Learning Outcomes

In this free course, you will learn how to:

• Define fraud, money laundering, and how they are connected
• Explain why fraud prevention and AML rules matter in everyday work
• Identify common signs of internal and external fraud
• Distinguish between normal and suspicious customer or account activity
• Describe the stages of the money laundering process
• Recognise common money laundering methods and warning signs
• Apply customer checks to reduce financial crime risks
• Assess customer risk using simple risk-based checks
• Review unusual activity and gather relevant information
• Outline the steps for reporting suspicious activity correctly
• Compare different fraud controls and when to use them
• Evaluate new financial crime risks and suitable ways to respond