New Anti-Money Laundering Certification Program Launched


St. Thomas University (Miami, FL) and ComplianceAid are announcing the creation of the Money Laundering & Financial Crimes (MLFC) Institute through a partnership with the University of Southern Caribbean and the Antigua & Barbuda International Institute of Technology (ABIIT).

The joint venture goals are to promote a compliance culture, develop education programs and conduct research in partnership with a network of academic institutions worldwide.

The professional certificate programme provides an overview of Anti-Money Laundering and Countering the Financing of Terrorism.

The MLFC said the content is truly universal and based on FATF recommendations. A module on local legislation is included as well as one for regulators.

This global certification scheme will produce a wider pool of knowledgeable workers and will be recognised internationally.

The MLFC institute curriculum delivers to the marketplace individuals with practical knowledge of the field, who are able to work for the private sector, regulators, enforcement agencies and governments.

The course is suited for all 50-plus industries regulated under anti-money laundering such as credit unions, money service businesses, car dealers, jewelers, real estate agents, insurance companies/agents, casinos, banks.

The programme is designed for board of directors’ members, business owners, upper management and professionals such as accountants, attorneys and auditors of any regulated industries.

Moreover, this programme is ideal for existing compliance department employees. Staff of government owned businesses, port and airport authorities, immigration & customs, police force, regulatory agencies, procurement divisions and legislature have also been invited to register since the programme aims to build more capacity within these organisations.

This professional certificate programme will provide any graduate or undergraduate student a path forward to launch a career in compliance with a private business, a government entity and a regulatory or enforcement agency.

The duration of this programme is 15 weeks. The first class commenced on January 21, 2016.

21st from 5pm to 7:30pm (GMT-4/Atlantic Time Zone) in the Caribbean and February 6th in Miami from 10am to 12:30pm The delivery mode is a mix of live Internet presentation by a remote teacher with the support of an in-classroom assistant teacher. The class can be attended online for students located away from the institutions.

The certificate programme will include the participation of distinguished guest speakers from the field. At the completion of this course the student will be invited to take a standardised test.

Students completing the professional certificate and actively maintaining their membership to the MLFC Institute will be authorised to use the designation Certified in Money Laundering and Financial Crimes (CMLFC). Furthermore, students will be provided a two-year membership to the MLFC Institute, access to the Institute job board, access to digital manual and other educational aid for two years, six months subscription to the screening tool,, discounted rates to professional events or resources. More information at MLFC Institute.

The MLFC Institute is currently accepting candidates for instructors/teachers and is also looking to expand its partnerships with universities worldwide. Contact us for more information.

The institute is working towards the creation of internship and job opportunities for its students. Interested businesses and organisations should contact the MLFC Institute. •