ICA International Diploma in Anti Money Laundering (Hong Kong)

Detailed Information

Money laundering prevention remains high on the agenda for financial services professionals. An integrated approach to fighting the risk is needed and knowledgeable, fully trained staff are essential to that approach. The ICA Diploma in Anti-Money Laundering helps individuals develop best practice initiatives and prepares them to face present and future challenges, thus reducing risk.

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This programme is awarded in association with Alliance Manchester Business School, The University of Manchester

By drawing upon international best practices, the Diploma helps prepare you to adapt to meet the challenges created by the constantly evolving external environment. Those who have obtained the Diploma often find their performance in the workplace improved and opportunities for career progression enhanced.

Find out more about this innovative qualification and how it can benefit you and your firm by attending the free briefing session being held on:

Date: Thursday, 22 February 2018
Time: 6:30 pm – 8:30 pm
Venue: Admiralty Conference Centre
1804, 18/F., Tower 1, Admiralty Centre,
18 Harcourt Road, Admiralty, Hong Kong

Please contact us at registration@courses-seminars.com to register for the Free Briefing Session.

Registration Number (Non-Local Higher and Professional Education (Regulation) Ordinance): 352113
“It is a matter of discretion for individual employers to recognize any qualification to which this course may lead”

Programme

Programme Information

The ICA International Diploma in Anti Money Laundering is unique. It provides detailed, theoretical knowledge and practical skills so that you can undertake your responsibilities more efficiently and with confidence.

This certificated programme is a benchmark qualification, illustrating the highest standards in anti money laundering practice.

The Diploma is awarded in association with the prestigious Alliance Manchester Business School, The University of Manchester, and is internationally recognised by regulators and employers alike.

ICA International Diploma in Anti Money Lanudering Core Modules

Module 1 – Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) in context
  • Money Laundering and Terrorist Financing – Definition and Nature
  • The International Context
  • International Anti Money Laundering and Counter Terrorist Financing Frameworks
  • Laundering the Proceeds of Tax Evasion
  • Vulnerabilities of Products and Services
Module 2 – Terrorist Financing, Proliferation Financing and Sanctions
  • Terrorist Financing and Proliferation Financing
  • Complying with Sanctions and Freezing Requirments
Module 3 – Designing a Comprehensive Anti Money Laundering and Combating Terrorist Financing Framework for a Financial Services Business
  • Concepts of Risk Management
  • Implementing an AML and CFT Risk-based Approach
Module 4 – Risk-based Customer Due Diligence, Customer Risk Profiling and Monitoring
  • Customer Due Diligence (CDD)
  • Escalation and Exit Strategies
Module 5 – Governance and Leadership
  • The AML/CFT Governance Framework
  • Management Issues for AML and CFT Policy
  • Culture and Training
Module 6 – Suspicious Activity/Suspicious Transaction Reporting and Dealing with the Authorities
  • Transaction Monitoring and Filtering Framework
  • Recognition, Handling and Reporting Transactions
  • Post-reporting Considerations
  • Dealing with the Authorities

Features & Benefits

1. What are the key features?
  • A graduate level programme resulting in a professional qualification
  • Awarded in association with Alliance Manchester Business School, The University of Manchester
  • Comprehensive course materials that can be used in the workplace
  • Jurisdiction specific content including case studies and scenarios
  • Extensive online reference materials
  • 9 – 12 months duration
  • 4 days of face to face workshops
  • 2 pieces of assessed work, each approximately 3,000 words in length
  • 3 hour, 15 minute open-book examination

 

2. What are the key benefits?
  • Improved knowledge, developed skills
  • Professional designation – Int.Dip.(AML)
  • Potential for career progression
  • Recognised mark of excellence
  • Reduced reputational and financial risk for firms
  • Enhanced workplace performance
  • Professional Membership of the International Compliance Association upon completion
3. What Professional qualification is awarded?
Following completion of the Diploma, delegates will be able to use the designation ‘Int. Dip. (AML)’.

The ICA International Diploma in Anti Money Laundering is awarded in association with Alliance Manchester Business School, The University of Manchester. Quality assured by the University, the programme is at honours degree level. The Diploma has been mapped in accordance with the Higher Education Qualification Framework. Furthermore, a number of universities may give credit for the work that is completed on the Diploma against other and possible masters level qualifications. For further information, visit the International Compliance Association website.

