Summary

This programme explores how cryptocurrencies are used for money laundering, highlighting the challenges posed by pseudonymity and decentralised platforms. It equips participants with tools to combat cryptocurrency-related 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 cryptocurrency sector and who need a fundamental understanding of the AML issues, practices and regulations impacting on cryptocurrencies.

Course Objectives

• Understand how money laundering occurs using cryptocurrencies

• Identify common money laundering techniques involving cryptocurrencies

• Recognise red flags and suspicious transactions in cryptocurrency systems

• Apply AML best practices to prevent and detect money laundering in cryptocurrency exchanges and services

• Comply with regulatory requirements related to cryptocurrency transactions

Course Structure

• Section 1: Introduction to Money Laundering through Cryptocurrencies

• Section 2: Common Money Laundering Techniques in Cryptocurrencies

• Section 3: Recognising Red Flags in Cryptocurrency Transactions

• Section 4: Best Practices for Detecting and Preventing Cryptocurrency-related Money Laundering

• Section 5: Regulatory Compliance and Reporting Obligations

• Section 6: 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.