Money laundering prevention in the financial sector
Protect your financial institution from money laundering with our specialised e-learning course. We prepare your employees for the challenges of money laundering prevention, raise their awareness for early detection, and teach them crucial due diligence duties.
In Germany, approximately 100 billion euros are “laundered” annually, and due to their position in the financial system and access to transaction data, banks play a crucial role in preventing money laundering. However, employees in banks and other financial service providers can often unknowingly become accomplices to money laundering. The impact on businesses and individuals accused of money laundering is enormous, ranging from reputation losses to hefty fines and long prison sentences. Therefore, it is of great importance to implement effective prevention measures. Additionally, banks are required by § 6 (2) Number 6 of the Money Laundering Act to regularly educate all their employees on the topic of money laundering and terrorism financing.
With our innovative e-learning program, we effectively train your bank employees in just 45 minutes for successful money laundering prevention in their daily work routine, ensuring long-term compliance protection for your bank.
Formats
lawpilots LMS/ your LMS
AICC
Online
TinCAN/xAPI
SCORM
Your preferred language is not listed? No problem!
Expert knowledge is packaged in interactive elements and communicated in an entertaining way. This enables your employees to learn about anti-money laundering in a motivating and effective way.
Expert knowledge
Each e-learning course is developed in conjunction with recognised legal experts. Thanks to regular updates during the contract term, you will always be kept up-to-date with the latest legal developments.
Gamification
Numerous interactive and multimedia elements ensure an entertaining and motivating learning experience. In addition, playful tasks lead to the formation of new synapses in the human, effectively anchoring the new knowledge gained.
Practical examples
Numerous practical examples facilitate quick and easy implementation in everyday work. Complex and abstract contents become tangible through the reference to practice, even for people without prior knowledge.
Storytelling
Storytelling is one of the most effective methods of teaching: Storytelling dramatically increases participants’ attention, curiosity, and concentration. It also creates a sense of trust and solidarity. This makes even complex content easy to understand and be effectively retained in the memory.
Expert knowledge
Each e-learning course is developed in conjunction with recognised legal experts. Thanks to regular updates during the contract term, you will always be kept up-to-date with the latest legal developments.
Gamification
Numerous interactive and multimedia elements ensure an entertaining and motivating learning experience. In addition, playful tasks lead to the formation of new synapses in the human, effectively anchoring the new knowledge gained.
Practical examples
Numerous practical examples facilitate quick and easy implementation in everyday work. Complex and abstract contents become tangible through the reference to practice, even for people without prior knowledge.
Storytelling
Storytelling is one of the most effective methods of teaching: Storytelling dramatically increases participants’ attention, curiosity, and concentration. It also creates a sense of trust and solidarity. This makes even complex content easy to understand and be effectively retained in the memory.
Companies’ legal and regulatory challenges have risen sharply in recent years, leading to uncertainty and wrong actions among employees. Their know-how is crucial for the future success of your company. With our e-learning courses, we activate the swarm competence in your organization and create a learning process that has a lasting effect.
Innovative learning methodology
High motivation through engaging storytelling, a diverse design world, adaptive and playful learning, and accessibility.
Exceptional expertise
Our employee training courses are multi-award winning, developed with legal experts and educational psychologists, always up-to-date and forward-looking.
Our e-learning courses can also be easily integrated into your company
As flexible as your company. Our e-learning courses can be individually integrated into your employees’ daily work routine. Whether in the morning, at lunchtime, or in the evening and with or without interruption, with lawpilot’s e-learnings your employees are completely flexible. On all devices.
Easy training with the lawpilots online platform
You don’t need any additional software or hardware. Create your employees in the system in seconds and easily send invitations and reminders.
Integration into your internal Learning Management System
With SCORM, A/CC or TinCan/xAPI files, our e-learnings can be quickly and easily imported into your Learning Management System (LMS). We are happy to support you.
Our course AI and data protection shows your workforce how to safely utilise the diverse possibilities of AI in accordance with the GDPR. Equip your team with the necessary knowledge to effectively prevent data breaches and responsibly leverage the benefits of AI.
Why should banks particularly raise awareness among their employees for money laundering prevention?
Banks should raise awareness among their employees for money laundering prevention because they play a key role in preventing money laundering and terrorism financing.
As financial institutions, banks are the primary actors in processing financial transactions. They facilitate the transfer of funds from one place to another, making them a crucial element in the flow of money. This makes them vulnerable to money laundering activities, as illegal funds can be funneled through the banking system.
Furthermore, banks have access to extensive transaction data and can analyze transaction patterns. By monitoring account movements and identifying suspicious activities, they can uncover attempts at money laundering. Banks are thus able to form the first line of defense in identifying and reporting suspicious transactions.
Additionally, banks are subject to strict legal regulations and requirements for combating money laundering. They are obligated to apply appropriate due diligence, verify customers, and report suspicious activities to the authorities. Compliance with these regulations is crucial to prevent money laundering and maintain the integrity of the financial system.
Training employees helps them comply with legal requirements, recognize suspicious activities, and respond appropriately. Banks can avoid financial losses, legal consequences, and reputational damage by raising awareness among their employees about the challenges of money laundering prevention. Furthermore, they contribute to the safety of society by actively participating in the fight against crime.
Who is the E-Learning money laundering prevention for banks suitable for?
The E-Learning is suitable for banks, financial institutions, and other organizations involved in financial transactions. It is specifically designed for employees in these areas to raise awareness about money laundering prevention and terrorism financing, and to provide them with the necessary knowledge and skills to recognize risks and respond appropriately.
What can my company expect from the E-Learning money laundering prevention for banks?
Through the E-Learning money laundering prevention for banks, your company can expect the following:
Comprehensive understanding of money laundering and its functioning.
Ability to recognize money laundering and identify heightened risks.
Knowledge of relevant due diligence requirements.
Clear guidance on whom to contact in cases of suspicion.
By implementing the E-Learning, you strengthen the security of your bank by equipping your staff with the necessary tools to effectively combat money laundering. This protects your company and contributes to the overall security of the financial sector.
Any further questions?
Do you have further questions? No problem! Contact us by phone, email, or contact form – together we will clarify all open questions and advise you on the optimal training solution for your company.
The first e-learning courses your employees will want popcorn to
We convey anti-money laundering to your staff in such an exciting way that they immediately look forward to the continuation after completing the e-learning course.
