ICA UK Brochure

Anti Money

Professional Laundering

qualifications and

programmes from Compliance

the International

Compliance Financial Crime

Association Prevention

Professional Qualifications and Key Features of ICA Certificates

Programmes from the and Diplomas

International Compliance Association  Vocational programmes within an academic discipline

The world in which we work is constantly changing. Events happen  Certificated

and circumstances change. Rules and regulations are developed and  Awarded in association with University of Manchester Business School*

implemented. Fresh challenges emerge, new processes and  Endorsed by the British Bankers’ Association

procedures are created and we must all respond accordingly.

Standing still is not an option and as the world continues to grow,  Comprehensive detailed course materials that can be used in

so must we develop ourselves. the workplace

 Content written by experienced industry practitioners

In the financial services sector we face many threats to reputation  Specialist modules

and monetary loss. It is vital that professionals like you working in

this environment understand these pressures and how they can be  Extensive support and resource material

met. The emphasis on having the right knowledge and skills cannot *Diploma and Advanced Certificate programmes only

be underestimated. Training and education play an important part,

equipping you with what you need in order that you fulfill your

responsibilities effectively and efficiently. Training and education Key Benefits

enhances understanding, enabling a confident approach to roles. It  Improved knowledge, developed skills

forms a critical part of any strategy that is designed to meet the  Enhanced workplace performance

challenges of today and tomorrow.

 Allows use of professional designations

We at the ICA understand this which is why, in association with  Potential for career progression

University of Manchester Business School, we have created a range  Professional membership of the International Compliance Association*

of qualifications, specifically designed to provide practical skills and

useful knowledge. All the programmes draw upon international  Reduced reputation and financial risk for firms

best practice and are relevant to you. The training leading up to the *Upon successful completion of an ICA Diploma programme

award of the qualifications is delivered by International Compliance

Training, (ICT). ICT have regional divisions in Singapore and in the

Middle East. ICA Qualifications and Programmes

The ICA is dedicated to the pursuit of excellence in Anti Money

The International Compliance Association believes in supporting Laundering, Compliance and Financial Crime Prevention. We offer

financial services professionals globally. We help you realise your detailed and comprehensive education programmes. For beginners and

ambitions, supporting you as you progress your career. Details of experienced practitioners alike, our certificate and diploma qualifications

the programmes that are available follow. A qualification from the increase knowledge, improve skills and enhance understanding. We

ICA can make a real difference to you and your organisation and have created a structure of learning for all to follow. Based upon your

your journey starts here. experience to date, you can select the most appropriate level and

progress from there.









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Anti Money Laundering

Professionals working in money laundering prevention already understand the benefits of, and regulatory requirements for, training in this

area. The ICA programmes are some of the foremost available and one of the few that offers a truly contextual perspective on anti money

laundering. Each member of staff, regardless of position, has a role to fulfil in safeguarding the reputation of their firms and minimising the

threat. So it is vital that all be fully trained with the necessary skills and knowledge. ICA programmes can help meet that requirement.





ICA Certificated Anti Money Laundering Awareness Training

This programme is an excellent introduction to anti money laundering for all Core Modules  UK Anti Money Laundering

staff and covers the fundamentals of prevention. It explains to staff what they  Understanding Money Laundering Regime

need to know in order to understand their responsibilities and the part they

 Anti Money Laundering Laws  EU Directives

play in preventing money laundering. The course provides a good basis on

which to develop further knowledge.  Identifying Money Laundering  The Financial Action Task Force

Activity Specialist Modules

The ICA Certificated Anti Money Laundering Awareness programme reflects  Handling the Risk of Tipping off  Trust and Company Module

the external environment today. Focusing on relevant best practice, legislation  Terrorist Financing – How does it  Banking Module

and regulations, it examines what constitutes money laundering activities and differ from money laundering?  Insurance and Investment

terrorist financing. Elements involved in the reporting of suspicious transactions  Politically Exposed Person Risk Business Module

are explored, including tipping off and politically exposed person risk. The (PEP Risk)

Programme focuses on current major issues that impact upon the money  Management Module

laundering prevention role.



By the end of the course, you will have a clear understanding of the anti money Who the course will  Staff with specific anti money laundering

laundering function and the surrounding context. A wider awareness of the Benefit duties

external arena is given in readiness for future development.

