About This Course

Money laundering and terrorist financing move through financial institutions because that is where the infrastructure is. The controls that stop them depend heavily on front-line staff noticing that something does not fit. This course prepares employees of Ethiopian capital market service providers to recognise and act on those signals.

The course establishes the fundamental definitions and explains why anti-money laundering and counter-terrorist-financing controls matter, both to the institution and to the wider economy. It then works through the mechanics of laundering itself - the placement, layering and integration stages - with a case study on identifying layering activity in practice.

Customer due diligence forms the core of the course. Learners cover Know Your Customer and CDD principles, the identity verification a firm must perform, and what goes wrong when onboarding checks are incomplete, again grounded in a worked case. A dedicated module addresses red flags: the recognised categories of suspicious activity, and a case study on transaction structuring.

The suspicious transaction report process is then covered end to end - definitions, key principles, thresholds, and a worked example of filing an STR for a high-risk transfer. The final module sets out internal controls, individual staff responsibilities, and the consequences of failing to report.

Learners finish able to recognise the warning signs in their own work, apply the required due diligence, and escalate a suspicion correctly and promptly.