Anti-Money Laundering: An Overview - UK


Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number
Expertise Level



Overview/Description

This course provides basic information on UK money laundering law and international anti-money laundering efforts. It also discusses actions that those working in banks, insurance companies and other financial institutions can take to better identify and manage risks associated with money laundering.

This course was developed with subject matter support provided by Simons Muirhead Burton LLP. Please note, however, that the course materials and content are for informational purposes only and do not constitute legal advice and may or may not reflect the most current legal developments. Nothing herein, or in the course materials, shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with legal statutes or statutory instruments. Simons Muirhead Burton LLP accepts no responsibility for the contents of this course. Any reliance on the contents of this course as legal advice is prohibited and at the user’s risk. Transmission of the information is not intended to create, and receipt does not constitute, a solicitor-client relationship. Readers should not act upon this information without seeking independent legal advice.



Target Audience
All employees

Prerequisites
None

Expected Duration (hours)
0.4

Lesson Objectives

Anti-Money Laundering: An Overview - UK

  • Anti-Money Laundering: An Overview - UK
  • match the stages used to launder money to their descriptions
  • recognise the benefits of applying Know Your Customer principles in an institution
  • identify entities that are described as high risk
  • recognise examples of activities considered possible red flags for money laundering
  • Knowledge Check: Anti-Money Laundering - UK
  • Course Number:
    lchr_01_c47_lc_enuk

    Expertise Level
    Everyone