Anti Money Laundering

Course description:

This anti-money laundering course provides a general overview of the risk and the implications of money laundering and the impact it has on a business. It is suitable for anyone who works in financial, credit, legal, or estate agency sectors and generally anyone working in a role that involves payments or money.

By taking this course you will have a clear understanding into the key essential facts around money laundering, what money laundering is, the stages of money laundering and help identify money laundering in day to day business. This will help keep you and your business on top of the legislations and controls associated with anti-money laundering.

Who should take this course?

This course is aimed at anyone working in a role that involves payments or money. The course can be used as a general overview of the topic including the legislation and implications. The business sectors can include:

• Financial and credit businesses

• Independent legal professionals

• Accountants, tax advisers, auditors and insolvency practitioners

• Trust and company service providers

• Estate agents

• Casinos

What does this course cover?

This course covers a number of areas in relation to anti-money laundering practices and procedures, including vital information your staff will need to know. The topics covered include:

• What is money laundering?

• The stages of money laundering

• The institutions fined for inadequate controls

• The money laundering risks

• Why it is important to have adequate controls?

• Source of wealth and source of fund

• Politically exposed persons (PEPs)

• Reporting AML

Anti-Money Laundering Course Certificate:

The end of course test consists of 15 multiple choice questions. Learners are required to achieve a 75% pass mark, and, if necessary, may attempt the test three times at no extra cost.

If learners do not achieve the 75% pass mark, further attempts may be given by contacting our support team.

Learners will be able to download a digital certificate on completion.