• how to launder money – the three stages: integration, placement and layering
• what suspicious activity is and the rules and regulations which need to be bypassed
• money laundering and insurance products
• recognising suspicious documents
• how money laundering is tied up with financing terrorism
• rules and regulations including the Money Laundering Regulations 2007 and the FSA process
• role of the regulator
• topics covered include corruption and retrieving funds
• customer due diligence is explained
• customer identification, business and sources of wealth
• when to use other financial firms such as insurance firms and using insurance products to launder money
• offences and penalties
• obligations and responsibilities of employees in a financial firm
• consequences for a firm including reputational damage

Length of programme: 42 minutes

The final assessment tests all areas of the programme and the passmark is 70%.

• Scenario based – the programme takes an innovative approach as the learner follows Tom who works undercover in a drugs gang. Tom invites the learner to join him in understanding how to launder money and he compares notes with the learner and tests them to ensure their understanding.
  
  Johnny Shadow takes the learner through an understanding of what terrorism is, why it needs financing and how to avoid detection
  
  This refreshing and lively approach enables learners to gain knowledge from learning materials based on real life situations


• Different learning techniques are used to suit all types of learners including video, question and answer and recaps. Short questions tests that the learner understands the information provided.
• A separate, downloadable learning aid (notes) provides a short summary of the key elements of the programme, enabling the learner to recapture essential information.

• The programme supports a firm’s requirement to meet money laundering regulations
• Certificates are produced to evidence completion of the programme
• It is developed by the industry for the industry
• It is an online programme which employees are able to access around their work commitments
• The final assessment and learning techniques teaches employees to recognise money laundering and terrorist financing and know what steps to take to report suspicious activity

• Employees will acquire essential knowledge in an important regulatory area
• Enables employees to gain the confidence which will help them to perform their role more effectively and give them a firm base on which to build their skills and knowledge.