ICA Certified Money Laundering Reporting Officer

Course Overview

Written by MLROs for MLROs, this certification provides a framework and toolkit that equips you with the knowledge and practical skills to tackle the unique challenges the role of a Money Laundering Reporting Officer presents.

What will I learn?

  • Interview questions and wider due diligence before taking up an MLRO / Deputy MLRO position  
  • Governance - senior management responsibilities – prescribed responsibilities 
  • Management information & report writing  
  • Risk assessment and risk appetite  
  • Policies, procedures & operational implementation  
  • Staff, training, leading and influencing/psychological models to develop interpersonal skills 
  • Quality of oversight – obtaining trusted data  
  • First 100 days - main risks and expectations
  • Form A – FCA Registration, fit & proper interview  
  • Building Trust - stakeholder management, committees, management information, regulatory interaction, the MLRO Report  
  • Problem shooting and escalation pathways

Is this course right for me?

This highly interactive and practical course has been designed for senior individuals who are currently in the role of MLRO or Deputy MLRO.  

The course has been designed for those working in or exposed to the UK regulatory environment as it explores the requirements of the UK-controlled function of the MLRO.  

This course requires experience in the activities of an MLRO as you will participate in highly interactive, virtual classrooms and demonstrate how you will apply your learning in your day-to-day role through the assessment process. 

You will need to have a good standard of spoken and written English for this course and either ONE of the following to be eligible for the course:

  • at least one years’ experience as a Deputy Money Laundering Reporting Officer or currently hold the role of Money Laundering Reporting Officer

    OR

  • work in a relevant role and have completed the ICA International Diploma in Anti Money Laundering or Financial Crime Prevention or equivalent

Course format

Course format - Intensive

This intensive format over 3 weeks contains a mix of online study and live, virtual classrooms delivered by industry experts:

  • 8 x virtual classrooms over three days 
  • 1 x live immersive scenario • 1 x group tutorial 

You will need to attend all sessions in this intensive version to complete the course.

Course format – Standard

Study over 9 weeks via a mix of online study and live, virtual classrooms delivered by industry experts:

  • 8 x virtual classrooms 
  • 1 x live immersive Scenario and Group tutorial 

Both formats are assessed by a written assignment which must be submitted within two weeks of the facilitated discussion.

Course dates and price:

Please find the upcoming course commencement date:

  • 4th March 2024

Price: £3695 + tax and membership fee

Enrollment Now Open!

Learning Objectives

On completion of this course you should be able to:-

  • Navigate the complex role of a Money Laundering Reporting Officer
  • Gain confidence to make changes, set goals and challenge stakeholders
  • Discover how to make informed decisions and demonstrate the rationale  
  • Learn to manage relationships with boards and regulators effectively
  • Become automatically eligible for ICA Fellowship (the highest level of ICA membership) on successful completion of the qualification
Download Course Brochure

Module 1: Responsibilities & handover

Module 2: Risk management

Module 3: Policy Frameworks, procedures and implementation

Module 4: Competency based training

Module 5: Importance of management information

Module 6: The first 100 days

Module 7: Policy frameworks, procedures, and implementation

Module 8: Socialising issues, the MLRO Report and troubleshooting

Price: £3,695

This Course includes:

   Text-based content

   9 Weeks