Criminal Finance Act Awareness Training

Office & Management Courses | Criminal Finance Act Awareness Training

Criminal Finance Act 2017 Awareness Training Course e-Learning Level 2

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£19.99

Ensure your staff understand the significant implications of tax evasion and their workplace responsibilities under the Criminal Finances Act 2017.

Enhance their skills and knowledge with our comprehensive training course. Enroll now.

Description

Criminal Finance Act Training

The Criminal Finance Act Training course helps people learn about the Criminal Finance Act 2017 and how it affects businesses and people. The course explains why the law is important for stopping corruption, money laundering, and tax evasion.

It talks about different types of crimes that involve money and explains what they mean. You will also learn what companies and workers need to do to avoid helping with tax evasion.

The course teaches what “associated persons” mean and their role in the law. It also covers how to reduce the risk of breaking the law in a business and how to communicate, watch for problems, and report them if needed.

The course shows why it’s important to report suspected tax evasion and what can happen if you don’t report it. When you finish the course, you will know how to spot tax evasion, understand your responsibilities, and help make sure your business follows the law.

This Criminal Finance Act Awareness Course is important for people who work with taxes, like tax managers, financial officers, and company leaders.

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Course Information:

Developed by professionals.
CPD Approved.
100% online, learn at your own time and pace.
Translated into over 100 different languages
Download instant certificate.
Progress tracker
Easy to use interface
Average completion time of 1-2 hours.
Retake Course after failing.

Course Topics:

What You Will Learn in the Criminal Finance Act Awareness Course:

What is the Criminal Finance Act 2017?
Learn about the Criminal Finance Act 2017 and why it is important.
What is an “Associated Person”?
Understand who is called an “associated person” and what that means.
Types of Criminal Finance Offences
Find out about different crimes like money laundering and tax evasion.
How to Avoid Breaking the Rules
Learn how businesses can make sure they don’t break the law.
How to Report Problems
Know how to share important information and report any problems.

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Expected Outcome:

On completion of this Criminal Finance Act online training course, learners will:

Gain a comprehensive understanding of the Criminal Finance Act 2017 and its key provisions
Define an associated person and comprehend their role within the act
Identify various types of criminal finance offences
Acquire knowledge on minimizing the risk of breaching the act within a business setting
Learn effective communication, monitoring, and reporting practices to prevent financial crimes

The aim of this Criminal Finance Act training course is to help you learn about The Criminal Finance Act 2017.

You will learn how to spot signs of suspected tax evasion and understand your duty to report them to your company.

Buy More: Anti-bribery Act Training and Stopping Bullying/Harassment at Work Course

Course Benefits

Training on knowing about criminal financial activities has many advantages:

Making sure you follow the law and reducing the chance of being fined.
Getting better at stopping fraud and finding it when it happens.
Keeping the good name of the organisation safe.
Managing risks better overall.
Making customers trust the organisation more because it cares about money honesty.
Helping staff deal with suspicious things confidently.
Encouraging a workplace where being fair is important.
Getting ready for checks from regulators.
Maybe saving money by stopping financial crimes and not hurting the good name of the organisation.

All these advantages mean the financial world becomes safer, follows rules, and stays fair.

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Who Should Take This Course

The target audience for the Criminal Finance Act Training course includes:

Tax managers
Financial controllers
Compliance officers
Company secretaries
Directors
Business owners
Employees who work with company finances or tax matters
Anyone responsible for managing or overseeing financial activities within a business or organisation.

Career Opportunities in Criminal Finance Awareness

If you know about the Criminal Finance Act 2017, you can work in jobs like:

Compliance Officer: Make sure businesses follow the law and avoid breaking financial rules.
Risk Manager: Find and manage risks that could cause legal problems for businesses.
Internal Auditor: Check financial records to stop illegal activities.
Financial Investigator: Look into possible financial crimes and help catch wrongdoers.
Corporate Governance Professional: Help companies create strong rules to stay legal and fair.
Legal Advisor or Consultant: Give advice to businesses on how to stay within the law and avoid breaking financial rules.

