The digital age has transformed the way we spend our time. With just a few clicks, we can access endless streams of information, entertainment, and social media. But while the internet is a valuable resource, it can also be a time-consuming distraction. As of the third quarter of 2024, internet users spent six hours and 38 minutes online daily. Instead of passively scrolling through feeds, professionals in compliance and AML/CFT can use their online hours wisely to enhance their knowledge and skills.
Here’s how you can practice mindful browsing and turn your screen time into a career-boosting advantage.
1. Follow Reputable Compliance and AML Resources
Instead of aimlessly browsing social media, follow industry-leading websites, organisations, and regulatory bodies to stay updated with compliance, Anti-Money Laundering (AML) and CFT (Countering the Financing of Terrorism) developments. Some valuable sources include:
- Financial Action Task Force (FATF) for global AML regulations
- Mauritius Financial Services Commission (FSC) for local compliance updates
- The Basel Institute on Governance for AML and financial crime insights
- The International Compliance Association (ICA) for training and certification news
- CompFidus Mentoring Ltd for the latest training courses on AML/CFT
Subscribing to these platforms ensures that your feed is filled with relevant, insightful content rather than distractions.
2. Engage in Online Compliance Communities
Networking is essential for any professional, and the compliance field is no exception. LinkedIn groups, compliance forums, and AML discussion boards provide opportunities to connect with industry experts and peers.
Some active communities include:
- Compliance & AML Professionals (LinkedIn Group)
- Global Anti-Money Laundering Forum
- Compliance & Ethics Professionals Network
By engaging in these groups, you can learn from real-world experiences, participate in discussions, and gain insights into emerging compliance trends.
3. Leverage Free Webinars and Online Conferences
Many compliance and AML/CFT experts host free webinars and virtual conferences to share knowledge on evolving regulations, best practices, and risk management strategies. Keep an eye out for events hosted by:
- Regulatory authorities
- Industry associations
- Compliance training institutes
- Law firms specialising in financial crime compliance
Attending these events not only enhances your expertise but also allows you to network with thought leaders in the field.
4. Enroll in Online Compliance & AML/CFT Courses
E-learning platforms offer flexible, self-paced training that allows professionals to upskill without disrupting their work schedules. Whether you need an introductory course or an advanced certification, there are various platforms to explore:
- CompFidus Mentoring Ltd: MQA-approved compliance and AML/CFT training tailored to Mauritian professionals
- International Compliance Association (ICA): Globally recognized AML and compliance courses
- Coursera, Udemy, edX: Affordable online courses from top institutions
By replacing a few hours of social media browsing with structured learning, you can gain certifications that strengthen your career prospects.
5. Listen to Compliance & AML Podcasts
Podcasts offer an excellent way to consume information while on the go. Whether you’re commuting, exercising, or taking a break, listening to industry podcasts helps you stay informed without needing extra screen time.
Some recommended AML and compliance podcasts include:
- Culture of Compliance
- Corruption Crime & Compliance by Volkov Law Group
- Risk & Regulation Rundown by PwC
These podcasts discuss real-world cases, regulatory changes, and investigative techniques, keeping you engaged in your field in a convenient way.
6. Read and Subscribe to Compliance Newsletters
Instead of spending time on irrelevant online content, subscribing to compliance newsletters ensures that the latest regulatory updates land directly in your inbox.
Some useful newsletters include:
- CompFidus Ltd’s Monthly Compliance Update
- FATF’s AML/CFT Bulletins
- ACAMS AML Newsletters
These concise updates provide digestible insights, allowing you to stay ahead in your profession with minimal effort.
7. Follow Industry Leaders and Influencers
LinkedIn and Facebook are powerful tools when used correctly. Following compliance influencers, regulators, and financial crime experts ensures that your feed is filled with industry insights rather than distractions.
Some key figures to follow include:
- Sarika Subdhan – Expert in AML compliance and regulatory frameworks
- Tom Keatinge – founding Director of the Centre for Finance & Security at RUSI
- Dr. Marcus Pleyer – Former FATF President
Engaging with their posts, articles, and discussions can help you broaden your understanding of compliance trends and challenges.
8. Set Screen Time Goals for Learning
Being intentional about online learning is key to success. Set daily or weekly screen-time goals dedicated to compliance-related learning. This could mean:
- 30 minutes of reading industry news
- One webinar per month
- One online course every quarter
By structuring your online hours with clear objectives, you can gradually build expertise while maintaining a work-life balance.
9. Convert Knowledge into Action
Learning is only valuable when applied. After engaging in online training or reading about AML trends, implement what you’ve learned by:
- Updating internal compliance policies
- Training your team on new regulations
- Sharing insights with colleagues or on professional platforms
By putting your knowledge to use, you reinforce learning and position yourself as a valuable compliance professional.
Conclusion
Time spent online doesn’t have to be wasted. By adopting a mindful browsing approach, compliance professionals can transform their screen time into an investment in their future. Whether it’s subscribing to compliance newsletters, enrolling in courses, or engaging in AML discussions, the internet offers endless opportunities to grow professionally.
At CompFidus Mentoring Ltd, we provide expert-led AML & compliance training to help professionals stay ahead in their field. Instead of mindless scrolling, why not take the first step toward upskilling today?
Explore our training programs and start your journey toward compliance excellence!
