Anti Money Laundering & Compliance

In this module you will learn about the scale of the money laundering problem and the steps that are beingtaken,nationallyandinternationally,to combatit.
You will find out more about the money laundering offences and the processes by which money laundering can take place. You will also learn about basis of your obligation to report suspected moneylaundering,ad the tippingoff offences,andhow thesewill affectyou in practice.
You will learn about the UK in this module you will learn about the scale of the money laundering problemandthe stepsthatarebeingtaken,nationallyandinternationally,to combatit.
You will learn about the UK’s anti-terrorism laws, some features of terrorist financing, and what you shoulddo if yourformany suspicionsrelatingto terrorism.
You will focus on the compliance that are imposed on you and your business. These systems and controls can have a real impact in deterring criminals from using the financial system, in protecting the reputationof yourbusiness,andI providingcrucialleadsto law enforcement.
In order to know when you need to make a money laundering report, you need to be able to recognise suspicious activity. Hence the Module teachers you a number of red flags that enable you to spot suspiciousactivities.
Lastan interactivecasestudyallows youto applywhat youhavelearnedthroughoutthe Module.