Money laundering is a very serious financial crime that many criminals employ. Our Anti-Money Laundering in the regulated sector course introduces the basics of money laundering, explores the legislation and responsibilities across the UK and EU provides advice on how to handle suspicious activity. This is a complex financial crime and the principles cored are most relevant to organisations in a regulated sector.
Covering Anti-Money Laundering basics and Legislation and Responsibilities.
The pass mark is 80% in all three modules. Formative questions appear to check your knowledge throughout any assigned topics, but these do not contribute to the final score.
| Number of Learners | Cost (per year) | |
|---|---|---|
| 1 - 10 | ||
| 11 - 20 | ||
| 21 - 50 | ||
| 51 - 100 | ||
| 101 - 150 | ||
| 150+ | ||
| Number of Learners | Cost (per year) | |
|---|---|---|
| 50 - 100 | ||
| 101 - 200 | ||
| 201 - 300 | ||
| 301 - 400 | ||
| 401 - 500 | ||
| 501 - 750 | ||
| 751 - 1000 | ||
| 1001 - 2500 | ||
| 2501 - 5000 | ||
| 5000 - 10,000 | ||
| 10,000 + | ||
Included Features
Each year, billions of pounds of criminal finances are laundered through the economy. Money laundering is the umbrella term used to describe the criminal process wherein illegally gained profits are processed (or ‘laundered’) to make them seem legitimate.
More often than not, laundered money is obtained from criminal activities like extortion, illegal gambling and drugs, and modern slavery. Criminals often launder money to disguise both its origin (to avoid prosecution, paper-trails, and taxes) and its final destination (the money is often used to fund further criminal activity such as terrorist activity and organised crime).
The impact of money laundering can be felt by a number of organisations within the regulated sector and their employees. These organisations can ensure compliance with anti-money laundering legislation by increasing awareness and enabling employees to confidently identify the red flags and signs of money laundering activity.
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