Effective AML & CFT for Realtors

The content of this course is fully aligned with relevant national ordinances of Curacao, as regulated by the FIU and the Central Bank of Curacao & Sint Maarten (CBCS) and is tailored specifically for realtors in Curacao.

As a regulated profession, realtors are obligated to educate and train all employees on general AML & CFT regulations, as well as internal compliance procedures. Check the flowchart if this course is suitable for your operation or that some alterations are required to ensure your organization is fully training compliant. In that case, please see our company-wide solutions.

If you’re not sure if this particular course is the one for you, please click the button below or feel free to reach out. We’re happy to help.

Learning goals

• Understanding what money laundering is.
• Understanding common ways to detect unusual activity and transactions, possibly connected to money laundering.
• Understanding the basics of reverse money laundering, CTF and the relation to international sanctions.
• Understanding Curacao specific legal framework related to AML & CTF and legal guidance, and guidelines and provisions as set by CBCS.
• Understanding how to perform CDD and EDD in practice.
• Understanding how to report unusual activity and transactions.

Course scope

This course is designed to provide a limited theoretical framework for the daily practice. It is meant to refresh or further deepen your general understanding of the reasoning behind procedures or situations you may encounter during your work. Therefore, it is important to acknowledge that the covered subjects have nuances and complexity that is not reflected in the contents of this course and for which specialist counsel will stay necessary. Improving your understanding will however provide better insight, increase effectiveness and quality of your work, and enhance your capabilities to confer with consulting specialists.

Available learning resources

• Images alongside the text: Images are available to graphically explain concepts described in the text, to help clarify processes or relationships.
• Explainer video: Video is available to provide an alternative way to interact with the learning material.
• Summary: At the bottom of each lesson you will find a summary of the current lesson that summarizes the main take-aways of the lesson.
• Short quizzes: All lessons end with a short graded test to check your understanding of the key insights. By testing at the end of every lesson, it’s easier to pause your training and continue at a later moment.
• Reference Guide: A reference guide is provided at the end of the course, to allow you to read all summaries, quickly access relevant lessons.
• Certificate: Only if you complete all lessons with a passing grade, you’ll receive a certificate. Proving you master all general AML & CTF requirements.