Anti-Money Laundering

Money laundering is a serious criminal problem worldwide, with an estimated £40 billion laundered through the UK annually, equating to over £100 million daily. If you work in the financial services sector, it is crucial to understand the UK’s regulations on financial crime.

This Anti-Money Laundering course provides a far-reaching overview of money laundering, including related offences such as tax evasion, theft, fraud, bribery, and financing of terrorism. You’ll learn to identify the warning signs of illegal activity and the links between money laundering and financial institutions. The the Anti-Money Laundering course you’ll also explore the regulated sector’s methods of combating money laundering, including compliance, due diligence, and record-keeping.

This course helps companies prevent financial crime, including money laundering. It’s useful for regulated firms and those not subject to regulation but at risk of being used in money laundering.

In summary, the Anti-Money Laundering course examines the internal controls, and monitoring companies use to fight against money laundering, including policy statements, effective reporting systems, and staff responsibilities.

This Anti-Money Laundering online course is approved by:

 CPD certification service :

The CPD certification service helps organisations to formalise their expertise into a structured and recognised approach in learning. This conforms the course content is alilgned to the universally accepted Continuing Professional Development (CPD) guidelines.

Institute of Hospitality:

This is a professional body for managers and aspiring managers working and studying in hospitality, leisure and tourism sectors. The institute helps the managers to become the most demanded manaagers within the industry. This recognition makes this course demanding for accomodation managers, catering managers, chef, conference centre managers, event managers, fast food restaurant managers, hotel managers, public house managers, restaurant managers, retail managers and even for apprentices.

Upon completion of this course, you will be able to achieve the following learning objectives:

• Recognise and identify key legislations related to money laundering and its connection with other offences.

• Define the term “money laundering,” its causes, and its effects on various aspects, including businesses and the economy.

• Understand the concept of due diligence and its regulations, along with the relevant regulators to be consulted.

• Evaluate internal controls to reduce and monitor activities that lead to money laundering.

• Recall employee responsibilities in implementing internal control, detecting signs of money laundering, and reporting concerns.

• Explain the concepts of money laundering, bribery, tax evasion, and terrorist fundraising and comprehend their impact on the financial services sector and the economy as a whole.

• Identify and clarify the laws governing money laundering.

The Anti-Money Laundering (AML) course is designed for:

• Individuals who work or want to work in the financial industry

• Other financial institutions

• Banking professionals

• Insurance professionals

• Accounting professionals

• Law enforcement officials who are involved in preventing, detecting, and reporting money laundering activities

• Regulators who oversee AML compliance

• Bookkeepers

• Estate agents

• Those in the gambling industry

• Operational or front-line staff

• Regulated sector

• Those looking after a company or organisation’s finances

• Those who sign off invoices or handle the hiring of new suppliers

• Anyone in these areas who deals with customers and clients.

Over five modules, this course will help you understand how to handle AML and areas of the law that deal with financial crime prevention.

Module 1-  Introduction: 

This section covers the basic of money laundering along with the relevant legal aspects. It also covers areas of the law that deal with financial crime prevention and is intended to provide a background for firms subject to Money Laundering Regulations.

Module 2- The Law 

This module explains Identify the critical pieces of legislation regarding money laundering and its relation to other offences.

Module 3- Money-Laundering

This section details what money laundering is and how illegal money is placed into the system. It also looks at the regulations and why they play an essential role.

Module 4-Due Diligence

In this module, the course looks at the different types of due diligence that should be performed to prevent money laundering. You’ll understand the concept of due diligence, the applicable regulations, and the regulators that can be consulted.

You’ll understand the concept of due diligence, the applicable regulations, and the regulators that can be consulted.

Module 5-Internal Controls and Monitoring

This module emphasises the importance of employee responsibility in recognising signs of money laundering, applying internal controls, and reporting concerns to comply with AML regulations and prevent financial crime.

It does not account in any way for loading time or thinking time on the questions).

This entirely online course can be accessed from any device with the following system specifications:

    • Browser: Up to date web browser
    • Video: Up to date video drivers
    • Memory: 1Gb+ RAM
    • Download Speed: Broadband (3Mb+)