Summary

This course equips finance professionals with the knowledge needed to identify, prevent, and report the laundering of proceeds from drug trafficking, ensuring compliance with AML regulations.

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 connection between drug trafficking and money laundering
• Identify red flags and typologies related to drug trafficking proceeds
• Comply with AML regulations that address drug trafficking proceeds
• Implement effective detection, monitoring, and reporting mechanisms
• Recognise the risks and consequences of failing to address drug-related financial crimes

Course Structure

• Section 1: Introduction to Drug Trafficking and Financial Crime
• Section 2: The Connection Between Drug Trafficking and Money Laundering
• Section 3: Red Flags and Typologies of Drug Trafficking Proceeds
• Section 4: AML Regulations and Legal Obligations for Drug Trafficking Proceeds
• Section 5: Best Practices for Detecting and Reporting Drug-Related Financial Crime
• Section 6: Consequences of Non-Compliance
• 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.