Prevention of
money laundering.
Although banks and other financial services providers run an elevated risk of falling victim to money laundering, companies of every size need to be aware of the potential hazards and the reputational cost they carry if they go unnoticed. 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 learning programme is designed to transform working habits, create strong behaviours and protect your organisation from money-laundering practices.
Protect your organisation.
Authoritative content.
Customised to your needs.
Easy, fast deployment.
In your language.
What our ready-made
programme offers.
Every organisation has different learning requirements and gaps in understanding that need to be filled. With our special Mix & Match system, your learning manager can work with our experts to identify the training modules employees need and the lesson type that suits them best – from text and images to video, animations and simulations.
Our programme gives your employees an easy-to-understand overview of money laundering prevention in short, self-contained lessons using interactive and target-group-oriented practical cases. Topics include current money laundering methods, suspicious transactions and terrorist financing. Modules include:
- Welcome.
- Basics – short and sweet.
- Laws and guidelines at a glance.
- Terrorist financing prevention.
- Due diligence: Know your customer.
- PEP – Politically Exposed Persons.
- Beneficial owner.
- Reliability check.
- Recognise money laundering and act correctly (branch bank).
- Recognise money laundering and act correctly (direct bank).
- Current methods of money launderers.
- Practical case: A chance acquaintance (target group: everyone).
- Practical case: Payments from abroad (target group: customer service).
- Practical case: A large logistics project (target group: credit business).
- Practical case: Conspicuous securities transactions (target group: securities trading).
- Practical case: The applicant (target group: HR/Personnel).
- Practical case: A different postal address (target group: back office/payment transactions).
- Assessment.
Our programme has been created in consultation with Dr Harald Feiler, partner at leading compliance law firm GSK Stockmann, whose main areas of expertise include financial supervisory compliance, money laundering law, and white-collar crime. Further information can be found at www.gsk.de
Our money laundering prevention programmes are used by a number of major companies including ADG, BSQ Bauspar AG, DZ Bank, easycash, GDV Gesamtverband der Deutschen Versicherungswirtschaft e. V., HSH Nordbank, ING-DiBa, KfW, MAN Financial Services, Reisebank and Portigon (formerly WestLB).
Looking to create something special?
Sponge is industry-famous for cutting edge bespoke solutions. Clients come to us to set new standards for what an online compliance learning experience can be. When the topic is dry, the experience is everything.
Cutting-edge,
tailored solutions.
Our range of services responds to your specific learning needs – whatever form they take.
Consultancy.
Curious about how employees are learning? Want to know what gaps need filling? Our consultants can offer expert help.
Bespoke.
Our award-winning bespoke solutions can make compliance a stimulating learning experience – not just a practical necessity.
Mix & Match Solutions.
Create a flexible, distinctive programme for your employees by picking and choosing from a range of different modules.
Enhance your learning.
Sponge also provides optional content delivery and reporting systems to help you take control of your company’s learning.
Sponge LMS.
Our user-friendly Learning Management System makes it straightforward to manage compliance training and track learners’ progress.
Want to learn more about Money Laundering Prevention?
We’d love to hear from you with any questions about our unforgettable learning programmes.