The term “money laundering” refers to any process that conceals the origins of money obtained by illegal means, making it “clean” and untraceable. Money laundering is a serious offence, as it allows people to profit from crime.
In this course, you will learn how money laundering works, how to identify the warning signs, and how organisations work to prevent it.
What you will learn:
- How money laundering occurs, why it is illegal, and why it is of particular concern to the financial services industry
- The three steps criminals typically use when laundering money, and how they avoid getting caught
- The techniques commonly used to launder money
- How the law and enforcement bodies help reduce money laundering, including the role of the Financial Action Task Force (FATF)
- The warning signs to look for if you suspect a customer or someone you know of money laundering
Course content
6 modules · 1 hour of learning
- Module 01: Introduction (includes quiz)
- Module 02: How Money Laundering Occurs (includes quiz)
- Module 03: What Makes Money Laundering Illegal? / The Stages of Money Laundering (includes quiz)
- Module 04: How Do Criminals Avoid Being Caught? (includes quiz)
- Module 05: Money Laundering Techniques (includes quiz)
- Module 06: Anti-Money Laundering Laws (includes quiz)
This course forms part of our accounting and finance courses, alongside our full CPD course library.
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