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Trade Based
Money Laundering.

Banks and other financial services providers run an elevated risk of falling victim to money laundering. Employees’ ability to spot the warning signs of money laundering and act appropriately is critical, especially for companies outside the financial sector who may be less aware of the risks. To help achieve this, Sponge’s modular course is designed to transform working habits, create strong behaviours and protect your organisation from money-laundering practices.

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Trusted where compliance matters

E-learning courses

Trade Based Money Laundering
training solutions.

Our training program "Prevention of Trade Based Money Laundering" helps obligated organisations from the non-financial sector to sensitise their employees to money laundering so that they can recognise warning signals and act correctly in case of suspicion. In addition to the legal basis and the general functioning of money laundering, special emphasis is placed on the due diligence obligations that are important in everyday work, including the identification of politically exposed persons.

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Lesson contents

Preventing money laundering and terrorist financing.

The course consists of a number of self-contained lessons. You can pick and choose any combination of lessons depending on whether you want to use the standard product or would like more options.

Example lessons to mix and match:

What is Money Laundering
Know Your Customer
Politically Exposed Persons (PEP)
Red Flags

Course details

Never "one-size-fits-all" training.

About "Mix & Match" About our Adaptive Learning.

With our Mix & Match approach, you can freely select and combine individual modules and choose the appropriate form of training – from texts and images to videos, animations and simulations.

We offer adaptive learning solutions that tailor training content to the individual learning behavior and knowledge level of the learners to ensure an effective learning experience.

Media & formats

Variety for learner engagement.

A mix of different media and formats address preferred learning styles and increase learners’ engagement around Trade Based Money Laundering training topics.

Eg.

Text & images
Single/multiple choice questions
Video formats
Animations
Simulations
Gamified elements

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FAQs

Prevention of Money Laundering (banks) elearning course FAQs

Where does the information in your Prevention of Money Laundering (banks) elearning come from?

The specialist author is Dr. Harald Feiler, lawyer and partner at GSK Stockmann. His main areas of focus include compliance for companies regulated primarily by financial regulators, money laundering law and white-collar criminal law.

Is the Prevention of Money Laundering (banks) course information kept up-to-date?

Yes. Our product experts keep a close eye on legislation changes and updated requirements, releasing new modules or amendments to ensure that your training is up-to-date.

I don’t have an LMS – can I use your content?

Yes. We’ll set you up with our learning platform to deploy your learning with ease. Depending on your requirements, this can be up and running in as little as a day. But, if you have more complex or involved employee compliance requirements, the platform is an agile and straightforward way to bring together all your employee compliance management requirements.

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I already have an LMS – will your content work with it?

Yes. All our content is SCORM and TinCAN/xAPI compliant and can be easily integrated with your existing training ecosystem.

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