In a global context where money laundering and the financing of terrorism are growing threats, the ‘Prevention of Money Laundering and Compliance’ course offers you a unique opportunity to specialise in a field where there is high demand for professionals. The financial and corporate sectors are seeking experts who have a thorough grasp of the implementation of due diligence measures proper and the fulfilment of obligations in this field. Through this course, you will acquire essential skills for to identify, prevent and respond effectively to these challenges, strengthening so the integrity and the reputation within any organisation. You’ll also explore the sanctions regime and the principles of compliance, ensuring that you’re prepared to meet the demands of an increasingly stringent regulatory environment. The online format allows you to access high-quality content from anywhere, adapting to your needs and learning pace. Become an indispensable professional and take your career to the next level with this essential training.
Anti-money laundering and compliance
Compliance
40 hours
Introduction
Objectives
- Understand the legal framework for prevention from money laundering y funding of terrorism.
- Identify the measures from procedure arising from financial transactions.
- To recognise the legal obligations on the prevention of money laundering.
- Analyse the penalty system in the event of non-compliance.
- Apply principles from compliance in organisations financial.
- Assess associated risks to the money laundering from capital cities.
- Developing skills for implement policies effective preventative measures.
Table of Contents
TEACHING UNIT 1. GENERAL ASPECTS OF THE PREVENTION OF MONEY LAUNDERING AND THE FINANCING OF TERRORISM
Introduction. Terminology relating to the prevention of money laundering
Spanish legislation
International regulations and other provisions: SEPBLAC recommendations, catalogue of high-risk transactions
Law 10/2010 of 28 April on the prevention of money laundering and the financing of terrorism
The financing of terrorism
TEACHING UNIT 2. IMPLEMENTATION OF DUE DILIGENCE MEASURES
Due diligence measures
Standard due diligence measures
Simplified due diligence measures
Enhanced due diligence measures
Tax havens
TEACHING UNIT 3. OBLIGATIONS
Disclosure obligations
Internal control. Articles 26 to 33 of Law 10/2010 and Articles 31 to 44 of Royal Decree 304/2014
Means of payment. Articles 34 to 37 of Law 10/2010 and Articles 45 and 46 of Royal Decree 304/2014
Trade in goods. Article 38 of Law 10/2010
Charities and associations
Financial Ownership Register. Article 43 of Law 10/2010 and Articles 50 and 57 of Royal Decree 304/2014
TEACHING UNIT 4. ORGANISATION, PENALTY SYSTEM AND COMPLIANCE
Institutional organisation. Articles 44 to 49 of Law 10/2014 and Articles 62 to 69 of Royal Decree 304/2014
Amendments introduced by Royal Decree-Law 11/2018 of 31 August
Summary of the main operational obligations
Penalty system
Compliance programmes for the prevention of money laundering