Summary

This programme explains the Placement stage, the initial step in money laundering where illicit funds are introduced into the financial system. It provides financial professionals with techniques to recognise and counteract placement strategies. Participants will learn to identify suspicious activity, such as structuring and cash-intensive businesses, and to implement best practices for reporting. Real-world case studies highlight common placement methods and their detection.

This course is one of several courses within the Certificate in Anti-Money Laundering. 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 what the placement stage is in the money laundering process
• Recognise the common methods and techniques used during the placement stage
• Identify red flags and suspicious behaviours that may indicate placement of illicit funds
• Apply best practices for detecting and reporting suspicious activity related to the placement stage
• Comply with regulatory obligations and file necessary reports

Course Structure

• Section 1: Introduction to the Placement Stage of Money Laundering
• Section 2: Common methods used in the Placement Stage
• Section 3: Recognising Red Flags in the Placement Stage
• Section 4: Best Practices for detecting and reporting suspicious activity
• Section 5: Regulatory Compliance for the Placement Stage
• 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.