SKILLS YOU WILL GAIN
About this Course
This course provides the knowledge and skills necessary to prevent money laundering in your company. It covers the legislative framework concerning money laundering, including the Proceeds of Crime Act 2002 and the Terrorism Act 2000.
In this course, you will learn what money laundering is and how its three-stage process works. You will also learn to detect signs of suspicious activity and take practical steps towards preventing money laundering in the organization.
Businesses in the UK lose an estimated £90 billion annually because of money laundering. Money laundering is used to make the proceeds from illegal activities appear clean or legitimate. By allowing money laundering to happen, a business might be indirectly supporting such criminal activities as human trafficking, drug trade or sex slavery.
This course is ideal for managers and employees who may be in a position where there is a potential risk of money laundering. This includes anyone working in the financial services sector or anywhere where large amounts of money, property or goods are bought, leased, sold or exchanged.
Did you know: Around £100 billion of dirty money passes through UK systems and services every year.
After successfully completing the course you will receive an e-certificate that you can download onto your device.