Description Non-regulated businesses can serve as vital link in the money laundering chain, whether wittingly or unwittingly. With the correct training and risk awareness, all non-regulated businesses can break the chain and cut off the link that criminals and terrorists need to fund their enterprises. Every suspicious transaction reported or red flag spotted helps break the chain, bring criminals to justice and prevent innocent victims from being hurt by crimes such as human trafficking, drugs, violence, and terror. A CPD Certified Online Course This online course has reached the required Continuing Professional Development (CPD) standards and benchmarks, and the learning values have been scrutinised to ensure the integrity and quality by the CPD Certification Service. Learning objectivesIn this course you will: Gain an understanding of how money laundering works in practice Understand how money laundering can negatively impact non-regulated businesses and yourself Know the laws and offences related to money laundering and terrorist financing, including penalties for breaking the law Understand the definition of suspicion and how to identify suspicious transactions Be aware of red flags relevant to businesses and know how to spot them How to conduct CCD Entry requirementsThere are no entry requirements.Course assessment and certificationOn successful completion of the final assessment a downloadable certificate is immediately available.
