PROFESSIONAL QUALIFICATIONS IN ANTI-MONEY LAUNDERING / COUNTER FINANCING OF TERRORISM (AML / CFT)

1. Certification in Anti-Money Laundering and Counter Financing in Terrorism (CAML)

a. Assessment Structure

Assignment

Referencing and plagiarism

1. Failure to properly reference content, and plagiarism, are taken seriously. Referencing methods are set out in Appendix 3 of the ICA Study Handbook.
2. Any candidate found guilty of plagiarism will be subject to appropriate disciplinary procedures and sanctions.

Marking scheme

1. Assignments are forwarded to the first marker for a detailed review and given a score out of a total of 100 marks.
2. All assignments graded higher than 70% or less than 50% together with a percentage of all assignments initially graded between 51% and 69% are automatically independently reviewed by a second marker.
3. All assignments graded higher than 70% and less than 50% at the second review are then examined by a third marker, prior to the internal marking team agreeing on the final score.

Examination

b. Grade Bands

Results will be expressed in the following grade bands:

c. Criteria for Passing

The passing mark is 50% of the total mark allocation for the assignment and examination. The examination mark is added to the assignment mark and averaged to determine the final assessment result. The passing mark is 50. However, if either the assignment or the examination mark is below 40, this will be deemed as a fail and a re-sit is required.

d. Supplementary Award

In addition to the Certificate in AML / CFT award, candidates will obtain the international award, Advanced Certificate in AML / CFT, which is awarded by ICA in association with the Alliance Manchester Business School, University of Manchester.

2. Advanced Certification in Anti-Money Laundering / Counter Financing in Terrorism (ACAML)

a. Assessment Structure

Assignment

Referencing and plagiarism

1. Failure to properly reference content, and plagiarism, are taken seriously. Referencing methods are set out in Appendix 3 of the ICA Study Handbook.
2. Any candidate found guilty of plagiarism will be subject to appropriate disciplinary procedures and sanctions.

Marking scheme

1. Assignments are forwarded to the first marker for detailed review and given a score out of a total of 100 marks.
2. All assignments graded higher than 70% or less than 50% together with a percentage of all assignments initially graded between 51% and 69% are automatically independently reviewed by a second marker.
3. All assignments graded higher than 70% and less than 50% at the second review are then examined by a third marker, prior to the internal marking team agreeing on the final score.

Examination

b. Grade Bands

Results will be expressed in the following grade bands:

c. Criteria for Passing

The passing mark is 50% of the total mark allocation for assignment and examination. The examination mark is added to the assignment mark and averaged to determine the final assessment result. The passing mark is 50. However, if either the assignment or the examination mark is below 40, this will be deemed as a fail and a re-sit is required.

d. Supplementary Award

In addition to the Advanced Certificate in AML / CFT award, candidates will obtain the international award, International Diploma in Anti-Money Laundering / Counter Financing of Terrorism, which is awarded by ICA in association with the Alliance Manchester Business School, University of Manchester.

PROFESSIONAL QUALIFICATIONS IN REGULATORY COMPLIANCE (RC)

a. Assessment Structure

b. Grade Bands

For both Level 1: Certification in Regulatory Compliance and Level 2: Advanced Certification in Regulatory Compliance, results will be expressed in the following grade bands:

c. Training Methodology

Virtual workshops and online learning:

• 1 x 1.5-hour orientation session and assessment guidance session
• 3 x 3-hour virtual classrooms
• 1 x 3-hour immersive learning scenario (putting you at the centre of a story) and tutorial
• 1 x 1-hour assessment and examination best practice preparation workshop