Money laundering is a serious global issue. It damages financial systems and supports many forms of criminal activity. The UK gambling industry faces a high level of risk because of cash-based transactions and high-value customer spending.
This training course gives you the knowledge and practical tools needed to identify and manage money laundering risks. You will learn how money laundering works, what warning signs to look for, and how to respond to suspicious activity.
Whether you work on the front line or in a compliance role, this course helps you strengthen your understanding of anti-money laundering controls. In addition, you will learn how to reduce risk and support a safer, more compliant gambling business.
Course Objectives
By the end of this course, you will be able to:
- Define money laundering and explain its widespread impact on both the global financial system and society at large.
- Understand the three key stages of money laundering; Placement, Layering, and Integration; and how each is used to disguise the origin of criminal proceeds.
- Identify red flag indicators and common laundering techniques that may appear in gambling environments.
- Recognise your Anti-Money Laundering (AML) obligations, including legal and regulatory requirements under UK law.
- Understand best practices for AML compliance and how to effectively apply them in your day-to-day role.
