Who should take this course?
Any employee who may be in a position where money laundering is a potential risk, as well as their managers, and it is also ideal as part of an induction programme.
It can also be used as a stand-alone module by anyone interested in finding out more about economic crime and the legislative requirements placed on individuals and businesses to combat it.
It’s estimated that the scale of money laundering in the UK exceeds £90 billion per year. Criminal entities profiteer at the expense of their victims. The practice of money laundering attempts to make the proceeds from crime, sometimes exploitative and violent crime, including people trafficking and drug dealing, appear legitimate or ‘clean’.
What does it cover?
The Introduction to the Prevention of Money Laundering Short Course is designed to provide learners with an understanding of what money laundering is and understand the three stages of the money laundering process. It will provide the knowledge and skills required to prevent money laundering from occurring in your organisation, and the indicators, or ‘red flags’, of suspicious activity and what to do if concerns are raised.
The course forms part of a suite of short e-learning courses that focus on different types of economic crime and is ideal for employees in busy workplaces who need to understand the issues around money laundering.
The Introduction to the Prevention of Money Laundering eLearning Short Course covers key areas including:
- What money laundering is
- Legislative framework
- The anti-money laundering policy statement
- Controls and monitoring
- Due diligence
How does it work
Our e-learning is available to use on multiple platforms such as tablets, PCs and laptops. All you need is an internet connection. Learners simply log on to the Highfield Learner Management System (LMS) and work their way through the course, along with the scenarios that provide them with real-life context.
Learners will receive a Highfield eLearning completion certificate, which is downloadable upon successfully finishing the course.