UK: 0844 854 9218 | International: +44 (0)1488 580017
Description
Complying with Anti-Money Laundering regulations (AML) is vital for all organisations. The AML regulations place several key responsibilities on your organization and you must ensure that you are fulfilling your training duties and obligations.
This easy to follow yet comprehensive course will show your employees how to recognize money laundering red flags, the importance of knowing your customer and due diligence as well as how to report money laundering and dealing with high risk clients.
CPD Certified Course
This online course has reached the required Continuing Professional Development (CPD) standards and benchmarks, and the learning values have been scrutinised to ensure integrity and quality by the CPD Certification Service.
CPD helps individuals to focus on how they can become a more effective professional. It enables them to adapt positively to changes in work/industry requirements. CPD shows a clear commitment to self-development and professionalism.
Learning objectives
By the end of this Anti-Money Laundering online course you will have learned:
• 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’.
Entry requirements
There are no entry requirements.
Course assessment and certification
On successful completion of the final assessment (80% pass mark required), a downloadable certificate is immediately available.
