Skip to content

Anti-Money Laundering

  • 15 Minutes
  • For all staff
  • jurisdiction UK

Money laundering conceals the identity, source or destination of illicit funds and affects organisations in every sector, appearing in incoming and outgoing payments, contracts, grants, investments and partnerships. This 15-minute refresher helps staff recall the three stages of the laundering cycle and stay aware of the offences and penalties under anti-money laundering legislation.

Public bodies handle grants, procurement and property transactions at scale, which makes them attractive routes for placing and layering funds. Staff generally assume AML is a banking concern. A short annual refresher corrects that and keeps recognition current, supporting the counter-fraud and financial control standards public organisations are assessed against.

objectives

What you’ll learn in
this course

  • Recognise the three stages of the money laundering cycle

     

  • Be aware of the offences and penalties under anti-money laundering legislation

     

  • Fulfil your obligations in relation to third-party due diligence and suspicious activity reporting

     

  • Recognise when incoming funds or partnerships - not just outbound payments - may present a money laundering risk

Hear from our customers

Incredibly helpful support team, who work with you to provide tailored advice and practical assistance. You are supported every step of the way. Would highly recommend.

Feefo Customer Rating  ★★★★★ 4.9/5

Ready to try this course?

Start your free trial of this course and get instant access today.

Want to explore more courses?

Browse all courses and search by topic to find what matters most to you.