JST529 Contemporary Issues in Financial Crime (16)

Abstract

This subject entails an overview of key contemporary money laundering, terrorist financing, fraud and financial crime control issues within the Banking, Insurance, Real Estate and Investment, Gambling, Remittance, Professional Services (Legal and Accounting), Government, and Law Enforcement Sectors. Common practices and tools will be discussed and critically evaluated. In addition, sector specific challenges to Anti- Money Laundering, Counter-Terrorist Financing, Fraud and Financial Crime prevention will be addressed together with regulatory compliance options to address trends and issues.

+ Subject Availability Modes and Location

Session 1
Online	Manly Campus
Session 3
Online	Manly Campus

Continuing students should consult the SAL for current offering details: JST529
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration	Grading System	School:
One session	HD/FL	Australian Graduate School of Policing and Security

Assumed Knowledge

Successful completion of the Graduate Diploma of Anti-Money Laundering and Counter-Terrorist Financing; or Successful completion of the Graduate Diploma of Fraud and Financial Crime

Enrolment restrictions

No enrolment restrictions

Learning Outcomes

Upon successful completion of this subject, students should:

be able to demonstrate a sound understanding of present and future Money Laundering, Terrorist Financing, Fraud and Financial Crime trends and issues in prevention
be able to critically review, analyse, consolidate and synthesize legal issues surrounding Money Laundering, Terrorist Financing, Fraud and Financial Crime prevention
be able to critically evaluate professional practice in Money Laundering, Terrorist Financing, Fraud and Financial Crime investigations, key challenges and risks and ways these might be mitigated
be able to demonstrate an understanding of the theoretical and operational concepts and methodologies relevant to the Money Laundering, Terrorist Financing, Fraud and Financial Crime prevention process
be able to demonstrate an understanding and knowledge of the procedures followed by compliance managers, investigators and other stakeholders and challenges arising in these procedures
be able to think critically about the ethical dimensions of the Anti-Money Laundering, Counter Terrorist Financing, Fraud and Financial Crime Prevention function and how this can impact on processes and procedures
be able to ccritically review, analyse, consolidate and synthesize best practice in Anti-Money Laundering, Counter Terrorist Financing, Fraud and Financial Crime prevention management
be able to identify Money Laundering, Terrorist Financing, Fraud and Financial Crime risks and demonstrate an ability to apply the appropriate methodologies to minimize these crimes and communicate these to a range of professional and academic audiences

Syllabus

The subject will cover the following topics:

Module 1: The Duties and Responsibilities of Anti-Money Laundering-Counter Terrorist Financing and Financial Crime Prevention Managers
Module 2: Designing a Comprehensive Anti-Money Laundering-Counter Terrorist Financing and Financial Crime Prevention Framework for a Business
Module 3: Principles of Anti-Money Laundering-Counter Terrorist Financing and Financial Crime Prevention Management and Planning
Module 4: Budget and Financial Considerations
Module 5: Legal, Regulatory and Compliance Challenges
Module 6: Recognition, Handling, Monitoring and Reporting Transactions/Illegal Behaviour
Module 7: Engendering an Effective Compliance Culture
Module 8: Dealing with the Regulatory Authorities

Back

The information contained in the 2017 CSU Handbook was accurate at the date of publication: 25 August 2017. The University reserves the right to vary the information at any time without notice.

Handbook 2017