Anti-Money Laundering online training courses

   Course takes 60 minutes to complete

  Only £48 inc. VAT

   Volume discounts for multiple-course purchases

   Fully automated interactive online solution

    Course outline:

• The Bigger Picture – Financial Crime

  - Gain insights into the effects of financial crime

• What is Money Laundering?

  - Money Laundering
  - What’s the Big Deal?
  - The Crime versus the proceeds of crime
  - How criminals might launder money
  - Using the financial services industry to launder money

• What Is Terrorist Financing?

  - Learn about Terrorist Financing and its effects on the economy

• Prevention

  - The global approach
  - UK criminal offences
  - The Money Laundering Regulations
  - The role of the UK Financial Conduct Authority

• FCA Regulated Firms – high level framework

  - Make certain appointments
  - Conduct Risk Assessments
  - Have policies and procedures in place
  - Books and records
  - When firms get it wrong

• Customer Due Diligence and Ongoing Monitoring

  - Purpose
  - When to apply CDD
  - Conducting CDD
  - The ‘Risk-Based’ approach
  - Issues and pitfalls

• Reporting Suspicious Activity

  - The legal requirement
  - What does ‘Knowledge or Suspicion’ mean in Practice?
  - Reporting to the Nominated Officer
  - What you need to know

• What is my personal liability?

  - My personal liability
  - Managing these risks

• Quiz

  80% Pass Mark

• Conclusion

  - Recap
  - Downloadable Certificate