Course Description
Money laundering poses a significant criminal challenge on a global scale. This course commences by providing a definition of money laundering and delineating the "regulated sector" as stipulated by the Proceeds of Crime Act.
The online Anti-Money Laundering E-Learning course delves into various money laundering offences, encompassing tax evasion, theft, fraud, bribery, and the financing of terrorism. Participants will become acquainted with potential indicators of illicit activities, known as "red flags," and explore the interplay between money laundering and specific financial institutions. The course elucidates how the regulated sector addresses money laundering through adherence to compliance protocols, diligent due diligence practices, and meticulous record-keeping.
Moreover, the online Anti-Money Laundering course scrutinises the internal controls and monitoring mechanisms implemented by companies to combat money laundering. This includes the establishment of policy statements, the implementation of robust reporting systems, and the delineation of staff responsibilities in an effort to prevent illicit financial activities.
Modules Covered
- Introduction
- The Law
- Money-Laundering
- Due Diligence
- Internal Controls and Monitoring
Accreditation
CPD accreditation validates the suitability of this course for individuals seeking to demonstrate their ongoing commitment to personal and professional development.
Our IIRSM & CPD approved courses are owned by VideoTile Learning Ltd and distributed under licence.
Benefits
- Compliance Assurance: Training staff in Anti-Money Laundering serves as evidence of a company's proactive efforts to detect and deter money-laundering activities, enhancing compliance credentials.
- CPD Approval: With CPD accreditation, individuals can utilise this course to fulfil their ongoing professional development requirements, enhancing their credibility and career prospects.
- Flexibility: Online training offers flexibility, allowing candidates to learn at their convenience, accommodating their work and personal schedules.
- Efficiency: Candidates can progress through the modules at their own pace, maximising learning efficiency and retention of key concepts.
- Cost-effectiveness: Online training eliminates the need for travel and venue expenses associated with traditional classroom-based courses, providing a cost-effective training solution.
Eligibility
This online Anti-Money Laundering E-Learning course is appropriate for individuals employed in organisations dealing with substantial financial transactions. Additionally, it serves as an introductory resource for those already employed or considering employment in regulated sectors.
