ICA Certified Money Laundering Reporting Officer

Course level : ICA Practitioner

This brand new course starts on 2 May 2023.

The role of an MLRO is one of high responsibility, with financial and personal consequences if something goes wrong. As an MLRO or Deputy MLRO, you need the confidence and practical skills to tackle the unique challenges these roles present.

Part of the ICA Practitioner Series, this unique certification is written by MLROs for MLROs and provides a practical framework and toolkit that give s you the knowledge and skills to:

navigate the complex role of a Money Laundering Reporting Officer
mitigate risks
make changes and set goals
challenge stakeholders
make informed decisions and demonstrate the rationale
manage relationships with boards and regulators effectively.

Download brochure

What will I learn?

This qualification covers the following topics:

Interview questions and wider due diligence before taking up an MLRO / Deputy MLRO position
Governance - senior management responsibilities – prescribed responsibilities
Management information & report writing
Risk assessment and risk appetite
Policies, procedures & operational implementation
Staff, training, leading and influencing/psychological models to develop interpersonal skills
Quality of oversight – obtaining trusted data
First 100 days - main risks and expectations
Form A – FCA Registration, fit & proper interview
Building Trust - stakeholder management, committees, management information, regulatory interaction, the MLRO Report
Problem shooting and escalation pathways

Is this course right for me?

The course has been designed primarily for those working in, or exposed to the UK regulatory environment as it discusses the requirements of the UK controlled function of the MLRO.

Learners are required to have a good standard of spoken and written English for this course and either ONE of the following:

Professionals aspiring to work in a Money Laundering Reporting Officer role who will have completed an ICA International Diploma qualification or equivalent

A professional with at least a years’ experience as a Deputy Money Laundering Reporting Officer or currently holding the role of Money Laundering Reporting Officer

Course format - Intensive

This intensive format over 3 weeks contains a mix of online study and live, virtual classrooms delivered by industry experts:

8 x Virtual Classrooms over three days
1 x Live Immersive Scenario
1 x Group tutorial

You will need to attend all sessions in this intensive version to complete the course.

It is assessed by a written assignment which must be submitted within two weeks.

Course format - Standard

You will study for this qualification over 9 weeks via a mix of online study and live, virtual classrooms delivered by industry experts:

8 x Virtual Classrooms
1 x Live Immersive Scenario and Group tutorial

It is assessed by a written assignment which must be submitted within two weeks.

Course fees

£3,495 GBP

Course fees stated exclude VAT or local tax, this will be added to your basket at the checkout if applicable.

Discount for Low GDP countries

A 15% discount applies if you are based in one of the countries on this list The discount will be added automatically on the check out page.

Membership Fee: £110* (Associate Membership - you must be an ICA member for the duration of your studies)

*Payable unless you are already an ICA Member.

Exclusive Qualification Discount for ICA Professional and Fellow Members
All ICA Professional and Fellow members are entitled to discounted rates on subsequent qualifications they choose to enrol on: