Anti-money laundering - Essentials (AU)

Duration: 37 minutes

Overview: This course provides a refresher on money laundering, terrorism financing and proliferation financing in Australia. You will revisit what these financial crimes are, how they occur, how to recognise suspicious activity, and what you need to do when you spot something wrong. 

Why is this course important? Money laundering and terrorism financing cause serious harm to individuals, businesses and the wider community. As an employee, you may come into contact with suspicious activity in your day-to-day work. Understanding what to look for and what to do about it helps protect your organisation, your clients and yourself.

Suitable for: All employees who need an efficient refresher on their AML/CTF responsibilities under Australian law, particularly those working in organisations subject to AML/CTF obligations. It is general in nature - follow your organisation's internal policies and procedures where they apply. If in doubt, check with your AML/CTF compliance officer.

If you have direct AML/CTF compliance responsibilities - such as designing or overseeing an AML/CTF program - the course Anti-money laundering – advanced (AU) covers the full scope of those obligations.

This Essentials course assumes learners have already completed previous training on this subject (and is designed as a periodic refresher).

Online Assessment: Yes

Workplace Activities: None

Disclaimer: The scope of this course is general in nature and does not cover any specific potential anti-money laundering obligations that may apply to your particular workplace, or duties you may have in your role to detect or report certain anti-money laundering incidents.  In addition to this training module, you should become familiar with any legislation, guidelines, directives, policies and other documents that apply to anti-money laundering in your particular workplace and role. In the event of discrepancy between this course and your workplace policies, your workplace policies should be applied. OmniaCapture is not responsible for you or anyone else for any loss suffered in connection with the use of this information. You should seek legal or other professional advice before acting or relying on any of the information contained in this course.