Program Overview

JST529 Contemporary Issues in Financial Crime

This subject examines money laundering, terrorism financing, and financial crime prevention within organisational settings, both public and private. Theoretical perspectives on the incidence and control of these crimes will be examined, along with the contemporary implementation of related standards, policies, and processes. Students will be introduced to the role of the financial crime prevention manager and explore the intricacies involved in the development of a financial crime prevention framework. The effectiveness of these systems will be examined.

Availability

The subject is available in:

• Session 1 (30)
  • Online
  • Manly Campus
• Session 3 (90)
  • Online
  • Manly Campus

Subject Information

Grading System

The grading system used is HD/FL.

Duration

The subject duration is one session.

School

The subject is offered by the Australian Graduate School of Policing and Security.

Learning Outcomes

Upon successful completion of this subject, students should:

• be able to critique the nexus between AML/CTF and financial crime prevention strategies and criminological explanations of crime;
• be able to evaluate the effectiveness of AML/CTF and financial crime prevention strategies implemented in modern organisational settings;
• be able to create and communicate a financial crime control plan that incorporates regulatory, technological, and social controls.

Syllabus

This subject will cover the following topics:

• Money laundering
• Terrorist financing
• Fraud and financial crime
• Crime prevention theory in practice
• Legal and regulatory frameworks
• Financial crime prevention frameworks
• Financial crime prevention roles
• Corporate governance
• Compliance cultures