What is Money Laundering? Certification

Course Code:
Duration:
1 hours
Qualification:
What is Money Laundering? Certification
Exams Included:
Yes
Compatibility:
All major devices and browsers
Delivery method:
Online (In-house also available )
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What is Money Laundering?
The term “money laundering” is any process that conceals the origins of money obtained by illegal means. It makes money “clean” by rendering it untraceable. Money laundering is a serious offence, as it allows people to make money from crime.

In this course, you will learn how money laundering works, how to identify the warning signs of money laundering and how organisations work to prevent it.

You Will Learn:
How money laundering occurs, why it is illegal and why it is of particular concern to the financial services industry
The three steps criminals typically use when money laundering and how they avoid getting caught
The techniques people commonly use to launder money
How the law and enforcing bodies help reduce money laundering, and the role of the Financial Action Task Force (FATF)
The warning signs you need to look for if you suspect a customer or someone you know of money laundering
Benefits of Taking This Course:
If you work in the financial sector, this course will provide you with a comprehensive introduction to the problem of money laundering
If you are interested in financial law, you will benefit from this introduction to a major, ongoing problem in the financial services industry
If you work in another sector in which large transactions are a regular part of day-to-day business, this course will teach you how to identify potential money laundering schemes so you can report them to the relevant authorities in a timely manner

Course Modules/Lessons
Module 02: How Money Laundering Occurs
Module 03: What Makes Money Laundering Illegal?/The Stages of Money Laundering
Module 04: How Do Criminals Avoid Being Caught?
Module 05: Money Laundering Techniques
Module 06: Anti-Money Laundering Laws