Practical AML Framework (Spain)
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Overview
What if one missed transaction exposed your institution to millions? That risk matters because AML fines exceeded $4.6 billion globally. Moreover, 72% of penalties came from transaction monitoring failures.
Therefore, AML teams need stronger monitoring frameworks right now. And hands-on practice moves professionals beyond checklist compliance. You’ll design, test, and strengthen monitoring controls with confidence. So, stay audit-ready across US and Spanish markets.
Learning Outcomes
Certification Information
Curriculum
1
Module 01: Foundations of Money Laundering Prevention
- Understanding placement, layering, and integration.
- Spain's regulatory landscape and why your company is at risk.
2
Module 02: Spain AML Laws and Corporate Compliance Duties
- Deep dive into Law 10/2010 and Royal Decree 304/2014
- Obliged entities
- KYC
- Beneficial ownership
- Recordkeeping
- Suspicious transaction reporting
- Penalties
3
Module 03: Building a Practical AML Program
- Governance
- Risk assessments
- Internal controls
- Payment safeguards
- How to embed a whistleblowing culture
4
Module 04: Detecting Red Flags and Managing Risk
- Identifying unusual payments
- Hidden ownership structures
- Offshore shell companies
- Transaction monitoring
- Sanctions screening
- PEP checks
- Internal investigation protocols
5
Module 05: Modern AML Risks and Business Protection in Spain
- Sector-specific risks (real estate, retail, logistics, professional services)
- Crypto and digital fraud threats
- The 10 most common AML mistakes companies make
- Your final action plan
6
Mock Exam
- Mock Exam - Practical AML Framework (Spain)
7
Final Exam
- Final Exam - Practical AML Framework (Spain)