Money Laundering Awareness

The Money Laundering Regulations 2017 lays down the obligations of private sector companies working in areas of higher money laundering risk.

Description

Businesses that handle and process large amounts of money are at risk of money laundering and financial crime, particularly those where illegally obtained cash, goods or property could be bought, sold or exchanged. Protecting your business, from a financial and legal standpoint, is vital.

 

The aim of this course is to greater increase your knowledge of money laundering and prevention, as well as the relevant laws and legislation. The key points covered in this course are:

  • The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 & The Proceeds of Crime Act 2002
  • Suspicious activity and signs
  • Money laundering process
  • Prevention.

 

LEARNING OUTCOMES

On completion of this course, learners should know and understand the following:
 
  • Understand and show commitment to The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 / The Proceeds of Crime Act 2002
  • Understand what suspicious activity might look like and any other red flags to look out for
  • Understand the steps in the process of money laundering and how it can be prevented

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