This CPD-accredited course provides a comprehensive understanding of money laundering and bribery, including the steps involved in the process, relevant legislation such as the Proceeds of Crime Act and the Bribery Act, and how to recognise and report suspicious activity. With 56 minutes of e-learning content, learn about the risks of money laundering and your responsibilities in preventing it
Mode of Study: Flexible Learning – Part Time / Online / Blended
Level: 2
Duration: 56 minutes
Sections: 3
Assessment: 1
Pass mark: 75%
Accredited by: CPD
Ideal for:
Employees working in various industries such as regulated services such as finance and law, education, and other professional services.
Money laundering is a growing concern in the UK and around the globe. It has an adverse effect on the UK economy and is threatening national security as it supports terrorist financing. Therefore, it is essential for professionals to ensure that employees working with financial institutions and professional services have awareness and understanding of anti-money laundering legislation.
The course contains both formative and summative assessments
At the end of the learning, you will be required to take a quiz, typically with 10 – 15 questions
You are required to score 75% to pass the quiz and complete the course
Please note that the CPD programmes aim to promote awareness of good practices and industry standards. It is also a good place to understand your rights and responsibilities when working in the UK. Therefore, you can access the learning repeatedly and attempt the test to ensure you fully understand and grasp the facts.
By completion, you will be able to understand:
What is money laundering, and the steps involved in the process of money laundering
The Proceeds of Crime Act and the Terrorism Act, failure to disclose and tipping off.
The Bribery Act and bribery offences.
What constitutes a bribe, gifts, hospitality and free services, and examples of bribery.
What suspicious activity might look like, and any other red flags to look out for
Risks of money laundering and responsibilities to help prevent money laundering
Computer/tablet with a reliable internet connection for online learning platform access
PDF Reader (Adobe Acrobat or equivalent) for course materials
Quiet study space for focused learning and reflective practice activities
