Course Preview
At a glance
Money laundering is a serious crime that can happen in a variety of ways. If employees aren’t on the lookout for it, they risk involving their organization in illegal activity.
Anti-Money Laundering teaches learners about money laundering basics, beginning with the phases of money laundering and common money laundering schemes. Coverage then progresses to the role learners play in prevention, taking a closer look at due diligence, know-your-customer processes and screening procedures. The course concludes by exploring the warning signs of money laundering, as well as employee obligations for reporting them.
When criminals use legitimate organizations to launder money, it exposes the organization to serious consequences. Training employees to recognize and prevent money laundering is critical.
Course Details
All Learners
Key concepts covered in this course for employees:
- What money-laundering is
- Examples of illegal activities that may involve money laundering
- The phases of money laundering
- Myths about money laundering
- Common money laundering schemes
- Knowing your customer
- Identification requirements
- Documentary and non-documentary verification
- Screening and monitoring
- Money laundering warning signs
- Reporting obligations
- The prohibition against tipping off
- What to do if you suspect money laundering
- Non-retaliation
- A reminder of important responsibilities
- An opportunity to review key policies and certify
This course works well with
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Bribery & Corruption: Avoiding the Slippery Slope
This micro learning course covers bribery and corruption policies and laws and offers practical advice on points to consider before ever promising or accepting favors, gifts or entertainment in the course of business. -
Bribery & Corruption: Prevention Is Everyone’s Responsibility
This micro learning course emphasizes a zero-tolerance approach to bribery and corruption and the expectation for all employees to report it.