AML/CTF Online Course
AML/CTF Online Course
ANTI MONEY LAUNDERING & COUNTER TERRORISM fINANCING (aML/CTF) ONLINE TRAINING
Delivered in partnership with 
The DWS – CTA Training Specialists Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) online training course has been developed to equip those who work at or manage gaming venues with the essential skills and knowledge to ensure they know their specific obligations under the AML/CTF rules.
In an era where financial integrity is paramount, understanding and adhering to AML/CTF regulations is crucial for hospitality business, particularly those offering gaming and gambling services.
Developed by compliance experts in the industry, our course offers comprehensive insights into AML/CTF regulations, providing practical guidance on meeting compliance obligations and safeguarding your organisation’s reputation. By enrolling in our training, you empower yourself and your team to navigate the complexities of AML/CTF effectively.
AML/CTF course For Board & Senior Management
The Board & Senior Management AML/CTF training course outcomes includes:
- What is AML/CTF?
- What are the obligations for the venue?
- Good governance – what board and senior management oversight means.
- What are the consequences of not complying with the AML legislation?
- What is a suspicious matter?
- Controls in place
PRICE: $25
AML/CTF Course For Staff Members
The Staff AML/CTF training course outcomes includes:
- What is AML/CTF?
- What are the obligations for the venue?
- What are the consequences of not complying with the AML legislation?
- What is a suspicious matter?
- How do I report a suspicious matter?
- Tipping off
- Knowing your customers
- Controls in place
PRICE: $25
FAQs
Venues with electronic gaming machines and TAB agencies are required to comply with the Anti-Money Laundering & Counter Terrorism Act. As part of the legal obligations, members of the board and senior management must be aware of their governance and legal obligations in order to ensure the venue is complying with the legal requirements.
AUSTRAC is the federal government agency that administers the AML/CTF legislation.
Non-compliance to AML/CTF legislation can lead to:
- Investigation by AUSTRAC and other federal agencies
- Large fines/jail terms for company, directors and individuals
- Media attention/reputation damage to the venue
AUSTRAC has the ability to prosecute businesses, officers of the company (directors etc.) and individuals for breaches of the Act. This is why it’s so important to do this training so you understand your obligations as a board member / director, and ensure the required controls are in place.
Venues / organisations can be fined up to $31 million for a breach of the legislation.
Individuals can be fined up to $6.2 million and be sent to jail for up to 10 years.
Some recent prosecutions are below:
TABCorp – fined $45 million in 2017
Commonwealth Bank – fined $700 million in 2018
Westpac Bank – fined $1.3 billion in 2021
Crown Casino – fine likely to be $450 million (to be finalised in 2023)
Owned by Servir Group Pty Ltd, CTA Training Specialists (formerly Club Training Australia) is DWS Hospitality Specialists’ sister company.
CTA Training Specialists is a leading Registered Training Organisation (RTO) in Australia delivering industry required and venue specific education solutions. Visit clubtraining.com.au to learn more.
The AML/CTF course is delivered online via CTA Training Specialists’ LMS platform. The course will be accessible via most devices and will require a stable internet connection.
Learners will be able to complete this course at their own pace.
No, you can login as many times as required to complete the course, your progress will be saved each time.
Date of Birth
It is a government requirement that we capture this information.
Email Address
Your email address must be unique and not previously used by another student.
Name on my certificate?
Our system will print your name EXACTLY as you enter it into the enrolment screen. Please take care to spell your name correctly and use capitals correctly.
Incorrect Information
Simply send an email to online@ctatraining.com.au or contact us via LiveChat on our website and we can amend the information.
- From the time of enrolment, you have 3 months to complete your online training course.
- There are no refunds if you do not complete the course within the time frame given.
- Please allow approximately four (4) to six (6) hours to complete your online training course.
- You can login as many times as required to complete the course, your progress will be saved each time.
Start Your AML/CTF Training Today
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