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ANTI-MONEY LAUNDERING

50 minutes, including interactions and downloads

Suitable for

This training is a legal requirement for all businesses that operate within the UK. It’s
also practical learning for those people who deal with businesses in the UK,
including:

• Directors • Supervisors
• Managers • Team Leaders
• All Employees

Overview

All organisations need to put in place certain controls and practices to ensure their
business is not used for money laundering. Aside from this, all employees should be
trained in how to spot and avoid situations where money laundering could occur.
This Anti-Money Laundering e-learning course focuses on the importance of
complying with anti-money laundering regulations.

The UK Government states that, ‘Money laundering means exchanging money or
assets that were obtained criminally for money or other assets that are ‘clean’. The
clean money or assets don’t have an obvious link with any criminal activity. Money
laundering also includes money that’s used to fund terrorism, however it’s obtained.’

In this e-learning course, users will learn how to recognise and effectively deal with
attempts at money laundering when it occurs. Learners will understand the minimum
checks, controls and procedures that organisations are expected to have in place
and how they can ensure compliance with relevant regulations.

Course Objectives

With this ‘Anti-Money Laundering’ E-Learning course, learners will:

• Understand what constitutes money laundering and the risks to the business
• Help ensure compliance with Anti-Money Laundering regulations
• Identify how money laundering works, what to look for and how to report it
• Understand the minimum checks, controls and procedures that organisations
are expected to have in place
• Improve general compliance within the organisation
• Help to develop a compliance culture within the organisation
• Help the company avoid potentially costly litigation and fines

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