Anti-Money Laundering
Take this anti money laundering online course. Learn the law, red flags, due diligence and reporting duties.
Fully Accredited
CPD, Institute of Hospitality Approved
Course Description
Course Overview
This anti money laundering online course explains what money laundering is and how the regulated sector combats it. You will learn about key legislation, common offences, red flags for illegal activity, due diligence, record-keeping and internal monitoring controls.
What You Will Learn
- Identify the key legislation relating to money laundering and connected offences
- Define money laundering, what leads to it and the effect it has on businesses and the economy
- Understand due diligence requirements and the regulations that apply
- Evaluate internal controls to help reduce and monitor activities linked to money laundering
- Recognise the signs of money laundering and know your responsibilities for reporting concerns
Course Modules
Introduction
What money laundering is, the regulated sector and why this training matters for your role.
The Law
Key legislation including the Proceeds of Crime Act and offences linked to money laundering.
Money-Laundering
How money laundering works, red flags for illegal activity and connections to financial institutions.
Due Diligence
Due diligence requirements, record-keeping and how the regulated sector prevents money laundering.
Internal Controls and Monitoring
Internal controls, policy statements, reporting systems and staff responsibilities for compliance.
