Program Overview

Introduction to Financial Crime & Compliance (ASB9062)

Course Overview

The Introduction to Financial Crime & Compliance (ASB9062) is a short course offered by Bangor University, designed for mid-career professionals working in the financial industry or regulation. This course provides an introduction to the concept of money laundering, common typologies, legal obligations, regulation, risk assessment, and the levels of diligence and reporting required to counter money laundering.

Learning Outcomes

Upon completion of this course, participants will be able to:

• Comprehend the legal responsibilities, risks, and obligations associated with money laundering in financial institutions.
• Develop a critical comprehension of money laundering typologies and methods to counter this criminal act.
• Foster appropriate report writing and presentation skills for financial intelligence purposes.
• Identify and apply appropriate methods of due diligence in the context of financial intelligence and anti-money laundering.

Course Content

The course is delivered through distance learning on a part-time basis, allowing participants to study at their own pace over a period of 6 months. The course content includes:

• Unit 1: FIU Connect Critical Thinking
• Unit 2: FIU Connect Fundamental AML
• Unit 3: FIU Connect Report Writing
• FIU Connect Financial Investigations unit, which serves as an overarching reader across the program.

Assessment

The module is assessed by two components:

1. A report addressing the topic set about 'Fundamentals of Anti-Money Laundering', including reflection on the process of research and report preparation (4000 words).
2. Preparation and recording of a presentation related to the Fundamentals of AML component of the report (10 minutes duration).

Course Details

• Tuition Fee: £3,400
• Credits: 30
• Duration: 6 months
• Start Date: April
• Study Mode: Part Time
• Location: Online

Entry Requirements

Entry consideration will be given to individuals with minimal experience or qualifications. Applicants must have a high level of fluency in the English language, with required English language tests including IELTS, Pearson PTE, or Cambridge English Test – Advanced.

Application Process

To apply, candidates must create an account in the applicant portal, complete all sections of the application form, and upload required documents, including details of current employment, years of experience, and education history.

About Bangor University

Bangor University is a registered charity located in Bangor, Gwynedd, LL57 2DG, UK. The university offers a range of programs, including the Financial Crime & Compliance MBA, and is committed to providing high-quality education and research opportunities.