Fight against money laundering (level I)

Find out what money laundering is and the rules that financial intermediaries must apply to identify and forestall risks related to money laundering and the financing of terrorism.

With the aid of examples, the first part of the training course explains the money-laundering process used by criminals to give a legal aspect to money acquired illicitly.

The second part presents the different legal and regulatory texts to which financial intermediaries are subject. These cover the diverse rules and clarify their importance and function. This part ends with the sanctions to be applied in case these rules are violated.

The course ends with the presentation of 3 key concepts underpinning efforts to combat money laundering: the position as guarantor, the risk-based approach, and the 3 lines of defence put in place within financial intermediaries.