This training is designed to help participants understand how money laundering is perpetrated and how government s and anti-money laundering (AML ) laws operate to counteract this crime. It also highlights the roles and responsibilities of the AMLC and covered per sons in facing the threat of money laundering. Professional accountants, compliance officers, and other individuals involved in covered institutions such as banks, stock brokerages, casinos, and pawnshops will greatly benefit from this course.

In Lesson 8, participants should gain an understanding of the future of money laundering with the use of cryptocurrencies, virtual applications and other similar innovations in technology and finance.


Course curriculum

  • 1

    Handouts

    • Handouts - Anti-Money Laundering Series - Lesson 8

  • 2

    Test Your Knowledge

    • Test Your Knowledge

  • 3

    MODULE OVERIEW

    • Module Overview - Lesson 8

  • 4

    The Virtual Future of Money Laundering

    • The Virtual Future of Money Laundering

  • 5

    Section Review

    • Section Review

  • 6

    eCache, TOR, Dark Wallet

    • Different Types of Virtual Currencies and Applications - Part 1

    • Different Types of Virtual Currencies and Applications - Part 2

  • 7

    Section Review

    • SECTION REVIEW: Different Types of Virtual Currencies and Applications - Parts 1 & 2

  • 8

    A Virtual Capital Market

    • Different Types of Virtual Currencies and Applications - Part 3

  • 9

    Section Review

    • SECTION REVIEW: Different Types of Virtual Currencies and Applications - Part 3

  • 10

    Virtual Money Service Businesses and Massively Multiplayer Online Role-Playing Games (MMORPGS)

    • Different Types of Virtual Currencies and Applications - Part 4

    • Different Types of Virtual Currencies and Applications - Part 5

  • 11

    Section Review

    • SECTION REVIEW: Different Types of Virtual Currencies and Applications - Parts 4 & 5

  • 12

    EXERCISES

    • List of Scenarios

    • Scenario 1

    • Scenario 1 - Questions

    • Scenario 2

    • Scenario 2 - Questions

    • Scenario 3

    • Scenario 3 - Questions

  • 13

    Case Study

    • CASE STUDY

    • CASE STUDY: Questions

  • 14

    Quiz

    • Quiz

  • 15

    TOPICS REVIEW

    • Topics Review

  • 16

    Evaluation Form

    • Evaluation Form - Introduction to Anti-Money Laundering - Lesson 8