Summary

This programme explores AML risks in the industrial sector, focusing on trade-based money laundering and fraudulent invoicing techniques.

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

Course Objectives

• Understand how industrial companies can be exploited for money laundering

• Identify common money laundering techniques in industrial companies

• Recognise red flags and suspicious transactions in the industrial sector

• Apply best practices for detecting and preventing money laundering in industrial companies

• Comply with AML regulations and reporting obligations

Course Structure

• Section 1: Introduction to Money Laundering in Industrial Companies

• Section 2: Common money laundering techniques in Industrial Companies

• Section 3: Recognising Red Flags in Industrial Companies

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

• Section 5: Regulatory Compliance and Reporting

• 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.