Auditing and Governance Risk and Compliance

Auditing Anti-Money Laundering Programmes

Regulated firms must maintain effective anti-money laundering programmes and independent testing. This course covers auditing AML programmes: risk assessment, policies, customer due diligence, transaction monitoring, sanctions screening, suspicious activity reporting, training and governance.

5 days Classroom or live online English

Smart Horizon Certified - Global Leadership Consultants

Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

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Why attend

From knowledge to real-world impact.

Regulators expect robust independent testing of AML controls. You will learn how to plan and perform effective AML audits.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

Difficulty translating subject knowledge into practical workplace decisions.
Inconsistent approaches to the activities covered in the course outline.
Lack of a structured plan for applying and reviewing new skills.

Course methodology

How you will learn.

Audit programme design, file testing exercises, monitoring scenario reviews and case studies of enforcement actions.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

Understand AML regulatory expectations
Audit the AML risk assessment
Test customer due diligence files
Evaluate transaction monitoring and alerts
Review sanctions screening and reporting
Assess training and governance

Target audience

Who should attend.

This course is suitable for:

Internal auditors in financial services
AML compliance officers
Risk managers
Regulators’ staff
Audit managers

Target competencies

Capabilities you will build.

Participants will develop competencies in:

Regulatory knowledge
File testing
Monitoring evaluation
Screening review
Reporting

Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1AML Framework

09:00–10:08Regulations
10:08–11:00Programme elements
11:00–11:30Coffee break
11:30–11:45Programme elements (continued)
11:45–12:53Audit approach
12:53–14:00Exercise

Day 2Risk Assessment and Policies

09:00–10:08Enterprise risk assessment
10:08–11:00Policies
11:00–11:30Coffee break
11:30–11:45Policies (continued)
11:45–12:53Governance
12:53–14:00Workshop

Day 3Customer Due Diligence

09:00–10:08KYC files
10:08–11:00Enhanced due diligence
11:00–11:30Coffee break
11:30–11:45Enhanced due diligence (continued)
11:45–12:53Testing
12:53–14:00Exercise

Day 4Monitoring and Screening

09:00–10:08Transaction monitoring
10:08–11:00Alert handling
11:00–11:30Coffee break
11:30–11:45Alert handling (continued)
11:45–12:53Sanctions screening
12:53–14:00Case study

Day 5Reporting and Training

09:00–10:08Suspicious activity reports
10:08–11:00Training
11:00–11:30Coffee break
11:30–11:45Training (continued)
11:45–12:53Findings
12:53–14:00Action plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon UK certificate of attendance. Smart Horizon UK programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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