Regulatory Compliance Associates (RCA), in collaboration with the London Governance & Compliance Academy (LGCA) and Association of Governance, Risk & Compliance (AGRC), is proud to launch the Estonian Anti-Money Laundering (AML) course Rahapesu ja terrorismi rahastamise vastase võitluse alused Eestis, one of the first courses of its kind in Estonian.
The course Rahapesu ja terrorismi rahastamise vastase võitluse alused Eestis aims to equip future AML Officers with the necessary knowledge to successfully perform the duties of an anti-money laundering specialist at an Estonian virtual asset service provider (VASP) or any other business where similar AML methods must be used.
Furthermore, the course will prepare the AML Officer to go through the interview process with the Estonia Financial Intelligence Unit (FIU), which is a mandatory step before starting at the position.
The contents of the course are up to date and aligned with the Estonian Money Laundering and Terrorist Financing Prevention Act, which came into force on March 15, 2022.
During the course, the AML Officer will learn the following, among others:
- The main principles of preventing money laundering and terrorist financing
- The phases of money laundering and their recognition
- Risk assessment at both a national and company level
- The importance of internal anti-money laundering rules
- The importance of due diligence and KYC procedures
All of this, as previously mentioned, within the context of Estonian regulations pertaining to AML and counter terrorism financing.
Upon the successful completion of the exam at the end of the course, each student will be provided a certificate proving that they have the necessary knowledge to carry out the duties of an AML Officer at an Estonian VASP.
Along with the course, each student will receive a complimentary first year of membership to AGRC, which enables them to be a part of the global GRC community, connect with likeminded professionals, and benefit from a whole array of other benefits and perks.
Please click HERE to view the Estonian AML course in the Compliance Academy.
For more information, please reach out to Denis Sureyev, VP of Business Development, LGCA at dsureyev@lgca.uk or Kristjan Rappu, Head of Community, RCA, at kristjan.rappu@incorporate.ee.