£69.00
This e-learning course covers anti-money laundering, combating terrorist financing and proliferation financing within the laws and guidelines of Jersey.
It is suitable for those who have already taken the AML/CTF Jersey Standard course.
It is intended to familiarise ALL employees with the process of money laundering, the criminal business used to disguise the true origin and ownership of illegal cash and the laws that make it a crime.
“Money laundering” is the process that criminals use to disguise the true origin and ownership of cash by introducing it into legitimate enterprises. The problem is huge.
The estimated amount of money laundered is approximately 2%-5% of global GDP, or $800 billion – $2 trillion annually.
Terrorism financing refers to activities that provides financing or financial support to individual terrorists or terrorist groups. A government that maintains a list of terrorist organizations normally will also pass laws to prevent money laundering being used to finance those organizations. This prompted governments around the globe to pass laws prohibiting large cash payments or, at the least, requiring such payments to be reported. These laws created the need for criminals to conceal the true source of the money or to “launder” it.
Jersey is no exception and the financial regulator treats any attempt to launder money as extremely serious offences, resulting in penalties of up to 5 years imprisonment and unlimited fines.
There are 3 core objectives of this interactive cost effective e-learning course:
1. You gain a basic understanding as to what money laundering and terrorist financing are. We also look at the impact that these activities have on society as a whole
2. You gain an appreciation of the stakeholders, laws and guidance notes concerning Anti-Money Laundering, Combating Terrorist Financing and Proliferation Financing in Jersey
3. We look at the potential impact that non-compliance with the laws could have on you or your organisation
This course is 70 minutes long, plus 20 minutes of questions and is worth 2.0 hours CPD. It is a slimmed down version of the Standard AML/CFT course, assumes prior knowledge and comes with a certificate.
AML, TF & PF Jersey Refresher 2025
Module 1 – Introduction
Module 2 – Money Laundering
Module 3 – Terrorism and Proliferation Financing
Module 4 – Anti-Money Laundering
Module 5 – AML / CFT Basics
Module 6 – Sanctions
Module 7 – AML Consequences
Module 8 – AML in Jersey
Module 10 – Tax Crimes
Knowledge Check – random draw of 20 questions from a question bank. User must score 80% to pass with unlimited attempts.
There is a 20 question knowledge check at the end of the course with a standard pass mark of 80% and unlimited attempts. The 20 questions are drawn randomly from a larger bank of questions. Each attempt will draw a different mix of questions.
