Overview

This Anti-Money Laundering course introduces money laundering and its three-step process. Participants learn how illegal activities can impact businesses and individuals while developing skills to identify suspicious behaviour. Through practical case studies, they will learn effective anti-money laundering measures that help recognise and respond to potential threats in their work environment.

Objectives

By the end of the course, trainees will be able to:

• Describe what money laundering and anti-money laundering are
• Explain the three stages of money laundering
• Describe the impacts and consequences of money-laundering activities
• List potential signs or red flags that may indicate money laundering
• Outline the appropriate actions to take if money laundering is suspected

Topics

• Definition of money laundering
• Process of money laundering
• Impact of money laundering
• Definition of anti-money laundering
• Anti-money laundering laws and regulations
• Signs of money laundering
• Your obligations
• Business obligations