Summary

This course focuses on AML challenges in the trust and corporate services sector, addressing the misuse of corporate structures, trusts, and offshore jurisdictions for money laundering.

This course is one of several courses within the Certificate in Cross-Sectoral Vulnerabilities. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

This course is designed for those working in, or interested in the trust administration, corporate services or compliance areas and who need a fundamental understanding of the AML issues, practices and regulations and their importance in preventing financial crime.

Course Objectives

• Define money laundering and understand its stages

• Understand how money laundering impacts the trust and corporate services sector

• Identify common money laundering typologies

• Recognise the regulatory obligations related to AML compliance

• Implement best practices for preventing and detecting money laundering in their organisation

Course Structure

• Section 1: Introduction to Money Laundering

• Section 2: Money Laundering Risks in the Trust and Corporate Services Sector

• Section 3: Stages of Money Laundering

• Section 4: Money Laundering Typologies in Trust and Corporate Services

• Section 5: Regulatory Frameworks and Obligations

• Section 6: Mitigating Money Laundering Risks

• Section 7: Case Studies

• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 45 and 90 minutes, depending upon your pace of learning. Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.