Anti-Money Laundering and Counter-Terrorism Financing Awareness

The Anti-Money Laundering and Counter-Terrorism Financing Awareness eLearning course provides learners with an understanding of money laundering and terrorist financing, the risks these activities present to organisations and the importance of recognising and responding appropriately to suspicious activity.

The course explores how money laundering and terrorist financing can occur, common warning signs and indicators, and the responsibilities individuals have for following organisational procedures. It provides practical awareness to help employees recognise potential concerns, understand the importance of due diligence and know how to report suspicious activity appropriately.

Who Should Attend?

• Employees working in organisations where money laundering or terrorist financing risks may arise.
• Employees involved in financial transactions, payments or customer accounts.
• Customer-facing and administrative personnel.
• Managers and supervisors.
• Employees with responsibilities for customer or client due diligence.
• Anyone requiring general workplace awareness of anti-money laundering and counter-terrorism financing.

What You Will Learn

• What is meant by money laundering.
• What is meant by terrorist financing.
• How money laundering can be used to disguise the proceeds of criminal activity.
• The relationship between money laundering and terrorist financing risks.
• Common stages and methods associated with money laundering.
• Recognising potential warning signs and suspicious activity.
• The importance of knowing your customer and appropriate due diligence.
• Identifying circumstances that may require additional scrutiny.
• Individual responsibilities for preventing and identifying financial crime.
• The importance of maintaining appropriate records.
• How and when to report suspicious activity through appropriate organisational channels.
• The importance of confidentiality when dealing with suspected activity.
• Following organisational anti-money laundering and counter-terrorism financing policies and procedures.
• The potential consequences of failing to follow appropriate requirements.

Course Delivery

This course is delivered as self-directed eLearning through the ELMO learning platform.

Learners can work through the course at their own pace and can move backwards and forwards through the learning content as required. The course does not need to be completed in one sitting, allowing learners to leave and return to their training where necessary.

Interactive activities may be included throughout the course to reinforce key learning points.

Assessment

Knowledge and understanding are checked through online assessment activities. Depending on the course content, these may include multiple-choice questions, matching exercises, drag-and-drop activities and image-based questions.

A minimum score of 70% is required to successfully complete the course.

Certification

Upon successful completion of the course and assessment requirements, learners will receive a UK Rural Skills (UKRS) Accredited Certificate of Training.

Course Duration

The course is self-directed and learners can progress through the content at their own pace. Completion time may therefore vary depending on the individual learner.