CPD & Institute of Hospitality Approved
Money-Laundering is a major criminal problem, worldwide. This course starts by defining money
-laundering and describing the ‘regulated sector’ as defined by the Proceeds of Crime Act.
The course discusses a number of money-laundering offences, including tax evasion, theft, fraud,
bribery and the financing of terrorism. You’ll learn about some of the ‘red flags’ which could indicate
illegal activity, and the connections between money-laundering and certain financial institutions.
You’ll see how the regulated sector combats money-laundering through compliance, due diligence,
Finally, the course examines the internal controls and monitoring used by companies to fight against
money-laundering, including policy statements, effective reporting systems, and staff
- The Law
- Due Diligence
- Internal Controls and Monitoring
By the end of this course, you will be able to:
- Identify the key pieces of legislation in regard to money laundering and its relation to other
- Define the term Money laundering, what leads to it and the effect it has on others, the
business and economy.
- Understand the concept of due diligence and the regulations that is applied and the
regulators that can be consulted.
- Evaluate internal controls to help reduce and monitor activities that lead to money
- Remember employee responsibilities in applying internal control, recognise the signs of
money laundering and reporting concerns.
This course is suitable for anyone working in an organisation that handles large amounts of money. It
can also be used as an introduction to the subject for those working or planning to work in a
Training staff in this area can be used as part of a company’s proof that they are actively working to
identify and discourage money-laundering.
Online training is flexible, efficient and cost effective meaning the candidate can progress through
the modules at their own pace and in their own time, so they can fit the training in around their
work and personal life.
For candidates that want to add more qualifications to their CV our Leadership Skills and Developing
Teamwork courses are ILM approved and can provide them with a recognised qualification.
For candidates new to management roles Managing Meetings would be a great next step although
working through any of our range of Business Skills courses would be valuable.
For anyone working in the financial industry our Anti-Bribery and Corruption course would be a good
further step as it explores in detail another financial crime and will show you some of the ways
management and employees can reduce the risk of bribery and corruption in their organisations.
Recommended System Requirements
• Browser: Up to date web browser
• Video: Up to date video drivers
• Memory: 1Gb+ RAM
• Download Speed: Broadband (3Mb+)
Duration: 50 minutes (Note: This is based on the amount of video content shown and is rounded off.
It does not account in any way for loading time or thinking time on the questions).