The AML/CTF programs e-learning course is designed for business audiences. It supports management and staff to implement a risk-based AML/CTF program. The course combines on-line learning with a practical approach of learning through doing.   1.0 - Fundamentals of AML/CTF programs 2.0 - AML/CTF program: Part A (general) 3.0 - AML/CTF program: Part B (customer identification) 4.0 - Risk assessment for your AML/CTF program 5.0 - Implementing and monitoring your AML/CTF program     2.0 - AML/CTF program: Part A (general)   The AML/CTF Act adopts a risk-based approach to AML/CTF. This gives reporting entities the flexibility to address and deal with money laundering and terrorism financing (ML/TF) risks they may reasonably face in ways that are relevant to the nature, size, complexity and resources available to their business. These factors will determine how Part A components are applicable to a business and the level of detail that should be documented in the AML/CTF program.     Sections   2.1 Adding ML/TF risk management to existing risk management strategies 2.2 Oversight by boards and senior management 2.3 Risk awareness training programs for staff 2.4 Employee due diligence 2.5 Appointing an AML/CTF Compliance Officer 2.6 Independent review 2.7 AUSTRAC feedback 2.8 Permanent overseas establishments 2.9 Risk indicators for an inadequate Part A 2.10 Part A for designated business groups   Summary Tools and resources Test yourself Awareness training review worksheet (pdf 21kb) Employee due diligence review worksheet (pdf 21kb)   This module is also available in a printable format: Module 2: AML/CTF programs: Part A (general) (pdf 179kb) Modules 1-5: AML/CTF programs (pdf 1391kb) Module 2: Quiz and answers (flash 1641kb) Module 2: Quiz (pdf 56kb) Module 2: Quiz answers (pdf 56kb)

AML/CTF programs user guide

This e-learning course is designed to help managers and staff responsible for implementing an AML/CTF program within their organisation. The course provides three key functions;

• to provide a structured program of on-line learning using the five modules and self-administered learning checks
• to provide tools and resources that can be used for learning-by-doing activities in the business to assess the internal environment of the organisation to better enable the implementation of an AML/CTF program
• to provide an on-going reference to concepts and resources that can be used in the monitoring and continual improvement of the organisation's AML/CTF program

Users of the program are encouraged to study the modules and check their learning of the concepts using the on-line learning facility. However it is equally important to turn away from the computer and to use the tools and resources as a means of learning-by-doing to actively assess, plan and take actions to implement, monitor and improve their own organisation's AML/CTF program. It is important for users to understand the unique ML/TF risks facing their own company so that it can implement a risk-based AML/CTF program that suits its business and resources.

Whilst the e-learning course is structured to follow a sample risk-management method, its navigation features also allow it to be used as an ongoing reference in the everyday work of implementing and managing an AML/CTF program.

Prior to commencing the e-learning course we reccomend you to download the latest version of Adobe Acrobat (PDF) and Adobe Flash Player (Flash).