 All staff working in financial services and

related industries who want an

introduction to anti money laundering

 Anyone who aspires to a career in anti

This training programme will satisfy the regulatory money laundering or fraud prevention

requirements for verifiable learning for all staff to

Key Features  1 – 3 months duration

understand their anti money laundering responsibilities,

and it is an excellent programme to be run in-house.  One hour testing session

 6 core modules and 4 specialist modules





ICA Diploma in Anti Money Laundering

The ICA Diploma in Anti Money Laundering is comprehensive and reflects the

regulatory environment today. The programme focuses on relevant best practice, “I enjoyed the course and oddly the exam. The format of both assignments and

legislation and regulations. It examines various strategies, frameworks and exam reflect life in the AML world and take the learning away from pure theory into

vulnerabilities. Elements involved in the reporting of suspicious transactions are practical situations. Looking forward to the Financial Crime Diploma next year”

explored. Internal controls are considered including the design of a money

laundering prevention framework. With course materials that are regularly James Galea, Deputy MLRO, Investec Bank (UK) Limited

updated, the Diploma focuses on current major issues that impact upon the

money laundering prevention role.

By the end of the Diploma, you will have an in-depth knowledge that can be

drawn upon in the execution of your duties. Understanding the external arena

will give you a perspective that will enable you to make informed decisions in the

delivery of your money laundering prevention strategy and, knowledge gained Who the Diploma will  Money Laundering Reporting Officers

can be used to measure practices and tailor them to meet future challenges. Benefit and Deputies

 Money Laundering Prevention Officers

Core Modules and Deputies

Module 1: Anti Money Laundering Strategies, Frameworks and Vulnerabilities  Managers with responsibility for internal

 International Anti Money Laundering and Counter-terrorist Financing anti money laundering

Strategies  Risk Managers

 National Anti Money Laundering and Counter-terrorist Financing  Internal and external audit staff

Frameworks  Regulatory representatives

 Money Laundering Techniques and the Vulnerabilities of Specific Financial  Accountants

Services Products

 Lawyers

Module 2: Anti Money Laundering Reporting and Dealing with the Authorities  Company Secretaries

 Recognition, Handling and Reporting Transactions  Anyone who requires an in-depth

 Post-Reporting Considerations knowledge of the fundamental regulatory

principles in relation to money laundering

 Dealing with the Authorities reporting and prevention

Module 3: Designing Anti Money Laundering Frameworks, Risk Profiling

Techniques and Customer Due Diligence Key Features  A graduate level programme resulting in a

 Designing Effective Comprehensive Anti Money Laundering Framework for professional qualification

a Financial Services Business  12 months duration

 Customer Due Diligence in Practice and Risk Profiling  3 pieces of assessed work, each piece

approximately 3,000 words in length

Module 4: Compliance Culture

 A 3 hour 15 minute open-book

 The Duties and Responsibilities of the Money Laundering Reporting Officer examination

 Engendering an Effective Compliance Culture and Maintaining a High Level  4 core modules

of Awareness

Compliance

The role of the compliance practitioner continues to grow in importance. The changing external environment has determined the crucial

part compliance professionals play in the evolution of their firms. The daily challenges faced mean the importance of having the right skills

and knowledge cannot be underestimated. Compliance is the responsibility of all staff and whether new to compliance or an experienced

practitioner, there is an ICA Compliance programme to suit.





ICA Advanced Certificate in Compliance

The ICA Advanced Certificate in Compliance develops a good understanding of Module 4: Other Key Compliance

compliance fundamentals enabling you to fulfill you responsibilities effectively. It Areas

provides a useful foundation if you aspire to a career in this discipline. The  Understanding Principles Based  Tax Evasion

programme is more than an introduction to compliance. As well as covering Regulation

core elements, it tells you what you need to know in order to understand your  Terrorist Financing

 The FSA’s Principles for Business

responsibilities so that you may approach your role with confidence. Specialist Units

The Advanced Certificate delivers comprehensive, detailed information. It  Retail

Module 5: Understanding Financial

provides useful understanding and constructive skills that can be used in the  Wholesale

Crime and Money Laundering

workplace, enhancing performance and reducing risk. By drawing upon best

practice, it helps you prepare to adapt and change to the external environment.  Fraud, Insider Dealing, Market

Abuse

By the end of the programme you will have a good understanding of the

regulatory environment in the UK. Details of the role of the compliance officer

along with key issues are explored and you will have a comprehensive appreciation

of aspects associated with financial crime and money laundering.

