MyDSI

Anti Money Laundering

DSI Register

Are you working in the financial sector to combat money laundering and anti-terrorist financing? Do you want to demonstrate your AML expertise in an independent register? And are you willing to continue developing yourself in the field of Anti Money Laundering in the coming years?

The DSI Anti Money Laundering (AML) register includes professionals whose core task is to prevent their organization’s involvement in money laundering. Certification in this register confirms that these experts meet high standards of professional competence, both from DSI and the sector.

How do you apply for this certification?

Various requirements apply for admission and maintenance of this certification, such as admission requirements and mandatory participation in a Continuing Professional Education Program. Below is an overview of the requirements.

Certification begins with registration at DSI via MyDSI. You can do this even before you meet all the requirements. We will then register you as a candidate-certified. Once you fully meet all the requirements, we will convert your registration to certified. Click here for a step-by-step guide on the certification application process at DSI.

Admission requirements

  • General admission requirements
    • The employer or client must be a DSI participant;
    • The candidate must complete a registration screening;
    • The candidate must agree to, and abide by the DSI Code of Conduct;
    • The candidate must maintain their level of knowledge of legislation and regulations;
    • Certified AML professionals must participate in an annual program to maintain their professional expertise: the Continuing Professional Education Program. For more information, click here.
  • Knowledge

    To register for the DSI Anti Money Laundering register, you must have successfully completed one of the following courses:

    OR

    • ACAMS – CAMS-certification, including the successful completion of the NL legislation deficiency module from ACAMS, which will be available in the fall of 2024. Further information will follow soon.
  • Work experience

    During a 12-month period (fulltime equivalent) over the past five years, the certified professional has spent a substantial portion of his/her time on register-related activities, whether in the current position or in previous positions.

  • Certification fees

    You can find the fees for DSI Certification here.

Anti Money Laundering register

For financial sector specialists combating money laundering and terrorism financing

What does the Anti Money Laudering register entail?

More information

Which professionals are listed in the register?

More information

What does the Continuing Professional Education Program entail?

More information

What does the register entail?

The DSI Anti Money Laundering (AML) register is intended for professionals dedicated to preventing financial crime. The number of professionals at banks and investment firms involved in combating financial crime has increased significantly in recent years. These employees work in areas such as Customer Due Diligence (CDD), Know Your Customer (KYC), and Anti Money Laundering (AML). Specifically for AML professionals, DSI has established this register, providing uniform quality standards and supervision for this professional group.

Through the AML register, DSI ensures a basic level of competency and integrity. Additionally, for DSI AML registered professionals, the codes of conduct of DSI and the Disciplinary Rules are applicable.

Registered professionals may have one of two statuses: Certified Professional or Candidate Certified Professional. Both must comply with the Code of Conduct drawn up by DSI. The difference is in the level of education or work experience the professional has acquired. A professional can receive the status of candidate certified if they do not meet all of these requirements.

Certified Professionals listed in the DSI AML register have successfully completed examinations for knowledge. During a 12-month period (fulltime equivalent) over the past five years, they have spent a substantial portion of their time on register-related activities, and have participated in the annual DSI Continuing Professional Education program.

Who is listed in the register?

The DSI AML register includes professionals working within the financial sector with a core task of preventing their organization’s involvement in money laundering. The professional focuses on the proper and suitable application of the laws and regulations and has in-depth knowledge of customer research (KYC and CDD) and transaction monitoring.

What must a registered professional know?

The knowledge required for a registered professional in the DSI AML register is described in DSI’s final terms. These final terms are established by the DSI Advisory Committee and Accreditation Committee.

A professional in the DSI AML register possesses expertise in the following areas:

  • Laws and regulations: Thorough knowledge of national and international laws and regulations related to preventing money laundering and terrorist financing.
  • Customer identification: Understanding of methods and procedures for verifying the identity of customers, including Know Your Customer (KYC) and Customer Due Diligence (CDD).
  • Risk assessment: Ability to identify and assess risks related to customers, transactions, and business relationships.
  • Transaction monitoring: Knowledge of tools and techniques for monitoring financial transactions to detect suspicious activities.
  • Investigation skills: Ability to conduct thorough investigations into suspicious activities, including gathering and analyzing data.
  • Communication: Good communication skills are essential, both for reporting suspicious activities within the organization and for collaborating with regulatory authorities.
  • Technology: Understanding of the technological tools and systems used for AML purposes, such as transaction monitoring software and blockchain analysis.
  • Ethics: A good understanding of ethical issues related to preventing money laundering and terrorist financing, as well as the ability to resolve ethical dilemmas.

Continuing Professional Education program

Keeping your DSI certification up-to-date

As a DSI (candidate-)certified professional in the AML register, you will be required to successfully complete the DSI Continuing Professional Education program (PE) in the future. With the PE program, you will keep your knowledge and skills up to date and stay informed about the latest laws and regulations.

We are currently working on determining the content of this program for the AML register. As soon as more information is available, we will share it on this page. You can read more general information about the PE program here.

More information

If you have any questions about the register, and cannot find the answers in the FAQ page, please contact one of our DSI Cusomer Care Officers. We would be happy to help you! You can contact us by e-mail via the contactform or by calling 020-6201274.