Summary

This programme educates finance industry professionals on money laundering risks associated with the charitable sector. Participants will learn about methods used to launder funds through charities, recognise red flags, understand regulatory obligations, and develop effective strategies for risk management.

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

Course Objectives

• Understand how the charitable sector can be vulnerable to money laundering and other financial crimes

• Identify key red flags and risk factors that may indicate the misuse of charities for money laundering

• Implement due diligence procedures tailored to clients in the charitable sector

• Apply enhanced due monitoring and reporting for high-risk charity-related transactions

Course Structure

• Section 1: Introduction to Money Laundering in the Charitable Sector

• Section 2: Regulatory Obligations and Compliance Requirements

• Section 3: Identifying Red Flags and Risk Factors in the Charitable Sector

• Section 4: Enhanced Due Diligence (EDD) and Monitoring Procedures

• Section 5: 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.