All DFSA regulated firms must have appropriate tools and resources to combat money laundering and terrorist financing. Staff awareness of money laundering and terrorist financing risks and training in the essential procedures and controls is a fundamental part of this process.

This course explains how financial services firms can be used for money laundering and terrorist financing activities and describes the essential procedures and controls that firms must have in place to prevent those risks. It also explains the obligations of firms and their employees under the applicable laws and regulations and the potentially severe consequences for themselves and their firms if they fail to comply with them.