Anti-Money Laundering (AML) and Financial Crime

CPD Approved IIRSM Approved
Anti-Money Laundering (AML) and Financial Crime
For me
For teams
  • 100% online training

  • Start when you like

  • Learn on any device (desktop, mobile or tablet)

  • Instant assessment and result

  • 1 learner per course

  • Train teams of all sizes

  • Bulk discounts starting at 10% off 10 courses

  • Learn on any device (desktop, mobile or tablet)

£26 +VAT

include vat

Includes a 10% discount for 10+ courses

If you work in the financial services sector (a 'regulated sector') then it's important that you understand the UK's regulations relating to financial crime. This course covers areas of the law that deal with the prevention of financial crime and is intended to provide a background for firms that are subject to the Money Laundering Regulations, as well as those outside the ‘regulated’ sector that might still be used in the money laundering process.

This course was last audited on: 10th Feb 2023
  • Developed by a Chartered Insurance Practitioner
  • Approved by CPD and IIRSM
  • Fully online course and assessment with no time limits
  • Full audio voiceover
  • Approximate duration: 2-3 hours
  • Same day digital certificate. Printed certificate posted the next working day

What you'll learn

By the end of this course, you will:

  • Be able to explain the concepts of money laundering, bribery, tax evasion and terrorist fundraising and understand their impact on the financial services sector and the economy as a whole.
  • Be able to identify and explain the law concerning money laundering.
  • Understand what constitutes a bribe.
  • Understand how the law in relation to financial crime impacts upon the work you carry out in terms of procedures and your responsibilities.

Training you can trust

Course content

ModuleDescription
1Introduction to Financial Crime and Money Laundering

Financial crime, what is money laundering?, the Financial Sanctions List, the Financial Conduct Authority, enforcement and sanctions, the Joint Money Laundering Steering Group and scams.

2The Money Laundering Regulations

Supervisors, registered businesses, the 5th and 6th money laundering directives, the MLCP and MLRO, and vetting, training and reporting.

3UK Anti-Money Laundering Law

Key regulatory requirements of the Money Laundering Regulations, the Criminal Finances Act 2017, The Economic Crime (Transparency and Enforcement) Act 2022, and record keeping, investigation and training.

4The Proceeds of Crime Act, the Terrorism Act and the Bribery Act

The Proceeds of Crime Act 2002, the Terrorism Act 2000, fundraising, tipping off and failing to disclose, and the Bribery Act 2010.

5Client Identification

Individual and company identification, Simplified Due Diligence and Enhanced Due Diligence, and Politically Exposed Persons (PEPs).



 Download Course Overview (PDF)

Assessment

The online assessment is taken on completion of the training material. You will be asked 15 multiple choice questions with a pass mark of 80%. The answers are marked automatically so you will instantly know whether you have passed. If you don't pass don't worry! You can take the test as many times as you need with no extra charge.


Who should take this course?

This course is suitable for anyone who works in the financial services sector that handles or processes large amounts of money, particularly those businesses where illegally-obtained cash, property or goods could be bought, sold or exchanged.

It's a legal requirement for businesses in the regulated sector to put in place systems and controls to prevent financial crime, money laundering and counter-terror financing. This includes those businesses in the financial sector, such as accountants and bookkeepers, and businesses where substantial sums of money form part of the business, such as estate agents and those in the gambling industry.

Does your business require an anti-bribery policy? You might be interested in our Anti-Bribery Training.


Course reviews



How do our courses work?

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Add your chosen course to your basket. Once you’ve added all the courses you need, follow our step-by-step checkout process where you can purchase using Debit or Credit card.

For companies ordering 5 or more courses, you’ll also be given the option to pay by invoice.

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Course access

Once you’ve completed your purchase, look out for an email containing the details you’ll need to start your training.

Simply click the "Get Started" button on the email, and from there you can select whether the training is for yourself or for your team.

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Certificate

If your delivery address is in the UK, we will send a hard copy of your certificate to your UK postal address once you’ve completed your course. Although we try to deliver your certificates as soon as possible, please allow 3-4 working days for delivery.

Don’t want to wait? You can instantly download your digital certificate as a PDF after course completion.

Additionally, please note that if your company is paying by invoice we can only issue certificates after your order has been fully paid.

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Continued support

Our friendly customer support team is happy to help at any stage of your training. Call us on 0333 006 7000 or contact support@highspeedtraining.co.uk, and we’ll do our best to answer any questions you may have. 

Additionally, have you seen our help page? It’s full of useful information to help guide you through your training experience.