Financial Crime (AML/CFT/CPF) Enhanced
Financial services can serve as a vital link in the financial crime chain, whether wittingly or unwittingly. With the correct training and risk awareness, all financial services can break the chain and cut off the link that criminals and terrorists need to fund their enterprises. Every suspicious transaction reported or red flag spotted helps break the chain, bring criminals to justice and prevent innocent victims from being hurt by crimes such as human trafficking, drugs, violence, and terror.
This course provides a detailed explanation of money laundering, terrorist financing and proliferation financing and explains how financial services could inadvertently be used in the financial crime chain.
- - Gain an understanding of how money laundering works in practice
- Understand how money laundering can negatively impact their industry, their organisation and themselves
- Know the laws and offences related to money laundering and terrorist financing, including penalties for breaking the law
- Understand the definition of suspicion and how to identify suspicious transactions
- Be aware of red flags relevant to their industry and know how to spot them
Learning Objectives:
Target Learners:
MLROs, NOs, Directors, Managers
Level:
Intermediate
Duration:
60 Minutes
Price:
£80