Summary

This course is designed to help finance professionals understand the connection between corruption and money laundering, and the key role financial institutions play in preventing the flow of illicit proceeds from corruption. By learning how to identify red flags, follow best practices, and comply with AML regulations, finance professionals can help protect the integrity of the financial system and avoid involvement in corruption-related financial crimes.

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

Audience

Course Objectives

• Understand the link between corruption and money laundering
• Identify red flags and typologies associated with corruption-related transactions
• Implement effective controls and processes to detect and report suspicious activities
• Comply with Anti-Money Laundering (AML) regulations related to corruption proceeds
• Apply best practices for monitoring, reporting, and preventing corruption-related financial crimes

Course Structure

• Section 1: Introduction to Corruption and Financial Crime
• Section 2: The Connection Between Corruption and Money Laundering
• Section 3: Red Flags and Typologies of Corruption in Financial Transactions
• Section 4: Regulatory Frameworks for AML and Anti-Corruption Compliance
• Section 5: Best Practices for Preventing and Reporting Corruption-Related Transactions
• Section 6: Consequences of Non-Compliance with AML Regulations
• 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.