Core Modules Who the Advanced  All staff working in the compliance arena

Module 1: The Regulatory  The FSA Handbook Certificate will Benefit  Internal and external audit staff

Environment in the UK  Accountability  All staff working in risk functions

 The Concept of Regulation  Regulatory representatives

 The Existing Regulatory Model Module 3: The Role of the

 The Influence of Europe Compliance Officer

 International Influences  The Compliance Function

Module 2: The Role of the Regulator  Internal and External Key Features  1 – 3 months duration

 The Role of the FSA in UK Relationships  One hour testing session

Regulation  Compliance, Culture and Ethics  4 core modules

 The Powers of the FSA and  Qualities required of Compliance

Approach Professionals



ICA Diploma in Compliance

The ICA Diploma in Compliance is comprehensive. Issues topical to the

compliance environment today, such as fraud prevention and risk management, “The UK Compliance Diploma course broadened my understanding of and perspective

are examined in-depth as part of the core syllabus. Legislation and regulations, on all aspects of UK compliance. The tutors had a genuine commitment to compliance,

structures and powers are explored. A focus on corporate governance and the were keen to promote a high understanding and application of the concepts involved,

impact this has on the responsibilities of the compliance officer are reviewed. It and to impress on students new and better habits of research and analysis. The tutors

examines the role of key players and the importance of developing networks. and the Association were also responsive to feedback and willing to answer any queries

or concerns that we students had. The assignments and the exam itself were good,

and tough exercises in thinking about compliance and writing about the issues in a

By the end of the Diploma programme, you will have an understanding of the

concise and comprehensible manner. The workshops were excellent ways of discussing

compliance function and how to apply what you have learnt to the management

compliance issues and meeting other compliance professionals in many different areas

of risk. By studying best practice you can harmonise approaches benefiting from

of work, and not just the sector with which I am familiar, and is a good source of

what has been delivered as part of the learning experience. Because of the

networking contacts. The course takes time and effort but I definitely enjoyed it and

practical nature of the Diploma, you will have some useful tools and skills that

once completed, I feel that I have made real progress in my knowledge and

can add real value to any organisation, whatever the size.

understanding of compliance. As a member I have access to the ICA Website which

is a valuable resource and knowledge base in its own right and has an active discussion

forum which I have already found useful.”

Miles Kelly, Compliance Department, Union Bancaire Privée

Core Modules

Module 1: The Regulatory Environment

 Understanding the Regulatory Environment

 Regulatory Structure Who the Diploma will  Compliance Officers

 Regulators and their Powers Benefit  Deputy Compliance Officers

 Managers with responsibility for internal

Module 2: The Compliance Function compliance controls

 The Role and Skills of the Compliance Officer  Risk Managers

 Risk Management  Internal and external audit staff

 Designing an Internal Compliance System  Regulatory representatives

 Accountants

Module 3: Key Compliance Issues

 Lawyers

 Money Laundering and Terrorist Financing  Company Secretaries

 Fraud Prevention

 Market Fraud, Insider Dealing and Fraud Prevention Key Features  A graduate level programme resulting in a

 Investigations, Enforcement and Production Orders professional qualification

 12 months duration

Module 4: The Compliance Environment

 3 pieces of assessed work, each approximately

 Principles-based Regulation 3,000 words in length

 Business Ethics and Corporate Social Responsibility  A 3 hour 15 minute open-book examination

 Promoting the Benefits of Compliance  4 core modules

Financial Crime Prevention

Financial crime and its prevention are key issues for industry and regulatory authorities alike. As one threat is countered, another emerges.

A strategic approach to the management of fraud, one that involves training is essential to success. Understanding the threats, where they

come from and what can be done to minimise their impact is fundamental to the management of risk. Identifying emerging trends, putting

procedures and processes in place can make a significant difference and ICA programmes can make a positive contribution.





ICA Certificated Financial Crime Awareness Training

The ICA Certificated Financial Crime Awareness programme is unique. It is a Specialist Modules Management Module

comprehensive education programme that provides practical knowledge and

useful skills that can be used in the workplace.  Customer Account Fraud  Carrying out a Risk Assessment

 Deposit Fraud  Anti Fraud Strategies

It will teach staff how to identify fraud and minimise risk. Early detection can  Lending and Credit Fraud  Effective Control and Prevention

make a significant difference so the programme teaches what to do in the event Procedure

of suspicion. It also highlights the consequences when suspicions are ignored.

