Above a certain level, money laundering and corruption work in tandem. A financial institution’s inability to maintain anti-corruption defences can lead to regulatory failures and even criminal prosecution.

Anti-corruption training is one of the most critical components of a financial institution’s compliance regime. Without specific training, financial institutions run high levels of risk in their financial crime compliance programs. International research, industry-specific examples and red-flag indicators are incorporated into ManchesterCF’s FIU CONNECT (Corruption) training program.

The FIU CONNECT (Corruption) training program can be implemented with the following components:

• Digital textbook
• Computer-based training (customisable and SCORM-compliant)
• Examination