Summary

This programme explores how money laundering occurs within the banking sector, focusing on UK and US regulations. It provides practical insights through case studies and tests knowledge with an assessment, enabling participants to understand AML compliance's role in safeguarding financial systems.

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 Banking sector and who need a fundamental understanding of AML issues, practices, regulations and their importance in preventing financial crime.

Course Objectives

• Understand AML Concepts and Regulations

• Identify Money Laundering Risks and Red Flags

• Implement AML Practices to detect and report suspicious activity

• Analyse Case Studies

• Apply AML Knowledge in practice

Course Structure

• Section 1: Introduction to Money Laundering

• Section 2: AML Processes in Banking

• Section 3: Red Flags and Risk Indicators

• Section 4: Case Studies

• Section 5: AML Compliance Best Practices

• 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.