Introduction to the Prevention of Money Laundering Short Course

What is an e-learning short course?

Short Courses are short e-learning courses designed to give your employees knowledge and understanding of key areas that are increasingly necessary in the workplace, such as cyber security, equality and diversity, data and privacy laws, and health and safety legislation. Each Short Course takes an average of 20 to 40 minutes to complete.

Description

It’s estimated that the scale of money laundering in the UK exceeds £90 billion per year. Criminal entities profiteer at the expense of their victims. The practice of money laundering attempts to make the proceeds from crime, sometimes exploitative and violent crime, including people trafficking and drug dealing, appear legitimate or ‘clean’.

This e-learning 'short course' in money laundering is designed to provide learners with the understanding of what money laundering is, and understand the three stages of the money laundering process. It will provide the knowledge and skills required to prevent money laundering occurring in your organisation, and the indicators, or ‘red flags’, of suspicious activity and what to do if concerns are raised. The course forms part of a suite of short e-learning courses that focus on different types of economic crime, and is ideal for employees in busy workplaces who need to understand the issues around money laundering.

Course Objectives

The e-learning short course in the prevention of money laundering is designed to provide the knowledge and skills required to prevent money laundering and understanding the 'red flags' of suspicious activity. This e-learning course covers the following 7 topics:

  • What money laundering is
  • Legislative framework
  • The anti-money laundering policy statement
  • Controls and monitoring
  • Due diligence
  • Training
  • Record-keeping

Course Outcome

Learners taking this course will be able to understand what money laundering is and how money laundering can be prevented. This course is aimed at any employee who may be in a position where money laundering is a potential risk, as well as their managers, and it is also ideal as part of an induction programme. It can also be used as a stand-alone module by anyone interested in finding out more about economic crime and the legislative requirements placed on individuals and businesses to combat it.

This course includes a number of key features that will benefit the learner. These include the following:

  • Media and content rich exercises that engage learners
  • Interactive content and exercises based on real-life scenarios
  • Multiple choice questions included within the e-learning
  • Personalised certificate is issued upon completion of the course

Duration

Learners are expected to take approximately 20 to 40 minutes to complete this course

Cost

£20.00 + VAT