Who Should Attend

Who Should Attend

  • Money Laundering Reporting Officers and Deputies
  • Money Laundering Prevention Officers and Deputies
  • Managers with responsibility for internal anti money laundering and / or compliance controls
  • Risk Managers
  • Internal and external audit staff
  • Regulatory representatives
  • Accountants
  • Lawyers
  • Company Secretaries
  • Anyone who requires an in-depth knowledge of the fundamental regulatory principles in relation to money laundering reporting and prevention

Free Briefing Session

Date: Thursday, 22 February 2018
Time: 6:30 pm – 8:30 pm
Venue: Admiralty Conference Centre
1804, 18/F., Tower 1, Admiralty Centre,
18 Harcourt Road, Admiralty, Hong Kong

We look forward to meeting you! Register here: https://www.int-comp.com/icta-home/hong-kong/hong-kong-briefing-session/

Schedule

Enrolment closing date of AML Intake 12:

Dates

Day of Week

Time

26 March 2018

Monday

9:00 am – 6:00 pm

 

Workshop Schedules for Intake 12

Workshop One

Dates

Day of Week

Time

Assignment Due Date

26 April 2018

Thursday

6:30 pm – 9:30 pm

To be confirmed

27 April 2018

Friday

6:30 pm – 9:30 pm

28 April 2018

Saturday

9:30 am – 4:30 pm

 

Workshop Two

Dates

Day of Week

Time

Assignment Due Date

26 July 2018

Thursday

6:30 pm – 9:30 pm

To be confirmed

27 July 2018

Friday

6:30 pm – 9:30 pm

28 July 2018

Saturday

9:30 am – 4:30 pm

The workshops are highly interactive working sessions and designed to ensure maximum learning effectiveness.  All workshops are conducted by a leading compliance expert with extensive experience of the financial services sector.  All delegates are advised to attend all workshops prior to sitting the examination, to gain the maximum benefit of the programme.

Examination

Dates

Day of Week

Time

To be confirmed

All examinations are open book and are of 3 hours 15 minutes duration.  All delegates sit one examination.

* Please note that the programme, date and time are subject to change.

Workshop Schedules for Intake 11

Workshop One

Dates

Day of Week

Time

Assignment Due Date

9 November 2017

Thursday

6:30 pm – 9:30 pm

12 February 2018

10 November 2017

Friday

6:30 pm – 9:30 pm

11 November 2017

Saturday

9:30 am – 4:30 pm

Workshop Two

Dates

Day of Week

Time

Assignment Due Date

15 March 2018

Thursday

6:30 pm – 9:30 pm

30 April 2018

16 March 2018

Friday

6:30 pm – 9:30 pm

17 March 2018

Saturday

9:30 am – 4:30 pm

The workshops are highly interactive working sessions and designed to ensure maximum learning effectiveness.  All workshops are conducted by a leading compliance expert with extensive experience of the financial services sector.  All delegates are advised to attend all workshops prior to sitting the examination, to gain the maximum benefit of the programme.

Examination

Dates

Day of Week

Time

05 July 2018

Thursday

2:00 pm – 5:15 pm

All examinations are open book and are of 3 hours 15 minutes duration.  All delegates sit one examination.

* Please note that the programme, date and time are subject to change.

Fees and Discounts

Full Programme (Click here Registration Conditions)
Regular Fee 
HK$37,500 per person
C&S Member Registration
HK$35,700 per person
C&S Member Group Discount (for 5 or more members from the same company)
HK$33,800 per person
Examination Only Option (Click here Registration Conditions)
Regular Fee 
HK$24,900 per person

Those who are very experienced practitioners and hold appropriate qualifications may be eligible for the Exam Only option. Such individuals are exempt from attending workshops.

Enrolment

Enrollment

Registration Details
Enrollment Closing Date of AML Intake 12:
26 March 2018

For registration by mail / fax / regular email:
Please click here to download the enrolment form,
and send the completed form to the following

By email: registration@courses-seminars.com

By facsimile: (852) 2901-1332

Payment Methods

By Cheque

Please make cheque payable to “Courses & Seminars Limited” and mail your cheque together with the order form to our office at Room 203, 2/F, Prosperous Building, 48-52 Des Voeux Road Central, Hong Kong.

By Bank Transfer

Please transfer the payment amount to our account at HSBC Account No. 102-437431-001 and send us the bank receipt by fax or email.

For further information, please contact us at enquiry@courses-seminars.com or (852) 2901-1300.

Registration Conditions

 

Registration Conditions

(For ICA International Diploma in AML Full Programme and Examination Only Option)

1.
The diploma programme must be completed within two (2) years from the programme start date.
2.

To enrol for this programme, please complete the registration online or complete the enolment form and forward the form by email or fax first and mail together with payment /evidence of payment of the programme fee by way of: 

(i)
cheque (and mail the cheque together with the enrolment form to Courses & Seminars Limited, Room 203, 2/F, Prosperous Building, 48-52 Des Voeux Road Central, Hong Kong); or
(ii) direct transfer to our account at HSBC (102-437431-001) and email the supporting bank document evidencing the direct deposit to us at registration@courses-seminars.com or fax the same to us at 2901-1332.
3.

