The International Compliance Association, a prominent training body for the global regulatory and financial crime compliance community, is now offering a specialist certificate in money laundering risks in new technology.

The course concentrates on the increasing effect of technology and the advantages that it brings, along with the ways in which criminals can exploit it for acquisitive gain.

The ICA estimates that criminals are laundering US$2 trillion through financial institutions every year. Europol estimates that banks all over the world are spending $260 billion each year to combat money laundering.

The certificate is available through an online course that covers the essential concepts of financial crime, the fundamentals of new and emerging technology, RegTech, crypto-currency and the digital revolution in financial services. It looks at the financial systems of the future. According to the ICA, the course is suitable both for risk managers and IT people who need to understand compliance and financial crime when designing or onboarding new technology. People from the world of compliance are welcome also.