Program Overview

Law - Financial Integrity (LFIN) Program

The Law - Financial Integrity (LFIN) program is designed to provide students with a comprehensive understanding of financial integrity, including criminal law, money laundering, and terrorism financing. The program consists of several courses that cover various aspects of financial integrity.

Course Descriptions

• LFIN 1002: Introduction to Criminal Law and Procedure: This course provides an introduction to criminal law and procedure, including the goals of the criminal justice system, sources of criminal law, elements of crimes, and personal and enterprise liability.
• LFIN 1003: Proceeds of Crime and Money Laundering: This course examines the key crimes that result in financial proceeds and serve as predicate offenses to the crime of money laundering.
• LFIN 1004: Money Laundering in Practice: This course discusses the various mechanisms and typologies engaged in by those laundering money, including trade-based money laundering, cash smuggling, and luxury goods.
• LFIN 1005: International AML/CFT Standards: This course introduces students to international standards for combatting money laundering and related crimes, including the Financial Action Task Force (FATF) recommendations.
• LFIN 1006: Sanctions and Combatting the Financing of Terrorism and Weapons Proliferation: This course focuses on the threat of global terrorism and international and domestic standards and requirements to counter the financing of terrorism and the proliferation of weapons of mass destruction.
• LFIN 1007: Law, Legislation and Regulation in Practice (MAFI): This course provides students with the knowledge and skills needed to conduct business in regulatory-intensive environments.
• LFIN 1008: Fin Inst AML/CFT Obligations: This course studies the AML/CFT requirements imposed on financial institutions, including customer onboarding, customer due diligence, and compliance with Office of Foreign Asset Control (OFAC) rules.
• LFIN 1009: Risk Management: This course considers risk, compliance, governance, and ethics issues in the financial institution setting.
• LFIN 1010: Risk Leadership: This course studies key risk leadership and management competencies required of financial integrity professionals.
• LFIN 1011: Supervision and Enforcement of Financial Institutions AML/CFT Obligations: This course examines the supervisory process and supervisory examinations by regulators.
• LFIN 1012: Investigating and Prosecuting Financial Crimes: This course examines how financial intelligence units, investigators, prosecutors, and investigative judges/magistrates investigate and prosecute financial integrity crimes.
• LFIN 1013: New Technologies and AML/CFT Risks: This course covers the rise of technology and the impact new technology is having on the financial crimes industry.
• LFIN 1014: Selected Topics in Financial Integrity: This course studies a current pressing topic in financial integrity, which may vary from year to year.

Program Requirements

Students enrolled in the MA Financial Integrity program are required to complete the above courses to gain a comprehensive understanding of financial integrity. The program is designed to provide students with the knowledge and skills needed to conduct business in regulatory-intensive environments and to combat money laundering and related crimes.