Course Description
Money laundering and terrorist financing occurs all around the world. No country is immune. You will be introduced to money laundering and terrorist financing as well as the signs to look for to identify these activities. You will also learn what the FATF recommends to prevent these criminal activities from occurring. Money laundering is a process. By watching this course, you will gain an understanding of the process criminals need to use to launder money. You will also learn some methods that are used to launder money and where terrorists can obtain their funds. The FATF provides a list of recommendations that organizations and countries can use to keep themselves safe from these crimes. This course will explain these recommendations and how you can use them today. Finally, you will learn the effects these crimes have on individual organizations and society.
Learning Objectives
- Learn what money laundering and terrorist financing are
- Understand the FATF Recommendations
- Discover the process of money laundering
Skills You Will Learn
- Anti Money Laundering
- Financial Crimes Enforcement Network (FinCEN)
- Global Financial Systems
- International Finance
- Certified Anti-Money Laundering And Fraud Professional (CAFP)
What You'll Learn
- Identify money laundering and terrorist financing and the signs used to detect these activities
- Explain the process criminals use to launder money
- Describe common methods used to launder money
- Recognize the sources from which terrorists obtain their funds
- Apply the FATF Recommendations to help protect organizations and countries from these crimes
- Assess the effects these crimes have on individual organizations and society
Key Takeaways
- Money laundering and terrorist financing occur all around the world, and no country is immune.
- Money laundering is a process that criminals must follow to launder money.
- The FATF provides a list of recommendations that organizations and countries can use to keep themselves safe from these crimes.
- Terrorists obtain their funds from identifiable sources that the course examines.
- These crimes produce effects on both individual organizations and society.
Frequently Asked Questions
What does this course cover?
It introduces money laundering and terrorist financing, the signs used to identify these activities, the process criminals use to launder money, the methods used to launder money, the sources of terrorist funding, the FATF Recommendations, and the effects these crimes have on organizations and society.
What will I learn about the FATF?
You will learn the FATF Recommendations, a list of recommendations that organizations and countries can use to keep themselves safe from these crimes, and how you can use them today.
What skills does this course help build?
It relates to skills including Anti Money Laundering, Financial Crimes Enforcement Network (FinCEN), Global Financial Systems, International Finance, and Certified Anti-Money Laundering And Fraud Professional (CAFP).
Does the course explain how money is laundered?
Yes. It explains that money laundering is a process, helps you understand the process criminals use to launder money, and covers the methods used to launder money.
Does the course address where terrorists get their funding?
Yes. It covers the sources of terrorist financing, teaching where terrorists can obtain their funds.
