This engaging and interactive online course is designed to raise your awareness of money laundering and provide you with an overview of The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017, which commenced on 26 June 2017.
The Money Laundering Regulations 2017 apply to various business sectors in the UK, including legal, financial services, accountants, estate agents and any other businesses working in a regulated environment. It is a legal requirement for these businesses to put systems and controls in place to prevent financial crime, money laundering and counter-terror financing.
The course is divided into four sections with integrated knowledge checks to test your understanding. An optional 10-question quiz is available at the end to successfully complete the course :
The course will assist organisations and employees to meet their legal responsibilities for combatting financial crime. Organisations are legally responsible for taking steps to ensure they do not get involved in money laundering.