Programme fees:

 

3.1
The programme fee is set out in the Fee Schedule (click here for fee schedule).  The fee includes the programme materials, workshops, and assessment.
3.2
Full Payment Option:  Upon registration, C&S will issue an invoice by email for the full amount of the programme fee and settlement of the programme fee; must be made within 14 days of the date of the invoice, prior to the sending of the programme materials. 
3.3
Installment Option:  A delegate may opt for the installment option and the programme fee will be payable in 3 installments:  the 1st installment of the programme fee shall accompany the enrolment form or shall be paid within 3 days of online registration, prior to the sending of the programme materials; the 2nd installment is due 4 weeks before the first workshop and the 3rd installment is due 4 weeks before the second workshop.  Delegates will not be permitted to attend the workshops or receive examination results if payment is outstanding. 
3.4
Any bank charges and/or expenses incurred as a result of bounced cheques and/or wire transfers will be borne by the delegate.
3.5
Our Individual Discount Packages (“IDP”) and Organization Discount Packages (“ODP”) do NOT apply to this programme. 

  

4.

Refunds:

 

4.1

Refunds: Full Programme

 

4.1.1
If a delegate withdraws from the programme 4 weeks or more prior to the first workshop, the programme fee will be refunded, less an administration charge of HK$2,000.
4.1.2
If a delegate withdraws less than 4 weeks prior to the start date of the first workshop, the delegate will be refunded 50% of the programme fee.
4.1.3
If a delegate withdraws after attending the first workshop (or any part thereof) the delegate will be refunded 25% of the programme fee.  If a delegate withdraws after attending more than one workshop, no refund will be paid and full programme fee will be payable.
4.1.4

If a delegate fails to attend a workshop or examination, no refund will be paid. 

4.1.5

If a delegate fails to attend the examination without declaring mitigating circumstances, the delegate will be given a mark of zero. They will be permitted one re-sit, but will only be able to achieve the minimum pass mark. 

4.2

Refunds: Examination Only Option

 

4.2.1
If a delegate who has selected the Examination Only option withdraws from the programme within 4 weeks of the enrolment date the delegate will be refunded 25% of the programme fee.
4.2.2
If a delegate who has selected the Examination Only option withdraws from the programme after 4 weeks have elapsed from the enrolment date, no refund will be paid and programme fee will be payable.

  

5.

Deferrals:

 

5.1
If a delegate defers the programme 4 weeks or more prior to the first workshop, no additional cost will be charged.
5.2
If a delegate defers the programme less than 4 weeks prior to the first workshop, an administration fee of HK$2,000 will be charged. 

  

6.
Once the programme has started and a delegate has attended a workshop, postponement of assignments and examinations is not permitted without good cause.

7.

Cancellation & Postponements:

 

7.1
International Compliance Training Limited (ICT) and/or C&S reserve the right to cancel and to reschedule a workshop, where the occasion necessitates.   Neither ICT nor C&S accepts any liability if, for whatever reason, a workshop does not take place.  There will be no refund if the delegate cannot attend the workshop on the rescheduled date.
7.2
Workshops will be cancelled if the No.8 typhoon signal or black rainstorm warning is hoisted within 3 hours of the workshop or during the workshop.  In the event of cancellation due to bad weather, the workshop will be rescheduled to another date.  There will be no refund if the delegate cannot attend the workshop on the rescheduled date. 
8.
Delegates are permitted a maximum of three (3) attempts to pass the examination. The first two (2) attempts are included in the programme fee. If a third attempt is required, there will be a fee of HK$600. Delegates who retake any assessment component will only be able to achieve the minimum pass mark in the resit.
9.
Data Protection: The personal and other information you provided in the registration process will be used by the ICA/ICT or approved agents for administrative, membership and education purposes or as required by law.  Such information will also be held by C&S and will be held pursuant to C&S’ Privacy Statement available on its website (please click here for C&S’ Privacy Statement).

About ICA

About The International Compliance Association

ICA

The International Compliance Association is a professional organisation with a global membership. It is the leading provider of professional certificated qualifications and training in anti money laundering (AML), compliance and fraud/financial crime prevention. For novice and experienced practitioners alike, the ICA’s internationally recognised certificate and diploma courses are a benchmark of excellence. The qualifications enhance the knowledge and skills of individuals, improve business practice and minimise risk.

For more information on ICA please visit http://www.int-comp.org

FAQs

For frequently asked questions regarding the ICA International Diploma in Anti Money Laundering (Hong Kong) CLICK HERE

Enquiry

Thank you for your interest in our ICA International Diploma in AML.
For further information, please contact us:

By email: enquiry@courses-seminars.com
By phone : (852) 2901-1300
By fascimile : (852) 2901-1332