Money Laundering and Terrorist Financing Risks of Virtual Assets

Unlike fiat currency, virtual assets are not managed by any bank or government, leaving them vulnerable to several unique risks concerning money laundering and terrorist financing. In this module, staff can learn about common red flags and what they must do to prevent the misuse of virtual assets.

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20 Minutes
For all staff

Learning objectives

Understand how criminals use virtual assets in their activities
Recognise the process that criminals typically follow for cryptocurrency money laundering
Identify the red flags that criminal activity involving virtual assets raises
Understand the key regulation around virtual assets
Recognise your duty to combat the money laundering and terrorist financing risks of virtual assets

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