents Consulting Services Limited.
The course is self-paced and can typically be completed within a short period, depending on the learner’s schedule.
Certificate
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Instructor
The real-world case studies provided by the instructors made complex money laundering typologies clear. I now feel confident applying the risk-based approach effectively." (Senior Analyst, Financial Crime Unit)
The real-world case studies provided by the instructors made complex money laundering typologies clear. I now feel confident applying the risk-based approach effectively." (Senior Analyst, Financial Crime Unit)