Adventures into Anti-Money Laundering (Global)

Our Adventures in Anti-Money Laundering course takes a highly immersive approach to present and explore AML principles in practice. While these principles are most relevant to organisations in a regulated sector, the general principles are relevant to any organisation that wishes to operate in an ethical manner.

Key Learning Points:

  • Identify what money laundering is and the steps involved.
  • Identify what activities are involved in money laundering.
  • Recognise that regulated and non-regulated sector businesses have different AML responsibilities.
  • Identify the red flags that can help to identify unusual activity.
  • Recognise the function of sanctions lists.
  • Recognise the importance of initial and ongoing due diligence.
  • Identify actions you can take to identify unusual activity.
  • Identify when and how to report unusual activity.
  • Identify the consequences of failing to report unusual activity.

Course Overview

While anti-money laundering and counter financing of terrorism regulations vary by jurisdiction around the world, certain best practice principles run through them. The Adventures in Anti-Money Laundering course takes a highly immersive approach to present and explore these principles in practice. While these principles are most relevant to organisations in a regulated sector, the general principles are relevant to any organisation that wishes to operate in an ethical manner.

Chapter 1 of this course is also available to purchase separately. This course is called ‘Introduction to Anti-Money Laundering’.

Course Details

  • Course can be tailored to meet your specific requirements

Course Contents

Chapter 1: Frankie's Files

In this module, you’ll take on the role of an account manager at Napellus. Your colleague Frankie has disappeared, so you’re looking after his accounts. While you’re getting up to speed on Frankie’s accounts, you start to notice some anomalies. Through the scenario, you explore the basics of money laundering and its related offences, the difference between regulated and non-regulated responsibilities, and who the responsible persons are for anti-money laundering matters.

Chapter 2: Frankie's Red Flags

In this module, you’ll continue the role of an account manager at Napellus. Frankie makes contact. He’s in hiding because when he realised he should have reported some red flags, he accidentally tipped off one of his clients, who made threats. He wants you to go through his files to see who else might be after him. You report this to the MLRO, who says he’ll handle Frankie. He also asks you to help him investigate Frankie’s accounts and identify the red flags he failed to report. This chapter covers how and when to identify red flags and other risk factors.

Chapter 3: Reporting Frankie's Red Flags

In this module, you’ll continue the role of an account manager at Napellus. You now have to make your report to the MLRO. You will go through the steps for making a suspicious activity report and the kind of information to include, re-emphasising the need for confidentiality. You’ll also discuss what might happen next for the company and for Frankie, including the consequences for failing to report suspicious activity and whether Napellus will be held liable for Frankie’s mistakes.

This course is published by Cylix

Tailored versions of the courses are available for the following sectors

Compatible for

Any Workplace

Public Sector

University/HE

College/FE

School

Fire & Rescue

The Assessment

The learner will answer questions scattered throughout each module and collect badges to track your progress. The learner must collect 80% of the badges in each module in order to pass.

2 Ways of Purchasing

You can purchase our courses individually or for even better value you can purchase the complete range of Compliance, Health and Safety or Performance Management courses in one neat bundle.

1. Individual Licenses

If you buy courses on an individual bases you pay a price per learner, per course per year. You can run these courses on your own LMS if Xapi/SCORM compliant or you can take them online.

Recommended

2. Complete Bundle

Buy all of the Compliance, Health and Safety or Performance Training courses in one great value package and receive unlimited benefits including our AI driven Learning Experience Platform, Astute.

1. Individual Pricing

Number of Learners Cost (per year)
1 - 10
£34.50 / per learner
11 - 20
£29 / per learner
21 - 50
£23 / per learner
51 - 100
£17.50 / per learner
101 - 150
£11.50 / per learner
150+
Exchange rates are updated regularly but are only intended as a guide.

2. Complete Bundle Pricing

If you buy all the Compliance, Health & Safety or Performance Training in a complete bundle, all features come as standard, no matter the size of your organisation!
Number of Learners Cost (per year)
50 - 100
£34.50 / per learner
101 - 200
£29 / per learner
201 - 300
£24.50 / per learner
301 - 400
£21 / per learner
401 - 500
£17.50 / per learner
501 - 750
£14.50 / per learner
751 - 1000
£11.50 / per learner
1001 - 2500
£9.50 / per learner
2501 - 5000
£7 / per learner
5000 - 10,000
£6 / per learner
10,000 +

Included Features

  • All courses in our catalogue
  • Our Learning Experience Platform ‘Astute’
  • New courses added regularly
  • Branded, downloadable posters
  • Customise Course Content for Your Team
  • Regular course updates
  • Dedicated Account Manager
  • Unlimited help desk support
Exchange rates are updated regularly but are only intended as a guide. Prices are based on a 2 year contract.

Why you need our Global Anti-Money Laundering training:

Anti-Money Laundering and Terrorist Financing regulations vary between countries, but the principles remain the same whether on organisation is complying with industry regulations or simply operating as ethically as possible. Our immersive Global Anti-Money Laundering eLearning covers general principles that are applicable to both non-regulated and regulated organisations.

FAQ's

If you have any questions that are not covered here, please get in touch.

If you have any feedback about our products please contact us at [email protected]

7 Day Instant FREE Trial