Anti-Money Laundering (Online Course with Assessment)
Duration15 minutes worth of content
Team PD eLearning
Anti-Money Laundering (Online Course with Assessment)
The International Monetary Fund estimates that up to 5% of world GDP or 4 trillion dollars is laundered each year. That’s roughly 3 billion pounds. With a maximum jail sentence of 14 years, do you know all you should about money laundering?
About the Course
There are people in society who do things they’d rather not have the public know about and these people go to great lengths to hide any links between the money generated through criminal activity, from the final transaction when they spend their ill-gotten gains. They do this using a three-stage method known as money laundering, and this course explains how the process works and your obligations under the applicable laws and regulations.
Key Insights
• You’ll find out what money laundering is • Discover if it is a big problem, especially in your country • Find out why money laundering is illegal • Can you go to jail for ignoring the signs of money laundering? • Identify the three main stages of money laundering so you can spot it and stop it • Review the main legislation for the UK • Learn why anti-money laundering policies are so important
Who is it for?
• Anyone who works in the financial services sector • Employees who would like to learn more about money laundering and their responsibilities • Anyone interested in how money laundering works
Course Format: There's approximately 15 minutes worth of content
The course is divided into seven accessible, interactive modules and includes an assessment at the end.