Overview

Financial crime remains a significant risk for organisations, individuals and society. Criminals may use legitimate businesses, financial systems, assets, transactions and structures to hide criminal property, fund terrorism or support proliferation activity.

This online course helps learners understand the core principles of AML, CFT and CPF, why they matter, and how employees can play their part in preventing, detecting and reporting financial crime concerns.

The course also explains the difference between money laundering, terrorist financing and proliferation financing, the three stages of money laundering, the role of customer due diligence, the risks linked to tax evasion, and the importance of following internal reporting procedures.

It includes Jersey and Guernsey considerations, recognising that local requirements, regulators and reporting routes may differ between jurisdictions.

Learning Objectives:

This course covers the following topics

• What are money laundering and AML?
• The three stages of money laundering
• Why money laundering matters
• What is Countering the Financing of Terrorism?
• What is Countering Proliferation Financing?
• The role your organisation plays in prevention
• Tax planning, tax avoidance and tax evasion
• Offences, consequences and reporting
• Jersey and Guernsey considerations
• Test your knowledge
• Final task

Target Audience

This training is suitable for individuals and corporate teams who need an introduction or refresher on financial crime awareness.

It is particularly relevant for employees working in regulated businesses, financial services, professional services, compliance, operations, customer/client-facing roles, or any role where financial crime risks may arise.