Anti-Money Laundering Course – Level 3 CPD Accredited

The Anti-Money Laundering Course is split into the following modules:

• Module One: Introduction to Money Laundering
  • What is Money Laundering?
  • Methods of Money Laundering
  • Why Launder Money?

  Module Two: Anti-Money Laundering Legislation and Regulatory Framework

  • United Nations Conventions
  • Anti-Money Laundering Legislation in the UK

  Module Three: Anti-Money Laundering Responsibilities

  • What is a Money Laundering Reporting Officer?
  • MLRO Responsibilities
  • Employee Responsibilities
  • Responsibilities of the ‘Relevant Person’

  Module Four: Risk Based Approach (RBA)

  • Risk Based Approach (RBA)
  • Examples of a Risk
  • Sanctioned Customers and Businesses
  • Developing a Risk Based Approach

  Module Five: Customer Due Diligence

  • Customer Due Diligence and Legislation
  • When to Apply Customer Due Diligence
  • Customer Due Diligence Measures
  • Inability to Apply Customer Due Diligence
  • Enhanced Customer Due Diligence

  Module Six: Record Keeping Requirements

  • Which Records Are Kept?
  • Types of Records
  • Formats of Records
  • Due Diligence Records
  • File Notes
  • Destroying Records

  Module Seven: Identifying and Reporting Suspicious Activity

  • Identifying Suspicious Activity
    • Suspicious Customers
  • Reporting Suspicious Activity
    • Suspicious Activity Report

  Module Eight: Staff Training

  • Staff Training Legislation
  • Staff Training Topics
  • How to Train Staff

The online Anti-Money Laundering Course requires 60 hours to complete the course in full. This is only a guide to the learning hours required and it depends on how quickly an individual can absorb the information. The learning is online so it can be spread out over multiple sessions or done in one session.

Learners will have access to this course for up to 12 months from the date of joining. There is no time limit to complete the course during this period.

This course is delivered online through eLearning. Learners of the course will receive instant access to our interactive student learning portal, which offers 24/7 access to the Anti-Money Laundering Course.