Money Laundering Basics

Gain insight into the fundamental concepts of money laundering, including its stages, real-world examples, and the importance of combating this financial crime. Learn how vigilance and compliance can protect economies and communities.

7 minutes of content

No certiticate included

Global content

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Description

Understand money laundering in simple terms, its process, implications, and the measures financial institutions and governments take to identify, prevent, and prosecute such crimes.

What will you learn?

Definition and stages of money laundering
Real-world laundering scenarios
Importance of anti-money laundering efforts
Roles of financial institutions and governments
Global standards and cooperation

Course Content

1. Introduction to Money Laundering

Definition, criminal implications, and economic effects

2. The Three Stages of Money Laundering

Placement, layering, and integration explained

3. Real-world Example

Cash deposits, offshore transfers, property investments

4. Combating Money Laundering

Importance of AML initiatives, regulatory frameworks, institutional compliance, and government roles

5. International Collaboration

Global standards and cooperation through bodies like the FATF

US$ FREE!

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Course Page Content

Money Laundering Basics