What is Money Laundering Certification

What is Money Laundering?

The term ''money laundering'' is any process that conceals the origins of money obtained by illegal means. It makes money ''clean'' by rendering it untraceable. Money laundering is a serious offence, as it allows people to make money from crime.

In this course, you will learn how money laundering works, how to identify the warning signs of money laundering and how organisations work to prevent it.

You Will Learn:

• How money laundering occurs, why it is illegal and why it is of particular concern to the financial services industry
• The three steps criminals typically use when money laundering and how they avoid getting caught
• The techniques people commonly use to launder money
• How the law and enforcing bodies help reduce money laundering, and the role of the Financial Action Task Force (FATF)
• The warning signs you need to look for if you suspect a customer or someone you know of money laundering

Anyone can take up this course upon interest in anytime you want, anywhere you want, all you need is a smart phone/tablet/computer connected to the internet.

Upon completion, you will have a test with multiple choice questions and there is no limit on the number of attempts.

CPD

Benefits of Taking This Course:

• If you work in the financial sector, this course will provide you with a comprehensive introduction to the problem of money laundering
• If you are interested in financial law, you will benefit from this introduction to a major, ongoing problem in the financial services industry
• If you work in another sector in which large transactions are a regular part of day-to-day business, this course will teach you how to identify potential money laundering schemes so you can report them to the relevant authorities in a timely manner

Online Courses Learning is a provider of career essential courses. Simple understandable media content, concept oriented learning which helps develop career opportunities in the corporate World.

The learning experience has been designed from the ground up keeping your success in mind.

You can study at your own pace and from the comfort of your own home.