Benefits

Members

Membership of the Society brings international recognition of your experience and qualifications. A global Society with local application, the Society is developing local content for members, with local training and education. Core principles are global, law and regulation and certain risks are country, region and industry specific. The Society's education programme takes account of that.

But the Society lives by the maxim "Beyond Compliance." Compliance is important, but it is not the most important: that's protecting society and your company from crime. And so the Society looks further than the basic five planks of a compliance system.

The Global nature of the Society means that new recruits to the industry and MLROs in countries just starting out can be mentored by those with more experience.

Members post their conference papers and articles to the Society website, providing a much needed perspective for the membership at large.

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Corporate Membership

Corporate Membership is open to government departments and bodies corporate which engage full time compliance personnel and are subject to a counter-money laundering regime in accordance with the laws of the country/ies in which they operate. Companies are entitled to refer to Society membership and so display their commitment to good practice and good governance.

Persons employed by Corporate Members are entitled to join the Society without a joining fee and to a reduced annual membership fee during their employment in such company. Further information is available at

Corporate members are entitled to a range of benefits including group discounts at events organised by Anti Money Laundering Network group companies and publications. Such discounts regularly exceed the cost of membership.

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Non-Aligned Groups

There are great benefits for your Group if it joins forces with The Society of Anti Money Laundering Professionals. All the members of your group gets all the benefits of membership and it can even be the basis for a Society branch. Members of the Group, as members of the Society, are recognised for their professional standing and the organisers get the benefits of the back-up of the Society secretariat. All in all, bringing your Group within the umbrella of the Society means long-term benefits and credibility and professional qualifications.

If you run a group or you are a member of a group, for more information, see here

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Consultants

The special classification of "Consultant" is for those who service the industry but do not have the direct responsibilities that law and regulation place on them. Consultant membership demonstrates your specialism in the field. You are entered into the Consultant's directory and are entitled to discounts at events recognised by The Society. Consultants are not required to maintain CPD, however, once the Society implements its examination programme, consultants will be eligible to admission to other grades of membership upon completion of the necessary examination and qualifying experience.

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Sponsors

Sponsors are an important part of The Society. In order to expand Society membership as widely as possible, including small businesses and businesses in developing economies, membership fees are maintained at a very low level - and even then there are substantial discounts for members in Least Developed Countries. Moreover, branches receive a part of those membership fees to defray the costs of running the branch. In addition, Society members recieve World Money Laundering Report free of charge (usually GBP320) and free access to World Money Laundering Report Online: Resources (usually GBP250). Whilst these subscriptions are heavily subsidised by the publisher of World Money Laundering Report, itself a company within The Anti Money Laundering Network, part of the subscription fee is paid for access to those publications. Also, The Society's administration is outsourced to another Group company, AML Net Sdn Bhd which provides administration, sales and tech support.

All this means that sponsorship is an important part of the Society's funding. And therefore the Society provides valuable benefits to its sponsors.

Sponsors may sponsor individual parts of the Society's members' website, may make presentations to members, may distribute material to members and may post white papers within the members' area. In addition, sponsors are given profile on the Society's public website, in the Anti Money Laundering Network's Group media page and in press releases relating to the Society. Sponsors are granted use of a special designation for use on their own websites and marketing material during the period of sponsorship.

By association with The Society's goals, sponsors become recognised as a part of the Community rather than nothing more than a sales organisation. For more information, see

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