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CSA Exam: Certification for Specialist in Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation

The Exam for the Certification for Specialist in Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation (CSA) is aimed at professionals who are interested in proving proficiency in Anti Money Laundering and Countering the Financing of Terrorism and the Proliferation of Weapons of Mass Destruction.

£1,125.00

The Exam for the Certification for Specialist in Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation (CSA) is aimed at professionals who are interested in proving proficiency in Anti Money Laundering and Countering the Financing of Terrorism and the Proliferation of Weapons of Mass Destruction. The purpose of the Exam is to attest that the professional has specialized and advanced technical knowledge in AML-CFTP, mastering the specific aspects of the international legislation and of the guidelines and recommendations that constitute international best practices. ✓ English, Spanish or Portuguese ✓ Certificate valid for 3 years

Exam Features

Exam features:

The CSA is intended for professionals in the AML-CTFP field interested in demonstrating international proficiency in the fundamental concepts of Anti-Money Laundering, Countering the Financing of Terrorism, and Countering the Proliferation of Weapons of Mass Destruction, including international regulations and sanctions related to the subject.

By acquiring the Certification, participants should be able to demonstrate comprehensive knowledge and understanding of:

  1. Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation (AML-CTFP) requirements, and stay updated on evolving regulations and best practices in the field.
  2. Applying a Risk-Based Approach to AML-CFTP by assessing and prioritizing risks, and implementing tailored measures to mitigate those risks effectively.
  3. Conducting thorough due diligence on customers, suppliers, partners, and employees to ensure compliance with regulatory requirements and mitigate the risk of involvement in illicit financial activities.
  4. Establishing and maintaining robust record-keeping practices to accurately document all transactions and facilitate audit trails for regulatory compliance purposes.
  5. Designing and implementing effective internal controls and compliance procedures to prevent, detect, and report suspicious activities within the organization.
  6. Monitoring and analyzing financial transactions and patterns to identify and investigate potential instances of money laundering, terrorist financing, or proliferation financing.
  7. Conducting regular assessments and reviews of the effectiveness of AML-CTFP measures and making recommendations for enhancements or modifications to existing policies and procedures.
  8. Applying the FATF (Financial Action Task Force) recommendations in the institution’s operations to ensure effective anti-money laundering (AML) and counter-terrorism financing (CTF) measures.
  9. Demonstrating compliance with international regulations and legal instruments, including the United Nations Conventions and the Organization for Economic Cooperation and Development (OECD) Convention Against Bribery.
  10. Adhering to international sanctions regimes, including United Nations sanctions and individual country national sanctions, to prevent financial transactions related to terrorism financing.

 

More information:

  • Understand and apply the fundamental concepts of Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and Countering the Proliferation of Weapons of Mass Destruction (WMD), including their typologies, stages, and criminalization.
  • Free one-year membership to AGRC, where you can exchange knowledge and share experiences with GRC professionals worldwide.
  • Use of the IPLD’s professional designation as an AML-CTFP professional.

Basic Concepts:

  • Money Laundering: concept, criminal offenses, typologies, stages, criminalization, related crimes, penalty, previous crimes;
  • Terrorist Financing: concept, typologies, criminalization;
  • Proliferation of Weapons of Mass Destruction;
  • Politically Exposed Persons (PEPs);
  • Risk-Based Approach:
  • Virtual Assets and Virtual Asset Service Providers: International Guidelines for a Risk-Based Approach;
  • Preventive Measures:
  • Know Your Customer (KYC), Know Your Supplier (KYS), Know Your Partner (KYP), Know Your Employee (KYE);
  • Record Keeping;
  • Internal Controls;
  • Suspicious Transactions Reporting;
  • Financial Intelligence Units (FIUs);
  • Financial Action Task Force (FATF), and the Global Network to Prevent Money Laundering and the Financing of Terrorism and the Proliferation of Weapons of Mass Destruction (AML-FTP) (GAFILAT, GAFIC, Moneyval, EAG, etc);
  • The Egmont Group of Financial Intelligence Units.

Rules and Other International Legal Instruments:

  • United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, 1988 (Vienna Convention);
  • United Nations Convention Against Transnational Organized Crime, 2001 (Palermo Convention);
  • United Nations Convention Against Corruption, 2003 (Mérida Convention);
  • United Nations Convention for the Suppression of the Financing of Terrorism, 1999;
  • Organization for Economic Cooperation and Development (OECD) Convention Against Bribery, 1997;
  • Financial Action Task Force (FATF) 40 Recommendations.

Targeted Financial Sanctions Related to Terrorism Financing:

  • United Nations Sanctions;
  • Individual Country National Sanctions as per United Nations Security Council Resolution 1372: Office of Foreign Assets Control (OFAC), and European Union (EU).
  • A study guide
  • Online exam with one attempt to pass
  • CSA certificate valid for three (3) years
  • Free AGRC membership for one (1) year

Anyone in the field of Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and Proliferation (CTFP) wishing to attest to their knowledge.

