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FINANCIAL CRIME ESSENTIALS

               30 minutes


               Suitable for

               Financial crime is an increasing concern for all financial institutions, big and small.
               Detecting and preventing financial crime is a challenge that we should all have some
               awareness of - knowing how to spot it and what to do when we have suspicions that
               it has occurred. Therefore, this course is for anyone within an organisation.


               Overview


               Financial Crime involves illegal acts committed by individuals or groups of people to
               obtain a financial or professional advantage. This type of crime has become big
               business for criminals who have a variety of different methods of generating illegal
               income. Typically, the different types of financial crime are:


                    •  Money Laundering                          •  Violating Sanctions
                    •  Fraud                                     •  Identity Crime
                    •  Cyber Crime                               •  Bribery and Corruptions
                    •  Terrorist Financing                       •  Tax Evasion
                    •  Market Abuse                              •  Insider Dealing

               This Financial Crime Essentials e-learning course focuses on raising awareness of
               the different types of financial crimes and the Criminal Finances Act, how they are
               perpetrated and what this can mean for individuals and organisations. It also looks at
               the individual’s responsibilities regarding financial crime, the due diligence they
               should perform, spotting warning signs and reporting suspicious activity.


               Course Objectives

               Learners will become more aware of the dangers of financial crime, and what actions
               can be taken by organisations and individuals to make sure they do not become
               victims.


                   •  Understand what constitutes financial crime and the risks to organisations and
                       individuals
                   •  Help ensure personal awareness of financial crime
                   •  Appreciate the damage that financial crime can cause to individuals and
                       organisations
                   •  Understand obligations as a manager / employee and know how to effectively
                       deal with suspicions
                   •  Improve general compliance within the organisation
                   •  Help to develop a compliance culture within the organisation




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