Learn
Twenty-six topics that take you from zero to job-ready.
Each topic is built the same way: a definition, why it exists, a real example, a diagram, the mistakes people actually make, and a quiz that checks you understood rather than memorised.
Customer Due Diligence
Know Your Customer (KYC)
The process of identifying and verifying who a customer really is, understanding their expected activity, and keeping that understanding current.
Foundations
AML Fundamentals
What money laundering is, who regulates it, and how a compliance programme is structured end to end.
Foundations
Money Laundering
The process of disguising criminal proceeds so they appear to come from a legitimate source.
The Three Stages
Placement
Introducing illicit cash into the financial system — the stage where laundering is most detectable.
The Three Stages
Layering
Moving funds through complex chains of transfers and entities to sever the audit trail.
The Three Stages
Integration
Returning laundered value to the economy as apparently legitimate wealth.
Customer Due Diligence
Customer Due Diligence (CDD)
The baseline set of measures applied to every customer to understand identity, ownership and purpose.
Customer Due Diligence
Enhanced Due Diligence (EDD)
Additional scrutiny applied where risk is high: deeper sourcing, senior approval, tighter review cycles.
Customer Due Diligence
Beneficial Ownership
Identifying the natural persons who ultimately own or control a legal entity, through every layer.
Customer Due Diligence
Politically Exposed Persons (PEP)
Customers entrusted with prominent public functions, and the corruption risk they carry.
Customer Due Diligence
Source of Funds
Where the specific money in this transaction came from — and how you evidence it.
Customer Due Diligence
Source of Wealth
How the customer's overall net worth was accumulated across their lifetime.
Institutional Risk
Correspondent Banking
Banking other banks — nested relationships, downstream risk, and why it fails so often.
Typologies
Shell Companies
Entities with no meaningful operations, used to obscure ownership and layer proceeds.
Typologies
Trade Based Money Laundering
Mis-invoicing, phantom shipments and over/under-valuation used to move value across borders.
CFT
Terrorist Financing
Funding violence with small, often legitimate-source amounts — the mirror image of laundering.
CFT
Sanctions
Screening, list management, false positives, and the strict-liability nature of sanctions breaches.
Reporting
Suspicious Transaction Reports (STR)
How suspicion is formed, escalated, written up and filed — and what tipping off means.
Reporting
Cash Transaction Reports (CTR)
Threshold-based cash reporting, aggregation rules and structuring detection.
Risk Management
Risk Based Approach
Allocating control effort in proportion to assessed risk — the organising principle of modern AML.
Risk Management
Customer Risk Assessment
Scoring customers across geography, product, channel and behaviour to set the treatment tier.
Risk Management
Transaction Monitoring
Rules, thresholds, tuning and alert disposition — turning data into defensible suspicion.
Regulation
FATF
The global standard setter: 40 Recommendations, mutual evaluations, grey and black lists.
Regulation
PMLA, 2002
India's principal anti-money laundering statute: obligations, records, ED powers and attachment.
Regulation
RBI Guidelines
The RBI Master Direction on KYC and its operational expectations for banks and NBFCs.
Regulation
SEBI Guidelines
AML obligations across intermediaries, KRAs and the securities market value chain.
Regulation
International Standards
Wolfsberg, Basel CDD, EU AMLD and how cross-border expectations interact.