Preventive Measures for Money Laundering and Terrorism Financing

Module Description

This module sets out what is expected of firms and their staff in relation to the prevention of money laundering and terrorist financing, but also allows some discretion as to how they apply the requirements of the Anti-Money Laundering and Countering Terrorist Financing (AML/CFT) regime in the particular circumstances of the firm, and its products, services, transactions and customers.

This module will be of direct relevance to senior management, nominated officers and MLROs, and those who set out the firm’s risk management policies and its procedures for preventing money laundering and terrorism financing.

Entry Requirements

Candidates who apply for this course must possess one of the following:

• Level 6 Degree related to one of the following areas: Law, Artificial Intelligence, Finance, Accounting, Governance, Business and Government Policy;

OR

• Level 5 Diploma or Higher Diploma and 4 years’ work experience, preferably in a supervisory or managerial role;

OR

• Level 6 degree not related to Law, Artificial Intelligence, Finance, Accounting, Governance, Business and Government Policy and a minimum of two years relevant experience.

Target Audience

This course is targeted at people within the financial and banking sector, legal sector, governance sector, business sector, artificial intelligence sector, and other individuals seeking professional and academic advancement in the field of Anti-Money Laundering and Compliance.

How you’ll be assessed

The method of assessment is assignment-based.

The module comprises:

• 6 lectures;
• 3-hour lectures;
• 12 hours of online content, comprising synchronous online discussions, tutorials and/or videos.