What is Money Laundering and How Can We Stop It?

How do criminals use money earned from illegal activities in the open? They use money laundering—a serious crime that washes "dirty" money clean. You can be part of the solution. This resource will guide you through the essentials of how money laundering and terrorism financing work, the systems in place to prevent them, and what you need to look out for.

We will explore:

What is the fundamental concept of money laundering?

How is "reverse money laundering" used to finance terrorism?

What are the steps involved in the money laundering process?

What legal structures are in place to prevent money laundering?

What are the common techniques and suspicious practices to identify?

What is the standard process for customer identification and due diligence?

This 30-minute interactive e-learning course is presented in English. Featuring both audio narration and video segments, the module focuses on the core competency of following rules and policies. Participants will develop practical skills in Anti-Money Laundering, banking services, commercial laws, and general financial knowledge."