Practice

Practice by topic.

Pick a topic and start solving in one click. Difficulty rises as your accuracy does.

Foundations

AML Fundamentals

What money laundering is, who regulates it, and how a compliance programme is structured end to end.

Questions
4 + AI
Difficulty
Beginner
Competency
Untested

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.

Questions
3 + AI
Difficulty
Beginner
Competency
Untested

Customer Due Diligence

Customer Due Diligence (CDD)

The baseline set of measures applied to every customer to understand identity, ownership and purpose.

Questions
3 + AI
Difficulty
Intermediate
Competency
Untested

Customer Due Diligence

Enhanced Due Diligence (EDD)

Additional scrutiny applied where risk is high: deeper sourcing, senior approval, tighter review cycles.

Questions
2 + AI
Difficulty
Advanced
Competency
Untested

Risk Management

Customer Risk Assessment

Scoring customers across geography, product, channel and behaviour to set the treatment tier.

Questions
2 + AI
Difficulty
Intermediate
Competency
Untested

Customer Due Diligence

Politically Exposed Persons (PEP)

Customers entrusted with prominent public functions, and the corruption risk they carry.

Questions
2 + AI
Difficulty
Intermediate
Competency
Untested

Risk Management

Transaction Monitoring

Rules, thresholds, tuning and alert disposition — turning data into defensible suspicion.

Questions
2 + AI
Difficulty
Advanced
Competency
Untested

Reporting

Suspicious Transaction Reports (STR)

How suspicion is formed, escalated, written up and filed — and what tipping off means.

Questions
3 + AI
Difficulty
Intermediate
Competency
Untested

CFT

Sanctions

Screening, list management, false positives, and the strict-liability nature of sanctions breaches.

Questions
2 + AI
Difficulty
Advanced
Competency
Untested

Customer Due Diligence

Beneficial Ownership

Identifying the natural persons who ultimately own or control a legal entity, through every layer.

Questions
2 + AI
Difficulty
Advanced
Competency
Untested

The Three Stages

Layering

Moving funds through complex chains of transfers and entities to sever the audit trail.

Questions
1 + AI
Difficulty
Intermediate
Competency
Untested

Typologies

Trade Based Money Laundering

Mis-invoicing, phantom shipments and over/under-valuation used to move value across borders.

Questions
1 + AI
Difficulty
Expert
Competency
Untested

CFT

Terrorist Financing

Funding violence with small, often legitimate-source amounts — the mirror image of laundering.

Questions
1 + AI
Difficulty
Intermediate
Competency
Untested
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