Anti-Money Laundering Online Training Course

Anti-Money Laundering Online Course

Money laundering is a significant criminal problem globally. This course begins by defining money laundering and explaining the ‘regulated sector’ as outlined in the Proceeds of Crime Act.

The course covers various money laundering offences, such as tax evasion, theft, fraud, bribery, and the financing of terrorism. You will also learn about the ‘red flags’ that may indicate illegal activities, as well as the links between money laundering and certain financial institutions.

Discover how the regulated sector combats money laundering through compliance, due diligence, and record-keeping practices.

Lastly, the course delves into the internal controls and monitoring mechanisms that companies use to combat money laundering. This includes policy statements, effective reporting systems, and staff responsibilities.

By the end of this course, you will be able to:

• Identify the key pieces of legislation in regard to money laundering and its relation to other offences.
• Define the term Money laundering, what leads to it and the effect it has on others, the business and economy.
• Understand the concept of due diligence and the regulations that is applied and the regulators that can be consulted.
• Evaluate internal controls to help reduce and monitor activities that lead to money laundering.
• Remember employee responsibilities in applying internal control, recognise the signs of money laundering and reporting concerns.

Anti-Money Laundering Online Training Course

Training staff in this area can serve as a company’s evidence of actively working to detect and prevent money laundering.

This course provides numerous benefits, including comprehensive knowledge of anti-money laundering practices, practical insights into identifying and preventing money laundering activities, and an understanding of regulatory compliance requirements. Gain the necessary skills to effectively combat financial crimes and protect your organisation from legal and reputational risks. Enhance your expertise in anti-money laundering through this formal online training course.

By taking the course online, learners can benefit from the convenience and flexibility of accessing the material at their own pace and convenience. They can also review the content multiple times to enhance their understanding and retention.