Anti-Money Laundering CPD Course

In this course you will learn about the concepts of money laundering and terrorist financing, as well as the efforts that are being made to prevent them. You will also learn about the types of crime associated with money laundering, the negative social and economic impact that they can have and the scale of these crimes.

In simple terms, money laundering is when attempts are made to make ‘dirty’ money look ‘clean’. ‘Dirty’ money has usually been obtained through criminal activity and is not able to be used in an ordinary way without raising the suspicions of financial institutions and the authorities. Criminals therefore seek to launder their illicit profits in order to disguise their origin. This allows the money to then be utilised freely within the mainstream financial system.

In this course you will learn about the warning signs and red flags that should alert employees in a business that a customer may be involved in money laundering or terrorism financing.

You will also explore the role and importance of Suspicious Activity Reporting with the NCA, how to file a report and how to ensure it is of a high quality.

In order to complete the course, you must achieve 80% or more in the final multiple choice quiz.

You will earn 3 CPD points on completion of the course, this course will take around 3 hours to complete and the certificate will last for two years.

• Fully CPD registered
• Completed online with instant downloadable certificate
• Fully printed certificate posted next day
• Complete the online multiple choice assessment as many times as you need to pass

Units Covered

• Unit 1 – Introduction to Money Laundering – In the first unit of our Anti-Money Laundering course you will be introduced to money laundering and terrorist financing, as well as the efforts taking place in the UK to prevent them.
• Unit 2 – Laws, Acts and Policies – In this unit you will learn about the primary AML/CTF legislation in the UK, the offences that they set out and the maximum penalties that can be given to those convicted of them.
• Unit 3 – Money Laundering Regulations 2017 – You will explore the Money Laundering Regulations in the UK and the legal responsibilities that they set out for businesses. You will also cover the roles of a money laundering reporting/compliance officer.
• Unit 4 – Spotting Red Flags and Suspicious Activity – In the final unit of the Anti-Money Laundering course you will be introduced to how staff within a business can spot suspicious activity and the warning signs that a customer may be involved in money laundering or terrorism financing.

Suitable for anyone who is wanting to know more about Anti-Money Laundering.

You are required to complete a multiple choice quiz at the end of the course, you must achieve 80% or above to pass, if you don't pass first time, you can re-take as many times as you need to pass.

Suitable for anyone who is wanting to know more about Anti-Money Laundering.