Diploma in Financial Crime Compliance, Anti-Money Laundering and Combating the Financing Of Terrorism

Accredited by the Malta Further and Higher Education Authority ( MFHEA)

Level 5

Diploma

60 ECTS

12 months

Students, managers or aspiring managers who are keen to progress in their chosen career and want to broaden their knowledge, improve their skills and increase their competence in AML and in Financial Crime Compliance disciplines and functions. Furthermore are those who would like to specialize in these fields.

Prior to entering the Award Programme of study with the College, applicants should normally possess:

1. Prior to entering the Diploma in Financial Crime Compliance and AML programme, applicants are normally expected to be able to demonstrate a minimum of a Maltese matriculation certificate (or equivalent qualifications), with two subjects at an advanced level, three other subjects at an intermediate level and Systems of Knowledge, and a pass at Grade 5 or better in the English Language Secondary Education Certificate.
2. Alternatively, a prospective student can be admitted with three subjects at Advanced Level (MQF 4) (or equivalent qualifications), and a pass at Grade 5 or better in the English Language Secondary Education Certificate.
3. Alternatively, a prospective student can be admitted with two years experience in AML and Compliance roles or 3 years working experience in Business Administration Module List.

This course is assessed through the use of take home assignments – One, 2500 word assignment per module. Through this assessment method the students will be able to demonstrate both the theoretical and practical skills developed during their module learning.

For Local/EU Students:

For International Students:

Registration for this programme can be made either online through our online application form or in person. For more information please visit the Admissions Section here.

Face-to-face

Total hours : 1,500

Full-time, Part-time

• MLROs/MLPOs and their deputies;
• Complianc Officers and their deputies;
• Police and FIU/FCU staff;
• Managers with responsibilities for internal AML controls;
• Individuals who have completed Degrees related to Finance and Accounting;
• Lawyers;
• Company Directors and Secretaries;
• Compliance Officers and their deputies;
• Anyone who aspires to a career in anti-money laundering or financial crime prevention.

English

Link to Identity Malta’s VISA Requirement for third country nationals: https://www.identitymalta.com/unit/central-visa-unit/

The Diploma in Financial Crime Compliance, AML and CFT, consists of six awards/ modules that can be taken up separately. The programme is held on a Part-time basis. The duration of the programme is of 11 months and each award/ module takes around 6 weeks of lectures to complete (2 lectures per week, a study week and then a week dedicated to the completion of your assignment). This course is assignment based.

The learner will be able to:

• Make informed decisions to identify the risk profile of different clients based on research of the available options;
• Understand national legal and regulatory frameworks
• Take an AML/CFT Risk-based approach to managing risks
• Prepare to take initial and ‘ongoing’ Customer Due Diligence (CDD)
• Monitor activity and transactions
• Recognise and report suspicions
• Identify the vulnerabilities of specific services and products