This e-learning course covers anti-money laundering and combating terrorist financing within the laws and guidelines of Jersey.
It is a basic 1 hour course and is intended to familiarise more junior employees within the Finance Sector 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.
It is also suitable for employees in other industry sectors eg Estate Agents, High Value Goods Dealers (Motor Trade, Yacht Brokers, Jewellers, Art Galleries) and more.
This e-learning course covers anti-money laundering and combating terrorist financing within the laws and
guidelines of Jersey. It is intended to familiarize 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.
This course is also suitable for high value retailers such as Motor Dealers, Estate Agents, Auctioneers, Jewellers, Art
“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 and
combating terrorist 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 worth 1.0 hours CPD.
1. Money Laundering
2. Anti-Money Laundering
3. Combating Terrorist Financing
4. AML / CTF Basics
45 minutes + 10 minutes of questions.
Each purchase is for a licence for a single user. The user has access to all the e learning course material for 6 (six) months via our web based e learning platform.
For volume purchasers, your nominated administrator will be able to download:
A set of detailed reports in Excel format showing course completion data for all of your users; and
Copies of all certificates.
Our courses have been reviewed and approved by over 100 Compliance Officers and deemed appropriate for use by all of their employees. We regularly update the course material as regulations evolve.