Description
The Specialist Certificate in Financial Crime Risk and New Technology provides a comprehensive understanding of how emerging technologies are reshaping financial crime risk. This program delves into the intersection of innovation, financial services, and regulatory compliance, offering practical insights into minimizing risks and harnessing technology for effective crime prevention.
This course is aligned to the SAQA Framework (NQF Level 4) and the UK QAA Framework (Level 2). Learners will receive a qualification from SAQA and the Alliance Manchester Business School via the International Compliance Association.
Next cohort: 30 June 2025 (4-month instructor led online course).
Who Should Enroll?
This course is designed for:
- Compliance professionals and risk managers navigating the rapidly evolving tech landscape.
- Professionals in financial services seeking insights into emerging technologies like blockchain, cryptocurrencies, and RegTech.
- Individuals involved in AML, KYC, and financial crime prevention initiatives.
- Tech professionals exploring the application of innovation to regulatory compliance.
Why Choose This Course?
- Understand the evolving nature of financial crime and its intersection with technology.
- Gain insights into cutting-edge technologies like AI, ML, blockchain, and De-Fi.
- Learn to apply RegTech solutions to minimize financial crime risks effectively.
- Explore the potential risks and benefits of innovations like IoT, 5G, and CBDCs.
- Stay ahead by predicting and preparing for future disruptive trends.
Syllabus
- Applying Financial Crime Concepts to Emerging Technology
- What is financial crime?
- Who commits financial crime?
- Exploring money laundering, terrorist financing, and sanctions.
- Emerging Technology and Crime
- Innovations impacting the financial sector.
- Exploring:
- Blockchain
- Cryptocurrencies
- Distributed Ledger Technology (DLT)
- Decentralized Finance (De-Fi)
- Distributed applications
- Alternative finance
- Property technology (PropTech)
- Identity services for boarding
- Technology and cybercrime.
- Conducting investigations in technology-based cases.
- Introduction to RegTech and the role of big data, comparing RegTech and FinTech.
- Impact of Innovation on Financial Services
- Benefits and risks of new technology.
- The impact of innovation.
- How are financial services being reformed?
- Changes in payment services.
- How standard-setting bodies have identified risks in emerging technologies.
- Harnessing RegTech to Minimize Financial Crime
- What RegTech solutions are there?
- Exploring what RegTech offers:
- Artificial Intelligence
- Machine learning/training
- Real-time analytics
- Configuring systems for markets
- Unconscious bias
- Faster decision-making
- Applying RegTech to AML, KYC, and verification services.
- Other advantages to adopting RegTech:
- Transactional analysis with speed and efficiency.
- Transparency and auditability through blockchains.
- Potential risks and dealing with ethics and perceptions.
- Predicting the Next Wave of Disruptive Technology
- Horizon scanning: What’s next?
- Central Bank Digital Currencies (CBDC)
- AI and ML
- Financial inclusion
- Role of open-source intelligence (OSINT)
- Wealth technology
- •Technologies and future trends:
- Internet of Things (IoT)
- Vehicular technology
- 5G services
- Wearables
- Metaverse
- Horizon scanning: What’s next?
- Opportunities and risks.
Enroll today in the ICA Specialist Certificate in Financial Crime Risk and New Technology
ICA Specialist Certificate in Financial Crime Risk and New Technology Syllabus
