Level 3 Certificate in Money Laundering Awareness
Access Duration - 365 Days
Endorsed by 'NCFE'
Guided Learning Hours (120)
Course Material
Number of Modules 11
Assessment Included
Self-study Online
4.3( 3 REVIEWS )
139 STUDENTS
Endorsed by
What Will I Learn?
An understanding of the possible money laundering activities.
Comprehending potential threats they cause to companies and the corporate sector.
Awareness of the regulations and policies related to money laundering.
How to regulate threats money laundering can cause.
Overview
Do You Aspire To Learn About Anti-money Laundering And Its Practices?
Are you aspiring to learn about anti-money laundering? Then the Level 3 Certificate in Money Laundering Awareness is a fantastic choice. This course is perfect for professionals who are working with a financial background and need an insight into the different ways of how money laundering could happen. They can also get educated on the special anti-money laundering policies that are in place to help the institutes and companies to have protection from it. The course covers various topics relating to anti-money laundering.
- Provides the learner with up to date information on being aware of money laundering
- Clear step-by-step guidance on essential areas such as money laundering indications, audit indicators, tax returns examination, etc.
- The course summarises the main topics so that the learner can grasp the information with ease.
Why follow the Certificate in Money Laundering Awareness?
- It is ideal for aspiring and existing professionals in financial compliance
- Provides the learner knowledge to understand the different stages of money laundering
- Helps to learn the most common money laundering indicators
- Prepares the learner to identify and report money laundering
- Gain a better understanding of suspicious activity and when to report it
- At this level, the learners get more progressive and advance stage of the qualification
Why Choose Global Edulink?
Studying the Certificate in Money Laundering Awareness with Global Edulink (GEL) offers a range of benefits to the learner. Qualified tutors tested learning methods, interactive lessons, and self-paced studying are all part of the study experience. This is why studying with GEL has added benefits compared to other online learning platforms.
The benefits of studying the course with GEL are ample. Here are just a few,
- High-quality study material
- Expert tutors
- Flexible payment methods and no hidden costs
- Clear and concise presentations
- 24-hour online support
Global Edulink brings together years of experience to offer a range of courses that are designed to help you succeed. With multiple awards and accolades under our name, we have gone from strength to strength over the years. We are your trusted partner in the UK online education industry with plenty of ‘excellent’ ratings on Trust Pilot and thousands of successful students.
Scroll down to see what learners have to say about us and the course!
- Why NCFE?
- Learning Outcomes
- Who is this qualification for?
- Prerequisites to take this Course
- Method of Assessment
- Certification
- Prospective Careers
- What’s Next for You?
NCFE is the third largest professional qualification awarding body in the United Kingdom. NCFE aims to keep up with the constant changes in the industry and provide more sustainable solutions for the voids in technical education and practical courses that can facilitate the professionals to be more fortified with skills and knowledge.
- An understanding of the possible money laundering activities
- Comprehending potential threats they cause to companies and the corporate sector
- Awareness of the regulations and policies related to money laundering
- How to regulate threats money laundering can cause
- Professionals employed at companies related to finances
- Those who want a progressive understanding of the subject
- Those who need to pursue a career in the field of money laundering
- Learners should be 16 years or older
All students are required to complete an assignment in order to successfully complete the Level 3 Certificate in Money Laundering Awareness.
Once the course is completed the learners get awarded the Level 3 Certificate in Money Laundering Awareness Certification.
Once the learners get qualified with the Level 3 Certificate in Money Laundering Awareness, they receive the recognised qualification that vouches for the expertise in anti-money laundering. Here are some of the job titles they are eligible for, and it includes the average UK salary per annum according to https://www.glassdoor.com.
- Anti-money laundering specialist - £33,615 (approximately)
- Financial crime intelligence specialist - £38,787 (approximately)
- Financial crime analyst - £ 29,502 (approximately)
The Level 3 Certificate in Money Laundering Awareness course is designed to strengthen the learners with basic skills and knowledge to be proficient in a career in anti–money laundering. It helps them to identify different types of money laundering and the possible threats they have on financial companies. What’s more, it helps them to tackle such situations from the early stages and prevent companies and institutes from being victims of potential money laundering attacks.
Course Curriculum
| Awarding Body Registration | |||
| Awarding Body Registration – NCFE Customised Qualification | |||
| 1: Introduction | |||
| 1.1 Introduction | |||
| 2: Money Laundering | |||
| 2.1 Money Laundering | |||
| 2.2 Why Combat Money Laundering? | |||
| 2.3 Legal Context | |||
| 2.4 The Money Laundering Process | |||
| 2.5 Money Laundering Trends | |||
| 3: Role of Tax Examiners and Auditors | |||
| 3.1 Role of Tax Examiners and Auditors | |||
| 3.2 The Importance of Detecting Unusual Transactions | |||
| 3.3 The Reporting of Unusual Transactions | |||
| 3.4 Completing or Referring the Audit | |||
| 3.5 International Exchange of Information | |||
| 4: Money Laundering Indicators for Individuals | |||
| 4.1 Money Laundering Indicators for Individuals | |||
| 4.2 Indicators | |||
| 4.3 Foreign Credit/ Debit Cards | |||
| 5: Tax Return Examination and Pre-Audit Indicators | |||
| 5.1 Tax Return Examination and Pre-Audit Indicators | |||
| 5.2 Indicators | |||
| 5.3 Non Transparent Ownership | |||
| 6: Audit Indicators | |||
| 6.1 Audit Indicators | |||
| 6.2 Indicators | |||
| 6.3 Significant Increase in (Anonymous) Cash Turnover | |||
| 6.4 Fabricated Sales | |||
| 7: Specific Indicators on Real Estate | |||
| 7.1 Specific Indicators on Real Estate | |||
| 7.2 Indicators | |||
| 7.3 Property Flipping | |||
| 8: Specific Indicators on Cash | |||
| 8.1 Specific Indicators on Cash | |||
| 8.2 Indicators | |||
| 8.3 Structuring ‘’Smurfing’’ | |||
| 8.4 Countries Of Risk | |||
| 9: Specific Indicators on International Trade | |||
| 9.1 Specific Indicators on International Trade | |||
| 9.2 Trade Based Money Laundering Under- Invoicing | |||
| 9.3 Indicators | |||
| 10: Specific Indicators on Loans | |||
| 10.1 Specific Indicators on Loans | |||
| 10.2 Loan Back Money Laundering | |||
| 10.3 Indicators | |||
| 11: Specific Indicators on Professional Service Providers | |||
| 11.1 Specific Indicators on Professional Service Providers | |||
| 11.2 Legal Service Providers | |||
| 11.3 Financial Service Providers | |||
| 11.4 Trustor Company Service Providers | |||
| 11.5 Indicators | |||
| Assignment Brief | |||
| Assignment Brief – Level 3 Certificate in Money Laundering Awareness | |||
| ☑ Submit Your Assignments | |||
| Assignment Submission – NCFE Customised Qualification | |||
Caden Baxter
Had a great tutor!
Erin Wells
This course helped me to apply for a great job.
Harley Chapman
I recommend this course to anyone who wants to learn about money laundering.