Anti-Money Laundering Online course

This online Anti-Money Laundering E-Learning course is designed for individuals working in organizations handling substantial amounts of money. It serves as a valuable introduction for those in or planning to enter regulated sectors. The course not only equips participants with the knowledge to identify and discourage money laundering but also contributes to a company’s proof of actively combating such financial crimes. CPD approval ensures that participants can utilize this course to demonstrate continuous professional development.

Understanding and Combating Money Laundering

Money laundering is a pervasive criminal issue globally. This course commences by defining money laundering and outlining the ‘regulated sector’ as defined by the Proceeds of Crime Act. It delves into various money laundering offenses, including tax evasion, theft, fraud, bribery, and financing terrorism. Participants will learn to recognize ‘red flags’ indicative of illegal activities and explore the connections between money laundering and specific financial institutions.

Regulated Sector Strategies: Compliance, Due Diligence, and Record-Keeping

The course illuminates how the regulated sector combats money laundering through crucial practices such as compliance, due diligence, and meticulous record-keeping. Participants will gain insights into the internal controls and monitoring mechanisms employed by companies to thwart money laundering. This includes the formulation of policy statements, establishment of effective reporting systems, and clarification of staff responsibilities in the fight against money laundering.