Anti-Money Laundering Course Overview

CPD & Institute of Hospitality Approved

Money laundering is a significant global criminal issue. This course begins by defining money laundering and explaining the “regulated sector” as outlined by the Proceeds of Crime Act.

The course covers various money-laundering offences, including tax evasion, theft, fraud, bribery, and the financing of terrorism. You’ll learn to identify ‘red flags’ that may indicate illegal activities and understand the links between money laundering and certain financial institutions.

You’ll also explore how the regulated sector combats money laundering through compliance, due diligence, and maintaining proper records. Finally, the course will focus on the internal controls and monitoring systems companies use to prevent money laundering, including policy creation, effective reporting channels, and staff responsibilities.

Learning Objectives

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

  • Recognise key money-laundering legislation and its connection to other financial crimes.
  • Define money laundering, understand what causes it, and its impact on individuals, businesses, and the economy.
  • Understand the principles of due diligence and the regulations and regulators involved.
  • Evaluate internal controls that help mitigate and monitor money-laundering risks.
  • Acknowledge employee responsibilities in enforcing internal controls, identifying signs of money laundering, and reporting suspicious activities.

Target Audience

This course is ideal for individuals working in organisations that handle large sums of money or for anyone entering or working within regulated industries. It’s also beneficial as an introduction to money laundering for those new to the field.

Advantages

Providing staff with training in this area demonstrates that your company is taking active steps to identify and prevent money laundering.

This online course is flexible, allowing learners to complete modules at their own pace, making it easy to fit training around work and personal commitments.

Further Progression

For candidates looking to further enhance their qualifications, our ILM-approved Leadership Skills and Developing Teamwork courses provide recognised certifications.

Those new to management may find our Managing Meetings course a valuable next step. Alternatively, exploring our wider range of Business Skills courses will help broaden their professional development.

For those in the financial sector, our Anti-Bribery and Corruption course delves into another financial crime, offering insights into how management and staff can mitigate the risks of bribery and corruption within their organisations.

Recommended System Requirements

  • Browser: Up to date web browser
  • Video: Up to date video drivers
  • Memory: 1Gb+ RAM

Download Speed: Broadband (3Mb+)
Duration: 50 minutes (Note: This is based on the amount of video content shown and is rounded off. It does not account in any way for loading time or thinking time on the questions).
Cost: £35+VAT

Anti-Money Laundering  Online Booking

Course Module number Module name Pass % required
Anti-Money Laundering 1 Introduction 70
Anti-Money Laundering 2 The Law 70
Anti-Money Laundering 3 Money-Laundering 70
Anti-Money Laundering 4 Due Diligence 70
Anti-Money Laundering 5 Internal Controls and Monitoring 70