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’.
Duration
20 – 40 minutes
Qualifications
Learners will receive an e-learning completion certificate, which is downloadable upon successful finishing the course.
Key Elements
- interactive exercises/gaming
- media-rich content
- interactive 3D scenarios
- content provided by market leading experts
- relevant photography and illustrations
- multi-generational content and style
Suitability
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.
What is covered
Mercury’s Introduction to the Prevention of Money Laundering Short Course is designed to provide learners with the 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 occurring in your organisation, and the indicators, or ‘red flags’, of suspicious activity and what to do if concerns are raised.
- What money laundering is
- Legislative framework
- The anti-money laundering policy statement
- Controls and monitoring
- Due diligence
- Training
- Record-keeping
How will I be assessed
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 are assessed at the end of the course by multiple-choice questions.
