Financial Crime: An Overview of the Core Topic Areas

Overview

Financial institutions face significant financial crime risks and are subject to robust regulations. With both a legal and moral obligation to identify and report suspicions, this course provides a clear and practical overview of how criminals exploit the system and what you must do to stop them. You'll explore key legislation, such as POCA, the Fraud Act, the Bribery Act, the Criminal Finances Act, and more. By understanding the risks and how to spot them, your frontline staff can uphold regulatory compliance and be an effective line of defence against financial crime.

Objectives

In this course you will:

• Understand how the financial sector is targeted and exploited to facilitate financial crime
• Carry out your responsibilities under UK financial crime legislation
• Identify red flags and common warning signs of all major forms of financial crime
• Know when and how to report concerns safely and confidentially