Introduction to Anti-Money Laundering & CTF
| Duration: | ½ day |
| Level: | See Below |
| Suitable for: | This course is designed for those new to the world of anti-money laundering, junior employees, support staff, and those who have changed role and are now caught under the AML legislation for the first time, thereby demonstrating to the regulator your organisation’s adherence to 7.2 (6) of the Handbook. |
| CPD Hours: | 3 |
| Cost: | £155.00 |
| Dates: | Thu 01 Mar 2012 Book Now »
Thu 01 Nov 2012 Book Now » |
Overview
Covering the basics of money laundering and terrorist financing, the course ensures employees understand the risk-based approach to the AML regime. Briefly covering the relevant AML legislation, the implications of failing to report information (under Art 34D) and the tipping-off offence are emphasised.
Aiming to be interactive, case studies are used to demonstrate the risk-based approach in action. A discussion will take place on what stops staff reporting, despite the legislation.
Course content
- What is Money Laundering?
- What is Terrorist Financing?
- Vulnerabilities, Triggers, Risks and Responsibilities
- The Enactments and the AML/CFT Handbook
- What is the Risk-Based Approach?
- Risk-Based Approach in Action – Case Studies
- Mandatory and Post-Reporting Obligations
Learning outcomes
Having attended this course, delegates will:
- Have a better understanding of what constitutes money laundering
- Be prompted to think about their own organisation’s vulnerabilities, and how they can play a part in the fight against financial crime
What's New
Open Day on Saturday 28 April for New Degree Programme
An opportunity to find out more about the BSc (Hons) International Financial Services at the Business SchoolRead More »
CPD Plus Seminar Series 2012-2013 starting 16 May
The 2012–2013 CPD Plus Seminar Series will comprise ten seminars of 50-60 minutes followed by a 15 minute Q&A, plus two highlight events.Read More »