Anti-Money Laundering (UK)
Train your employees on defining money laundering, identifying high-risk factors, and applying customer due-diligence checks.
Course overview
Your employees have likely seen a lot about organised crime on the news. They’re all pretty much in it for one reason: money. But to spend their ill-gotten gains, criminals must try to make their earnings look legitimate. And to do that, they’ll try to trick the employees and the business they work for.
So, employees in finance have the responsibility to be on the lookout for suspicious behaviour. If they don’t do their due-diligence checks, they could inadvertently be helping criminals. Through this course, they’ll understand what criminals do to hide their identity, and how they distance themselves from their earnings.
What’s covered
- Definition of money laundering and businesses subject to supervision
- Identifying high-risk factors for money laundering
- How to apply customer due-diligence checks
Why your teams need this course
The more employees understand money laundering, the better they can protect against it. So, everyone in finance needs to understand how criminals can trick them into accepting dirty money. This course will cover how criminals launder their money, which businesses need to be careful, and how employees should run due-diligence checks.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
Other courses in this collection
Responsible Lending and Affordability (UK)
Train your employees on defining creditworthiness, affordability, sustainability, assessing creditworthiness, and avoiding unfair practices.
FCA Conduct Risk (UK)
Train your employees on conduct risk, the FCA’s 3 objectives, key risk drivers, and management strategies in financial markets.
Anti-Bribery (UK)
Train your employees on defining anti-bribery laws, recognizing bribery offenses, and taking actions to avoid and address potential bribes.
