What is Money Laundering? Certification
Online Courses Learning
Summary
- Certificate of completion - Free
- Exam(s) / assessment(s) is included in price
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Overview
The term “money laundering” is any process that conceals the origins of money obtained by illegal means. It makes money “clean” by rendering it untraceable. Money laundering is a serious offence, as it allows people to make money from crime.
In this course, you will learn how money laundering works, how to identify the warning signs of money laundering and how organisations work to prevent it.
Certificates
Certificate of completion
Digital certificate - Included
CPD
Description
You Will Learn:
How money laundering occurs, why it is illegal and why it is of particular concern to the financial services industry
The three steps criminals typically use when money laundering and how they avoid getting caught
The techniques people commonly use to launder money
How the law and enforcing bodies help reduce money laundering, and the role of the Financial Action Task Force (FATF)
The warning signs you need to look for if you suspect a customer or someone you know of money laundering
Benefits of Taking This Course:
If you work in the financial sector, this course will provide you with a comprehensive introduction to the problem of money laundering
If you are interested in financial law, you will benefit from this introduction to a major, ongoing problem in the financial services industry
If you work in another sector in which large transactions are a regular part of day-to-day business, this course will teach you how to identify potential money laundering schemes so you can report them to the relevant authorities in a timely manner
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.