Suspicious Transactions Information Officer

This certification is for persons working in the financial, real estate, casino or any sector that can be used by money launderers to launder their illegal earnings. This certification will cover what money laundering is, what methods are used by money launderers to hide the profits generated from their illegal businesses. It covers how to identify suspicious transactions and the role of the FIU in the fight against money laundering.

Approx. 6 Hours
6 modules
Suspicious Transactions Information Officer
Understanding money laundering
Understanding money laundering

module number: 1851
This module will introduce you to money laundering. You will learn what money laundering is and why criminals need to launder money. This module will cover some common money laundering methods and some actions that can be taken to fight money laundering.
Common money laundering methods
Common money laundering methods

module number: 1852
In this module we will cover the methods that criminals use to launder money. By the time you have finished this module you will be able to identify some common methods of money laundering. You will understand what methods are used in the three stages of money laundering.
Money laundering and financial institutions
Money laundering and financial institutions

module number: 1853
In this module we will cover financial transactions and what steps can be taken to combat money laundering. By the time you have finished this module you will understand the importance of uniform International banking laws and regulations. You will learn what steps financial institutions can take in order to prevent money laundering. You will learn how to become familiar with the different types of financial records and the information that they contain. Finally you will know how to recognise signs of suspicious transactions.
Non traditional financial businesses used for money laundering
Non traditional financial businesses used for money laundering

module number: 1854
This module will look at non-traditional financial institutions. It will help students understand what non-traditional financial institutions are and how they are used by money launderers to launder their money. It will cover what the alternative remittance system is and how it works.
Money laundering heavens
Money laundering heavens

module number: 1855
This module covers financial havens and how they are used by money launderers. This module will help you understand what financial havens are. You will be familiar with the different services that they offer. You will know how these services are used by money launderers to layer and integrate their illegal proceeds.
The role of FIU in the fight against money laundering
The role of FIU in the fight against money laundering

module number: 1856
This module will look at the Financial Intelligence Unit or "FIU". It will help you understand why there is a need for a Financial Intelligence Unit and the roles and responsibility of a Financial Intelligence Unit. It will cover what factors are important for the success of a Financial Intelligence Unit.