AML General Awareness for Dealers in Precious Metals and Stones
Strengthening Compliance in a High-Risk Industry
Dealers in precious metals and gemstones industries face elevated AML risks due to the high value, portability, and tradability of commodities like gold and diamonds – making them attractive for laundering illicit funds. Smuggling and cross-border trade further complicate detection, as criminals exploit gaps in customs controls and international regulations.
AML for Dealers in Precious Metals and Stones Course Overview
This foundational course introduces the principles of AML for dealers in precious metals and stones, highlights key financial crime risks, and addresses sector-specific challenges to support compliance and protect the integrity of your organization.
You’ll learn to
- Distinguish between different types of financial crime
- Describe the types of risks and red flags associated with precious metals and stones
- Analyze ongoing anti-financial crime (AFC) controls
- Identify risk management programs
Key course topics
- Types of financial crime
- Types and categories of risk
- Three lines of defense for the precious metals and stones industries
- Role of know your customer (KYC) and transaction monitoring in managing risk
- Suspicious activity escalation process
Intended audience
The AML General Awareness for Dealers in Precious Metals and Stones Certificate course is designed for professionals across the precious metals and stones industries who need foundational AML training.
Typical job roles include:
- Gemologist
- Goldsmith
- Government Official
- Industry Regulator
- Jeweler
- Jewelry Appraiser
- Jewelry Designer
- Precious Metal Broker
- Precious Stone Retail Associate
Course structure
- Online and self-paced
- Approximately 75 minutes of coursework
- 10-question final assessment
- Complete within four weeks
- Results available immediately
FAQs
You have four weeks from the date of purchase to access the study materials and complete the course. After that, you your learning management system (LMS) access will expire. Please contact us if you need to extend your access for any reason.
The ACAMS AML General Awareness for Dealers in Precious Metals and Stones Certificate does not expire. However, your access to the course materials will end four weeks from the date of purchase.
Pricing
- Access your self-paced online course
- 400 hours of training webinars live and on demand
- Practitioner toolkits and best practice guides
- Perspectives from 115,000+ global members
- Discounts on all ACAMS products