Money-Laundering is a major criminal problem, worldwide. This course starts by defining moneylaundering and describing the ‘regulated sector’ as defined by the Proceeds of Crime Act.
The course discusses a number of money-laundering offences, including tax evasion, theft, fraud, bribery and the financing of terrorism. You’ll learn about some of the ‘red flags’ which could indicate illegal activity, and the connections between money-laundering and certain financial institutions. You’ll see how the regulated sector combats money-laundering through compliance, due diligence, and record-keeping. Finally, the course examines the internal controls and monitoring used by companies to fight against money-laundering, including policy statements, effective reporting systems, and staff responsibilities. Target Audience This course is suitable for anyone working in an organisation that handles large amounts of money. It can also be used as an introduction to the subject for those working or planning to work in a regulated sector. Advantages: Training staff in this area can be used as part of a company’s proof that they are actively working to identify and discourage money-laundering. Online training is flexible, efficient and cost effective meaning the candidate can progress through the modules at their own pace and in their own time, so they can fit the training in around their work and personal life.
For candidates that want to add more qualifications to their CV our Leadership Skills and Developing Teamwork courses are ILM approved and can provide them with a recognised qualification.
For candidates new to management roles Managing Meetings would be a great next step although working through any of our range of Business Skills courses would be valuable. For anyone working in the financial industry our Anti-Bribery and Corruption course would be a good further step as it explores in detail another financial crime and will show you some of the ways management and employees can reduce the risk of bribery and corruption in their organisations.
Module Name Pass % Required
Anti-Money Laundering 1 Introduction 70
Anti-Money Laundering 2 The Law 70
Anti-Money Laundering 3 Money-Laundering 70
Anti-Money Laundering 4 Due Diligence 70
Anti-Money Laundering 5 Internal Controls and Monitoring 70
Recommended System Requirements
• Browser: Up to date web browser
• Video: Up to date video drivers
• Memory: 1Gb+ RAM
• Download Speed: Broadband (3Mb+)
Duration: 50 minutes (Note: This is based on the amount of video content shown and is rounded off. It does not account in any way for loading time or thinking time on the questions).
This course will contain a series of online tests as part of the formal assessment process, to ensure students are effectively absorbing and understanding the learning topics covered during the course.
The tests will include:
End of Module Multiple Choice Test
Final Interactive Assessment Test
interactive course assessments
End of Module Test
At the end of each module within the course, learners will be asked to complete a series of short multiple choice tests. This is done to assess the learner’s ability and knowledge of the topics covered within the course. The results of these end of module test are instantaneous, so learners can track their grades as they progress through the course.
The results from the End of Module Multiple Choice Tests will not be weighted towards the final grade of the course. The end of module test provide reflective learning for student to understand and prepare for the type of questions contained within the final assessment.
Final Assessment Test
The final assessment test is an online interactive examination containing 50 questions to be completed within a 60 minute time frame. The final assessment will contain questions from all modules and topics covered within the course. Prior to taking the final assessment learners have the ability to take a mock simulation test, to understand the question styles and format of the final assessment before taking the real test.
The results from the final assessment test will count 100% towards the final grade for the course. The results are instantaneous so learners will be informed straight away as to how they have performed on the assessment.
If learners are unsuccessful in the first attempt at the final assessment test, learners can retake the final assessment test an unlimited number of times until a pass grade or higher is achieved. This course comes with a complete exam pass guarantee. Learners can take the test an unlimited number of times until they pass, which is included in the price of the course.
Upon successful completion of the final assessment test, certificates for the course will be produced within 1-3 working days.
Upon completion of the course learners will be awarded with the CPD Certificate of Achievement Award.
This course is CPD accredited with the CPD Certification Service. Your certificate will display the universally recognised CPD Certification Service logo as proof of your knowledge and competencies gained from taking this course.
The Certificate of Achievement will provide proof that you have studied the course and will contain your grade classification level. You can use the certificate from us as part of your portfolio of evidence and/or use it to attend job or academic interviews.
The CPD certification is also a vital measure of your professional commitment, as taking this course clearly demonstrates your potential to employers and the value that you can bring to an organisation. It shows that you are serious about your chosen career sector and it can be that crucial step in helping you to gain a new job or promotion.
What is CPD?
The CPD Certification Service was established in 1996 as the leading independent organisation operating across all sectors to complement CPD polices of professional and academic institutions. Recognised nationally by employers, professional organisations and academic intuitions the CPD Certification Service is a valuable certificate to achieve.
CPD stands for Continuing Professional Development. CPD is a commitment to lifelong learning, a skill that is invaluable to all people in society. Employers from both the public and private sectors, as well as academic intuitions across the UK and internationally recognise Continuing Professional Development (CPD).
CPD is a great way for individuals to gain new skills, improve their job prospects, gain greater job satisfaction and also help to secure a promotion.
Benefits of CPD
Regardless of where you are in your career, undertaking a CPD course can help you;
Enhance your employment opportunities
Improve career satisfaction
Track prior learning
Show you are up-to-date with the requirements of your job
Contribute to your CV
Lead to further education
Demonstrate your commitment and value within your organisation
Prepare you for promotion
When you finish with the course your certificate will contain the recognised CPD mark.