Money-Laundering is a major criminal problem, worldwide. This course starts by defining money- laundering anddescribing the ‘regulated sector’ as defined by the Proceeds of Crime Act.
The course discusses several 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 theconnections 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.
Training staff in this area can be used as part of a company’s proof that they are actively working to identify anddiscourage 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.