Anti-Money Laundering Online Training Course

Money Laundering is the process by which criminals disguise the original ownership and control of the proceeds of criminal activities by making such money appear to have been derived from a legitimate source. Complying with anti-money laundering regulations is vital for all organisations. Anti-Money Laundering Regulations place strict responsibilities on businesses and it is your responsibility to ensure that you are fulfilling your obligations and are not facilitating such criminal activities.

Our online Anti-Money Laundering training course is simple to follow, but still provides sufficient course details to help you and your employees to recognise potential money laundering red flags, the importance of knowing your customer and due diligence.  The Anti-Money Laundering course will also help you to understand how to report suspected money laundering activities and how to deal with high risk clients.

Anti-Money Laundering Training – Course Content

Our online Anti-Money Laundering training course will help your team improve the overall management standards in your workplace, whilst reducing the level of risk that your organisation is exposed to.   The full content of our Anti-Money Laundering online training course is summarised below:

Learning outcomes

Upon the completion of this course you will have an understanding of the following:

• What money laundering is.
• How the process of money laundering takes place.
• The legal background to money laundering and your responsibilities in helping to prevent it.
• How money laundering relates to terrorism and crime.
• To who and what money laundering regulations apply.
• What should be featured in an anti-money laundering training programme.
• What a ‘regulated business’ is.
• What you or your business should do to combat the threat of money laundering.
• How to devise a money laundering policy.
• What a ‘nominated officer’ is.
• How to protect yourself and your business from being implicated in money laundering cases.
• What ‘due diligence’ is and how to do it.
• When to apply ‘enhanced due diligence’.
• What is acceptable proof of identity.
• What a ‘beneficial owner’ is.
• What records should be kept.
• How to spot money laundering ‘red flags’.

The duration of the course is approximately 30 minutes and no prior learning is required.

Upon the successful completion of the course, a Training Certificate will be issued.