CPD Approved

Course Description

Money-Laundering is a major criminal problem, worldwide. This course starts by defining money laundering and describing the ‘regulated sector’ as defined by the Proceeds of Crime Act.

The course discusses a number of money-laundering offences, including tax evasion, theft, fraud, bribery and the financing of terrorism. You’ll learn about some of the ‘red flags’ which could indicate illegal activity, and the connections between money-laundering and certain financial institutions.

You’ll see how the regulated sector combats money-laundering through compliance, due diligence, and record-keeping.

Finally, the course examines the internal controls and monitoring used by companies to fight against money-laundering, including policy statements, effective reporting systems, and staff
responsibilities.

Target Audience

This course is suitable for anyone working in an organisation that handles large amounts of money. It can also be used as an introduction to the subject for those working or planning to work in a regulated sector.

Advantages

Training staff in this area can be used as part of a company’s proof that they are actively working to identify and discourage money-laundering.

Online training is flexible, efficient and cost effective meaning the candidate can progress through the modules at their own pace and in their own time, so they can fit the training in around their work and personal life.

Further Progression

For candidates that want to add more qualifications to their CV our Leadership Skills and Developing Teamwork courses are ILM approved and can provide them with a recognised qualification.

For candidates new to management roles Managing Meetings would be a great next step although working through any of our range of Business Skills courses would be valuable.

For anyone working in the financial industry our Anti-Bribery and Corruption course would be a good further step as it explores in detail another financial crime and will show you some of the ways management and employees can reduce the risk of bribery and corruption in their organisations.

Course	Module Number	Module Name	Pass % Required
Anti-Money Laundering	1	Introduction	70
Anti-Money Laundering	2	The Law	70
Anti-Money Laundering	3	Money-Laundering	70
Anti-Money Laundering	4	Due Diligence	70
Anti-Money Laundering	5	Internal Controls and Monitoring	70