Anti-Money Laundering

Business, Education

6 Lessons

1 hour 7 mins

Complexity : Easy

£10 - Purchase Now

Money Laundering Overview: Understanding the concept, processes, and implications of money laundering.

Identifying Money-Related Activities: Recognizing the methods used by criminals to hide illegal funds.

Legal Compliance: Understanding laws and regulations to prevent and detect money laundering.

Customer Due Diligence: Importance of knowing clients and detecting suspicious behavior.

Risk Management and Reporting: Reporting suspicious activities and managing risks effectively.

Lessons

Brief Description of Anti-Money Laundering
Easy
2 mins

This course will cover the fundamental information that you need to know about money laundering, as well as the pertinent legal elements of the topic, and it will also discuss how businesses may put up systems and procedures to detect and deal with what is a big criminal issue all over the world.
Module 1: Introduction
Easy
14 mins

This is an online course on money laundering basics and law. It also examines how organizations might implement systems and policies to detect and address global crime. Money laundering is hard to quantify globally.
Module 2: The Law
Easy
15 mins

The laws against money laundering will be examined in module 2. Before this act, the AML had rules to combat money laundering. With the AML, UK sanctions were limited to terrorism. Wales and England can apply sanctions unilaterally.
Module 3: Money-Laundering
Easy

This course covers money laundering offenses, including terrorism financing—red flags and how to recognize them. Money laundering, banks, offshore accounts, and politically exposed persons (peps) will also be covered.
Module 4: Due Diligence
Easy
18 mins

In this module, we'll study how regulated sector corporations and organizations may combat money laundering. We focus on customer due diligence, recordkeeping, and expanded due diligence.
Module 5: Internal Controls and Monitoring
Easy
18 mins

Module five examines firms' money laundering internal controls and monitoring. We'll also review money laundering reporting policies, personnel duties, and financial punishments.