Anti-Money Laundering and Counter Terrorism Financing Course

Did you know these facts about money laundering and terrorism financing?

• Money laundering is the common denominator of almost all serious and organised criminal activity.
• Criminals rely on laundering or cleaning this ‘dirty’ money to legitimise or hide its illegal origins.
• Money laundering and counter-terrorism financing is linked to modern slavery, and these are all serious issues.

Course Overview

This online course on anti-money laundering and counter-terrorism financing will help employees, contractors, and volunteers understand what money laundering and terrorism financing is, how these activities take place, and what you should do if you suspect money laundering or terrorism financing.

This online anti-money laundering and counter terrorism financing course is legally compliant, kept up to date with legislation for all states and territories in Australia and New Zealand. It has been written together with Mills Oakley Law Firm for Australia and Simpson Grierson Law Firm for New Zealand.

Course target audience

This anti-money laundering and counter-terrorism financing training is suitable for all people or groups, including employees, contractors and volunteers.

Topics covered

The following topics are covered in this anti-money laundering and counter-terrorism financing online learning:

• What is money laundering?
• How does money laundering take place?
• Identify potential money laundering activity.
• What is terrorism financing?
• How does terrorism financing take place?
• Identify potential terrorism financing activity.
• Your employer’s reporting obligations
• What should you do if you suspect money laundering or terrorism financing?

Duration

This anti-money laundering and counter-terrorism financing eLearning course will take approximately 30 minutes to complete.

Learner experience

This online course for anti-money laundering and counter-terrorism financing is simple to navigate, easy to understand and will accommodate all learning styles. It can be delivered through the Sentrient online workplace compliance system or human resource management platform or via your existing learning management system if you already have one. During this anti-money laundering and counter-terrorism financing training, learners will undertake case studies and learning activities to reinforce practical ways to ensure they understand what money laundering and counter-terrorism financing are, how these activities take place, and what you should do if you suspect money laundering or terrorism financing. At the end of this anti-money laundering and counter-terrorism financing course, there is a short online assessment. There is also a declaration that everyone who becomes suspicious of activities that are money laundering or terrorism financing will report it.

Learning outcomes

At the end of this course for anti-money laundering and counter-terrorism financing, your employees, contractors, and volunteers will be able to:

• understand what money laundering and terrorism financing is
• know how money laundering and terrorism financing takes place
• recognise the potential indicators of money laundering and terrorism financing activity
• understand your employer’s reporting obligations
• know what to do if you suspect money laundering or terrorism financing.

Business outcomes

Once your people have completed this online anti-money laundering and counter-terrorism financing course, you will achieve the following benefits:

• Prevent money laundering and terrorism financing activities to take place within your organisation
• Ensure incidents relating to modern slavery and terrorism financing are reported in line with your legal obligations
• Enable everyone to contribute to the reduction of criminal activity that is supported by the laundering of money
• Be able to meet your legal obligations for reporting and risk management for modern slavery and terrorism financing
• Meet modern slavery and terrorism financing and training requirements that are required by the relevant acts
• Promote a workplace culture that carries out its compliance and reporting obligations

Other related online compliance courses

The anti-money laundering and counter-terrorism financing training can be completed as stand-alone eLearning, or it can be rolled out with other Sentrient online workplace compliance training at induction and as regular refresher training. Other related compliance topics by Sentrient include bribery, corruption and fraud, modern slavery and human rights, and whistleblower rights and protections.