In today’s interconnected global economy, money laundering remains one of the most significant threats to the integrity of financial systems. This module provides you with a solid foundation in understanding what money laundering is, how it works, and how it connects to other financial crimes such as fraud, corruption, and terrorist financing.
You will explore:
The stages of money laundering and how criminals disguise illicit funds
The links between money laundering and other financial crimes through real-world case studies
The role of technology — from advanced transaction monitoring systems to AI-driven detection tools — in identifying and preventing suspicious activity
The AML regulatory landscape, including global frameworks (FATF) and South African legislation (FIC Act), and how these rules shape compliance obligations
By the end of this module, you will:
Understand key AML concepts and terminology
Recognise the relationship between AML and broader financial crime prevention
Evaluate how technology supports AML efforts
Navigate the core regulatory requirements that underpin AML compliance
This knowledge will serve as the building block for your journey as a compliance or financial crime prevention professional, ensuring you can spot risks, apply best practices, and operate confidently in a regulated environment.
Note:
The total point allocation for completing this module is 25 points, awarded as follows:
| Activity | Points |
|---|---|
| Completion of the eLearning module | 10 |
| Completion of Assessment – Part A | 10 |
| Completion of Assessment – Part B | 10 |
| Total | 25 |
I appreciated the structure and content of module 1. It was easy to follow. Not overwhelming screens full of words. Simplified and, as stated, gamified learning that made the content accessible and understandable to any individual.
The content is well structured and easy to follow.
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