Financial Crime Training Course

There are two kinds of financial crime. The first type generates illegitimate wealth (the proceeds of crime), and the second involves activities that protect, conceal or disguise those proceeds (money laundering).

Companies face a growing threat of financial crime, ranging from bribery, fraud and money laundering to terrorist financing.

Our Financial Crime Prevention Training Course will help your employees understand what financial crimes are, how to prevent them and what to do if they suspect a financial crime may occur.

About this Course

Versions available as part of our Compliance Essentials, FCA Compliance and Insurance Compliance Libraries.

Learning Objectives

This course will prepare your employees to:

Recognise various types of financial crime - eg fraud, market abuse, money laundering, terrorist financing, bribery, corruption and tax evasion
Identify what steps you should take to help prevent financial crime
Recognise when and how to seek advice and report concerns

Latest Course Updates

Full design review conducted by a financial crime expert.

Text & image updates throughout the course
Updates to news stories
6 MCQs updated within the course
4 MCQs updated within the Assessment

Course outline

Introduction

What is Financial Crime?

- What is Financial Crime Prevention?

Customers with dishonest intentions

- Your legal responsibility

Scenario 1: A couple break up

- The security questionnaire
- Fishing for information
- Creating a joint account
- Authorisation form
- Other reasons for prosecution
- Social engineering

Scenario 2: A politician moves money

-Government official
- Further investigations
- Obtaining further information
- Reporting
- Dealing with the customer after the report
- Any other infringements?

Scenario 3: Gifts, hospitality and procurement

Scenario 4: Unusual customers

- An increase in savings
- The money transfers

Scenario 5: Alexa's tip

- A useful tip
- Dealing with inside information

Scenario 6: Fake invoices

- What do you think?
- The Fraud Triangle
- Repercussions of fraudulent activity

To recap...

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 40-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.