Anti-Money Laundering

Money-Laundering is a major criminal problem, worldwide. This course starts by defining money laundering and describing the 'regulated sector' as defined by the Proceeds of Crime Act.

The course discusses a number of money-laundering offences, including tax evasion, theft, fraud, bribery, and the financing of terrorism. You will learn about some of the 'red flags' which could indicate illegal activity, and the connections between money-laundering and certain financial institutions.

You will see how the regulated sector combats money-laundering through compliance, due diligence, and record-keeping.

Finally, the course examines the internal controls and monitoring used by companies to fight against money-laundering, including policy statements, effective reporting systems, and staff responsibilities.