 A Fraud Adverse Culture

The various types of fraud are explored, best practice in fraud prevention is

studied, and the characteristics of fraudsters are examined. By the end of this

Awareness course, existing knowledge will have been enhanced considerably

enabling improved performance in the workplace. Who the course will  Financial crime prevention employees

Benefit  Fraud employees

 All individuals engaged in financial services

Core Modules and who aspire to a career in anti money

laundering or fraud / financial crime

 An Introduction to Financial Crime prevention

 The Criminal Offences

Key Features  1 – 3 months duration

 Financial Crime Risks

 One hour testing session

 Fraud Response Policy  4 core modules, 3 specialist modules and

 Identity Theft, Computer Fraud and Internet Fraud a management module







ICA Diploma in Financial Crime Prevention

The ICA Diploma in Financial Crime Prevention is a detailed comprehensive

programme, drawing upon best practice. The knowledge gained enables you to “An interesting and thorough insight into financial crime prevention in the 21st

identify risks and shows you how they can be mitigated. You will learn about century”

your own regulatory environment and be asked to create and implement a fraud Claire Riley, RBSG, Group Security & Fraud AML Manager

prevention policy. You will study the legal dimensions, the motivations behind

criminal activity and how to undertake an investigation all the way through to “The UK Diploma in Financial Crime Prevention is, in my eyes, the best financial

prosecution. Wherever you are in the world, you can benefit from this crime course currently available. In particular its content on internal fraud and

programme. It will build upon your existing experience and help you stay one investigations was very useful to me in my role and is the only course I could find

step ahead of today’s sophisticated fraudsters. which covered this topic with any real depth. While there is an emphasis in the

course on the regulated sector it is still applicable to organisations and businesses in

Written by experienced industry practitioners the Diploma is a practically other sectors, such as my own, as the core principles of financial crime are relevant

focused qualification that imparts useful skills that can be used in the workplace. to all organisations. I would recommend this course to anyone in a role that may be

This is not just another fraud prevention training programme. This is certificated affected by financial crime and is looking for some form of formal training”

learning providing a benchmark of excellence that is recognised the world over. Ian Walker, Risk Analysis Manager, Betfair Limited





Core Modules

Module 1: An Introduction to Financial Crime

 Understanding and Managing Financial Crime Who the Diploma Fraud Prevention Officers and Managers and



 The International Models and Influences will Benefit Deputies

Money Laundering Reporting Officers and Deputies



Module 2: The Law and Practice relating to Financial Crime Money Laundering Prevention Officers and



 Key Roles and Responsibilities Deputies

Managers with responsibility for internal anti money



 The Legal Framework laundering and compliance controls

 The UK’s Anti Money Laundering and Terrorist Financing Framework and Risk

 Managers

Strategy Internal and external audit staff



 Market Fraud Regulatory representatives



Fraud investigation staff



Module 3: The Prevention and Detection of Specific Financial Crime Risks Representatives from the public sector and law



 Business Frauds enforcement

 Financial Sector Fraud

Key Features Graduate level programme resulting in a professional



 Cybercrime qualification

12

 months duration

Module 4: Investigation and Prosecution 3

 pieces of assessed work, each piece approximately

 Investigating Fraud 3,000 words in length

 Internal Investigation A

 3 hour 15 minute open-book examination

 Asset Tracing, Recovery and Confiscation 4

 core modules

Integrated Learning









The Integrated Learning experience is a unique combination of

course materials, first-class website information, face-to-face

tuition and tutor support. It offers an excellent opportunity for

individuals wishing to participate in a highly quality programme to

achieve success.



The Integrated Learning approach comprises a number of learning

methods, each designed to support the other. Each method

should be viewed as part of the whole, mutually supportive,

equally relevant and beneficial to you as you study the programme.

Focus should not be in one part of the approach whilst failing to

utilise another. To do so would be to neglect to take advantage

of this unique, effective, tried and tested learning methodology

that has consistently achieved robust results.









ICA Programme Admission ICA Programmes - In-house

Requirements All of the ICA programmes can be delivered in-house. There are

many advantages to this including a reduction in price per person

The admission requirements for ICA programmes vary. All require

and the option to include processes and procedures that are unique

the ability to complete the reading and written aspects of the

to your firm in workshop discussions. We can deliver the learning

programmes in English. A sound educational background will help

at times to suit you so your staff are not out of the office. We

too. The Diploma programmes also call for individuals to have a

provide a full detailed report at the end of the programme including

degree or professional qualification in an appropriate discipline or

recommendations for further study. And the certificates that are

2-3 years work experience.

awarded alongside this report provide evidence of learning for

auditing purposes.