  1. Career Professionals: Professionals already working in AML-CTFP roles, such as compliance officers, risk managers, financial crime investigators, and regulatory analysts, seeking to validate and enhance their expertise.
  2. New Entrants: Individuals looking to enter the AML-CTFP field, including recent graduates, career changers, and those transitioning from related fields, who want to establish a strong foundation of knowledge and skills.
  3. Regulatory and Law Enforcement Personnel: Personnel from regulatory authorities, law enforcement agencies, and government bodies responsible for overseeing and enforcing AML-CTFP regulations and policies, aiming to strengthen their understanding and enforcement capabilities.
  4. Financial Industry Personnel: Employees from financial institutions, including banks, insurance companies, investment firms, and payment service providers, tasked with implementing AML-CTFP measures and safeguarding their organizations from financial crime risks.
  5. Legal and Compliance Professionals: Legal advisors, compliance consultants, and attorneys specializing in financial crime compliance and regulatory matters, seeking to broaden their expertise and stay updated on industry developments.
  6. Auditors and Risk Management Professionals: Auditors, risk assessors, and internal control specialists responsible for evaluating and managing AML-CTFP risks within organizations, aiming to enhance their audit and risk management practices.
  7. Consultants and Advisors: Independent consultants, advisors, and trainers offering AML-CTFP advisory services to businesses, governments, and organizations, interested in validating their knowledge and credibility in the field.
  8. Educators and Researchers: Academics, researchers, and educators involved in teaching, researching, and publishing on AML-CTFP topics, aiming to deepen their subject matter expertise and contribute to the advancement of knowledge in the field.

Overall, the target audience encompasses a diverse group of professionals with varying levels of experience and backgrounds, united by their common interest in AML-CTFP and their desire to demonstrate their knowledge and competence in the field.

  • Number of questions: 90
  • Type of question: multiple choice
  • Duration: 180 minutes
  • Pass mark: 63 (70%)
  • Language: English, Portuguese or Spanish

 

The Exam score will be calculated by the computer program. A value of 0 (zero) will be assigned to the multiple-choice question when the alternative marked is incorrect. Each question answered correctly is equivalent to one (1) point. Candidates who achieve the minimum approval score designated for the CSA Exam will be considered approved.

The Exam results will be sent within 7 (seven) working days after it has been held, through the candidate’s email address provided at the time of registration.

Once the final result is announced by IPLD, the successful candidate will be entitled to receive the CSA (Certification for Specialist in Anti Money Laundering and Countering the Financing of Terrorism and Proliferation), which will be valid for a period of 3 (three) years, and AGRC membership for 1 (one) year.

 

Exam Application:

The Exam is applied remotely (online) through a computer program that guarantees the safety and quality of the application. The candidate’s monitoring will be done by the Exam program’s Artificial Intelligence (A.I.) system, in which the candidate’s image/sound and computer screen will be recorded through video (camera) and audio (microphone), simultaneously. In addition to this automated monitoring, the candidate will be supervised remotely and synchronously throughout the exam by inspectors.

Frequently Asked Questions.

Most frequent questions and answers

The IPLD study guide and one (1) attempt to pass the online exam. Upon passing the exam, you will attain the CSA, which will be valid for a period of 3 (three) years, and AGRC membership for 1 (one) year.

To register for this package, click on “Add to Cart” above and follow the instructions to pay online. If you prefer to receive an invoice instead of paying online, please contact us.

After payment, we will contact you by email to offer available dates for taking the exam within 90 days.

If 24 hours have passed since payment and the candidate has not received this message, they should contact the IPLD support team via email at contato@ipld.com.br to ensure there was no error in their registration.

Upon registration you will attain immediate access to the study guide.

The exam is developed by a committee of experts in AML-CTFP with extensive experience in the field.

The CSA exam consists of 90 MCQs. The pass mark is 70% and the time allowed for the exam is 180 minutes.

Candidates have a maximum of 90 days to take the CSA exam, counted from the date of payment. Failure to meet this deadline will require payment of a 10% fee of the current Registration Fee to renew it for an equal period.

 

If after 90 days the candidate does not schedule the exam or submit a request for an extension, it will be considered a withdrawal, and the candidate will be subject to paying the full Registration Fee to take the exam.

No, it is up to the candidate to prepare for the exam through self-study and/or preparatory courses. However, IPLD provides a Study Guide with the complete syllabus for each level of the Certification Exam. We emphasize that while recommended sources (bibliography) serve as a minimum criterion, candidates should not limit themselves to them when preparing for the exam.

The CSA exam is administered remotely (online) by professionals accredited by IPLD, using a specific assessment platform based on Artificial Intelligence (AI) tools to ensure security and quality. Candidates are supervised throughout the exam by remote proctors who monitor the assessment and verify compliance with regulations.

No, IPLD does not require a minimum degree for taking the Certification Exam.

In case of failure, candidates may retake the exam by paying a fee of 10% of the current Registration Fee. For a second failure, the fee will be 25% of the current Registration Fee. If failed more than twice, the candidate must pay the full current Registration Fee to retake the exam.

 

It’s important to note that candidates have 90 days to make payment and retake the exam from the date of failure announcement. Failure to schedule the exam after 90 days will be considered a withdrawal, and the candidate will be subject to paying the full current Registration Fee to retake the exam.

From the month of expiration, you can take a new Exam for revalidation by paying the current Registration Fee.

This Certificate has been developed by the Institute for the Prevention of Money Laundering and the Financing of Terrorism (IPLD). The syllabus is verified by external subject matter experts and may be accredited by financial regulators and professional bodies as evidence of qualification.

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