Dealing with Illegal Money Business

Understand financial crime risks, master AML, KYC, and monitoring strategies

Overview

Financial crime is a growing threat to institutions worldwide, and the cost of getting it wrong is more than just financial. This course tackles the core areas of illegal money activities—from fraud detection to money laundering—delivered in a straight-talking and structured format. No fluff, no filler—just what you need to know to keep financial crime where it belongs: out.

With modules covering everything from customer due diligence to risk assessment and monitoring, this course is designed to sharpen your awareness and decision-making. Whether you're new to the field or brushing up on knowledge, you'll gain the edge needed to understand the moving parts of financial crime prevention in today's ever-evolving financial landscape.

Learning Outcomes

• Understand the scope and impact of financial crime globally.
• Learn how to identify suspicious financial activity effectively.
• Apply key principles of KYC and customer due diligence.
• Explore legal frameworks for preventing money laundering.
• Evaluate risks using industry-accepted assessment approaches.
• Monitor transactions with accuracy and analytical insight.

Course Curriculum

• Module 1: Introduction to Financial Crime Prevention
• Module 2: Know Your Customer (KYC) and Customer Due Diligence (CDD)
• Module 3: Anti-Money Laundering (AML) Framework
• Module 4: Conducting Effective Investigations
• Module 5: Risk Assessment in Financial Crime Prevention
• Module 6: Transaction Monitoring

Who is this Course For

• Financial service professionals handling client accounts or transactions.
• Anyone working in banks or payment processing institutions.
• Professionals in risk management or fraud detection roles.
• People interested in financial regulations and security.
• New hires in AML or customer due diligence teams.
• Regulatory consultants in finance-related industries.
• Audit and assurance professionals in finance sectors.
• Individuals planning a move into financial crime prevention.

Career Path

• Financial Crime Analyst – £38,000/year average in the UK
• AML Investigator – £42,000/year average in the UK
• KYC Analyst – £35,000/year average in the UK
• Risk Assessment Officer – £45,000/year average in the UK
• Transaction Monitoring Specialist – £40,000/year average in the UK
• Financial Intelligence Officer – £47,000/year average in the UK