Anti-Money Laundering Training and Awareness Course

Overview

A significant amount of money is laundered through financial systems each year, which is often used to hide the proceeds of a serious organised crime and make them appear to be legitimate. As a result, there are strict laws in place that prevent people from handling assets that have been obtained illegally and require certain organisations to implement strict measures to prevent money from being laundered.

Providing anti-money laundering training to staff is an essential part of ensuring that they are up-to-date on how the process works and the measures that they need to take in order to prevent it from taking place within their organisation.

This course covers:

• What money laundering is, and how it works.
• Some of the common signs of money laundering.
• What the money laundering regulations are, and who they affect.
• What businesses can do to prevent money laundering.
• What customer due diligence is, and how to assess the risk a customer poses.

Duration

It takes approximately 1 hour to complete the course. This can be spread out over multiple sessions or completed in a single session, and there is no time limit for completion.

Assessment

All candidates must complete a multiple choice assessment after working through the training material. The candidate will be asked 12 multiple choice questions and need to answer a minimum of 9 correctly to pass. Candidates will be given instant feedback after completing the assessment stating whether they have passed or failed. The assessment can be retaken as many times as is required to pass at no additional cost.

Module Summary

Successful candidates will receive a CPD Certificate and 1 CPD Credit.

This certificate has no expiry date because there is no formally recognised period of validity for this type of course. The HSE recommends refresher training is carried out whenever it is felt necessary. Safety registration bodies such as CHAS, SafeContractor, ConstructionLine & SMAS and other members of the SSiP scheme recommend that most re-training is done every 3 years. We would recommend refreshing knowledge as and when legislation or guidance changes applicable to these regulations.

All of our courses, systems and services have been registered to the internationally recognised ISO 9001:2015 quality standard. Quality Management Systems Ltd (QMS) made this prestigious award to Commodious in January 2018. This gives assurance that the training and assessment was completed with a quality registered organisation.

After a successful purchase you will be automatically taken to our registration process. Here you create your learner(s) and assign the course(s) to them so that they can start training immediately. If you do not know all the learner details - no problem, you can return later and create the learners when it suits you.

The system automatically creates an admin group of your learners, this means you can access your learner accounts to obtain certificates or schedule reports on the progress of your group, useful for Health & Safety audits or Registration to organisations such as CHAS, SMAS, SafeContractor, ConstructionLine etc or site access when certificates are required.

If this all sounds too complicated feel free to contact us, we are more than happy to enrol you or your colleagues on your behalf.