Money Laundering Awareness

Learning Outcomes

On completion of this Money Laundering Awareness course, learners should know and understand the following:

• The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 & The Proceeds of Crime Act 2002
• Understand and show commitment to The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 / The Proceeds of Crime Act 2002
• Suspicious activity and signs
• Understand what suspicious activity might look like and any other red flags to look out for
• Money laundering process & prevention
• Understand the steps in the process of money laundering and how it can be prevented

Frequently asked questions

We hope our common Money Laundering FAQs will help answer any further questions you may have. Just click to expand!

What is anti-money laundering training?

Anti-money laundering training (AML training) teaches staff about money laundering processes, informing them of their responsibilities in helping to detect and prevent money laundering, and giving them an understanding of the laws and regulations that make it illegal.

Why is anti-money laundering training important?

AML training, (Anti-Money Laundering training) is essential for businesses in equipping employees with the ability to effectively identify suspicious activity and other red flags. Awareness of the legal obligations relating to recognising and reporting money laundering is required to meet compliance demands.

Anti-money laundering training for accountants is hugely important in meeting the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017).

For instance, large organisations are required to appoint a nominated officer (NO) and sometimes a money laundering compliance principal (MLCP) too. The role of an NO is to receive internal suspicious activity reports (SARs) and make external SARs to the National Crime Agency (NCA), whilst an MLCP is responsible for ensuring the business complies with the UK anti-money laundering regime.

In smaller firms, these duties may be fulfilled by a money laundering reporting officer (MLRO), who is concerned with internal controls and risk management around anti-money laundering.

How often is anti-money laundering training required?

It is recommended that the relevant employees should receive anti-money laundering training on an annual basis.

Under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 act (MLR 2017), organisations should provide Anti-Money Laundering training regularly to their employees to ensure they’re well informed on the law relating to money laundering and terrorist financing, as well as data protection requirements.

Our online Money Laundering Awareness CPD accredited courses allow your staff to continue to develop their knowledge and help you meet compliance needs.

Delivery Methods

Our Money Laundering Awareness course is easily accessible online through e-learning, allowing your staff to study anytime, anywhere, 24/7. Additionally, you will receive exceptional customer support from our dedicated account manager and support team.

• Study when you want 

• Track staff progress 

• Study anywhere you want on any device

Would you be interested in offering your staff a wide range of courses?

Gain access to 200+ courses, including this Money Laundering course, with our subscription package. Enjoy unlimited access to e-learning AND webinar courses, allowing your staff to expand their knowledge and skills.

Get Certified

Just follow these four simple steps, sit back, relax and let us do the hard work for you and your team.

1.Book A Course Book this online Money Laundering Awareness course by calling us or sending us a message.

2. Login Once everything has been booked, you will receive login details for you and your staff.

3. Complete Course Complete the Money Laundering training course you purchased in the delivery method you chose.

4. Become Certified Great! Now you’re certified and can download the Anti-Money Laundering training certificate from the portal.

Great! Now that you’re certified, you can download the Money Laundering Awareness certificate from the portal or request a certificate, and we will email it to you in PDF form.