Combating Financial Crime
Three stages of money laundering, the Bribery Act offences, tipping off, SARs and who they go to, and the role of the MLRO.
Combating Financial Crime
Financial crime encompasses fraud, money laundering, bribery and corruption.
True or false?
Financial crime encompasses fraud, money laundering, bribery and corruption
Key definitions
Which term matches: "The process of making criminally obtained money appear legitimate"
What does "Placement" mean?
Type the term that means: "The process of making criminally obtained money appear legitimate"
Match each term in "Key definitions" to its meaning
Tap a term, then tap its matching definition.
Fill in the blank
______ — Third stage — criminal funds re-enter the legitimate economy
Fraud & Money Laundering
Which term matches: "Placement → Layering → Integration"
What does "Know Your Customer (KYC)" mean?
Fill in the blank
______ — Firms must verify identity before establishing business relationships
Bribery and Corruption
Which term matches: "Creates offences of bribing, being bribed, bribing a foreign public official, and failure of commercial organisations to prevent bribery"
What does "Maximum penalty" mean?
Type the term that means: "Creates offences of bribing, being bribed, bribing a foreign public official, and failure of commercial organisations to prevent bribery"
Fill in the blank
______ — 10 years' imprisonment for individuals; unlimited fines for companies
Global Action Against Crime
Which term matches: "International body setting global AML standards"
What does "MONEYVAL" mean?
Match each term in "Global Action Against Crime" to its meaning
Tap a term, then tap its matching definition.
Fill in the blank
______ — Network of Financial Intelligence Units (FIUs)
Key rates & figures
Which term matches: "up to 10 years imprisonment"
What does "SARs submitted to" mean?
Type the term that means: "up to 10 years imprisonment"
Fill in the blank
______ — National Crime Agency (NCA)
What the exam tests
Three stages of money laundering, the Bribery Act offences, tipping off, SARs and who they go to, and the role of the MLRO.
True or false?
Three stages of money laundering, the Bribery Act offences, tipping off, SARs and who they go to, and the role of the MLRO
Additional notes
Quick recap
Lock in the essentials before moving on.
True or false?
What are the three stages of money laundering? — Placement, Layering, Integration
True or false?
What is "tipping off" and why is it illegal? — Warning a suspect that a SAR has been filed; it is a criminal offence because it allows criminals to evade investigation