FNSSS00010 Anti-money Laundering and Counter Terrorism Financing Skill Set

Release 1

FNSSS00010 Anti-money Laundering and Counter Terrorism Financing Skill Set

Modification History

Release	Comments
Release 1	This Skill Set first released with FNS Financial Services Training Package Version 2.0.

Description

This Skill Set is designed for individuals who work in job roles involving customer due diligence, reporting and record keeping that must adhere to obligations in providing services under the anti-money laundering and counter terrorism financing (AML/CTF) Act.

Pathways Information

The units of competency provide credit towards:

FNS50815 Diploma of Integrated Risk Management

FNS51015 Diploma of Financial Markets

FNS60715 Advanced Diploma of Financial Licensing Management.

Units in this Skill Set may form part of a qualification that meets some of the entry requirements for FNS80115 Graduate Diploma in Anti-money Laundering and Counter Terrorism Financing. Refer to entry requirement details in the qualification.

Licensing/Regulatory Information

Not applicable.

Skill Set Requirements

FNSFMK505 Comply with financial services legislation and industry codes of practice

FNSINC502 Assess financial products and services vulnerability to money laundering and terrorism financing

FNSRSK502 Assess risks

Target Group

Not applicable.

Suggested words for Statement of Attainment

The units of competency in this Skill Set from the FNS Financial Services Training Package address the needs of individuals working in roles required to adhere to anti-money laundering and counter terrorism financing regulatory obligations.

Custom Content Section

Not applicable.