Fees

Fees for the programmes vary depending on which you undertake. Fees vary depending on the number of individuals undertaking the

Course fees include all materials, workshops, support reading texts, training. The minimum required varies depending on the ICA

website access, examination fees and certification. Payment plans to programme being studied in-house. For the Introductory programmes,

help spread the cost are also available. Full details are available from a minimum number of 15 is required. For Intermediate and Advanced

the ICA website, www.int-comp.org programmes, the minimum number is 10. For more information

about ICA programmes delivered in-house, contact Helen on

How to Apply hlangton@int-comp.org



You can apply on-line at www.int-comp.org or download the

enrolment form and return it to us.

International Compliance Training

International Compliance Training, ICT, is the exclusive training partner of the International

Compliance Association, ICA. ICT deliver the training for all the ICA programmes, both in the UK

and overseas. ICT has regional offices in Dubai and in Singapore.

ICT is dedicated to supporting financial services practitioners as they study for their professional

exams. The emphasis is on helping individuals develop their careers, and ensuring those who enrol on

ICA qualifications succeed and reach their potential.

Financial services professionals today face an increasingly challenging working environment. The changes in regulations, nationally and

internationally, and ever-higher standards demanded from government and customers means undertaking training is essential. It is important

that it is effective in transferring knowledge and skills and ICT has a proven track record in this area.

The commitment of ICT to the learning process is illustrated by the quality materials, which are written and delivered by knowledgeable,

industry specialists. ICT course tutors know from personal experience the importance of vocational learning in the disciplines of anti money

laundering, compliance and financial crime prevention.



On-line Support

The ICA and ICT websites are an essential ingredient in the study programme framework. They provide a wealth of information for you to

utilise before, during and after your study. The two sites should be used together.









ICA Website ICT Website

The ICA is the library and information site. Its content includes: The ICT website provides on-line access to your study programme.

Here you will find a Study Guide to help in planning and working out

 Up to the minute news-feed

the time needed to complete the programme and access to the

 Resource Centre

course being studied. You will also find:

 Knowledge Bank

 Useful Links  Assignments (where relevant)

 Discussion Forum  Syllabus – a break down of each module

 E-mail Alert Service  Self Assessment Questions

 Online Member’s Directory  Specimen Exam Papers

 Member discounts for industry events/publications  Student Support









International University of

Compliance Manchester

Association Business School

The International Compliance Association, ICA, is a professional, MBS is the largest campus-based business management school in the

awarding body with a global membership. Since it was founded in UK. It provides business and management education to undergraduates,

2001, thousands of individuals have completed the diploma and postgraduates and experienced practitioners and for those with

certificate programmes all over the world. Recognising the need for serious academic ambitions. Their MBA has been ranked 22 in the

professional qualifications in the realms of anti money laundering, world consecutively for 3 years. The Higher Education Funding

compliance and financial crime prevention, the Association was Council for England ranks their teaching capabilities as “excellent”, the

created and programmes established to provide an international highest category. They have an active network of over 5,000 alumni

benchmark of excellence in these three areas. The ICA is the world-wide.

government appointed Lead Provider of Financial Industry

Competency Standards, accredited training and assessment MBS is the ICA quality assurance education partner. ICA Diplomas

programmes in the field of compliance in Singapore. and Advanced Certificates are awarded in association with MBS. This

dynamic alliance ensures you benefit from the fusion of a vocational

The ICA helps, businesses, regulatory authorities, government qualification set within a rigorous academic framework. It is this

agencies and clients promote best practice through education, relationship that ensures unique, best-in-class qualifications that are

dialogue, information exchange and detailed resource material. second to none.

Working with industry practitioners at all levels, and through alliances

with recognised partners, the ICA aims to help improve the

performance of individuals, firms and the industry as a whole.

Regional Office: Head Office: Regional Office:

Room 2702, Level 27 Wrens Court 10 Shenton Way

Al Attar Tower 52-54 Victoria Road #12-01 MAS Building

Sheikh Zayed Road Sutton Coldfield Singapore

PO Box 506745 Birmingham 079117

Dubai B72 1SX

UAE JLC669

www.int-comp.org