Knowing about criminal finance laws can help you get important jobs in business, finance, and law, where you can help businesses follow the rules and stay safe.

Course Outline for Criminal Finance Act Training

1: Introduction to the Criminal Finance Act 2017

Learn about the Criminal Finance Act 2017
Understand what the Act is for and who it affects
Learn the main rules and how they apply to businesses and people

2: Definition of an Associated Person

Learn what “associated person” means
Understand who is considered an associated person
Know the duties of associated persons under the law

3: Types of Criminal Finance Offences

Learn about different criminal finance offences
Understand tax evasion and how people help others avoid paying tax
Learn about money laundering and supporting terrorism
Look at some common examples of these offences

4: Minimising the Risk of Breaking the Act

Learn how to set up good rules and processes in your business
Understand how to manage risks and keep things legal
Learn best ways to follow the law
Create a workplace that values following the rules

5: Communicate, Monitor, and Report

Learn how to report concerns about possible problems
Watch for signs of trouble to stop problems early
Know the steps to take if something goes wrong
Understand the role of different people in reporting issues

6: Practical Application and Case Studies

Look at real-life examples and how they apply to you
Complete a short quiz to test your knowledge
Download your certificate when you finish.

Learning Outcomes for Criminal Finance Act Training

When you finish this training, you will be able to:

Understand the Criminal Finance Act 2017:
- Explain what the Criminal Finance Act 2017 is and why it’s important.
- Know how the law affects businesses and people.
Identify Associated Persons:
- Understand what an “associated person” is under the law.
- Recognise who is an associated person and what they must do legally.
Recognise Criminal Finance Offences:
- Learn about different criminal finance offences, like tax evasion and money laundering.
- Understand what happens if someone breaks these laws or helps others break them.
Minimise Risk of Breaching the Act:
- Set up good rules and systems to prevent breaking the law.
- Learn how to check for risks and make plans to avoid them.
Communicate, Monitor, and Report:
- Know how to report concerns about breaking the law.
- Watch for problems and take action if something goes wrong.
- Make sure reports are done properly and on time, and understand who is responsible.
Apply Knowledge in Real-World Scenarios:
- Use what you’ve learned in real-life situations through examples.
- Come up with solutions to make sure the rules are always followed.

FAQs on Criminal Finance Act 2017 Training

What is the Criminal Finance Act 2017? The Criminal Finance Act 2017 is a law in the UK that helps prevent crime like money laundering, tax evasion, and terrorist funding. It sets rules for businesses and individuals to follow to avoid helping criminals.
Who needs to take this training? Anyone who works in businesses where there’s a chance of being involved with financial decisions, like managers, accountants, and people working in tax-related jobs, should take this training.
What is an “associated person” under the Criminal Finance Act? An “associated person” is anyone linked to a business who can act on its behalf, like employees, contractors, or agents. They have to follow the law and ensure no criminal finance activities happen.
What are criminal finance offences? Criminal finance offences include things like helping people avoid paying taxes, hiding illegal money, and financing terrorism. Breaking these laws can lead to serious consequences.
How can businesses reduce the risk of breaking the law? Businesses can set up strong internal systems, monitor activities, train staff, and regularly check for risks. Following the best practices helps reduce the chance of breaking the rules.
What should I do if I see something suspicious? If you notice anything suspicious, you should report it right away. This course will show you how to set up communication channels for reporting concerns and how to monitor for potential breaches.
What happens if a business breaks the rules in the Criminal Finance Act? If a business or individual breaks the rules, they could face fines, legal action, or even jail time. It’s important to follow the law to avoid these serious consequences.
How does this training help me? This training teaches you how to identify risks, follow the law, and avoid helping criminals. It also explains how to report concerns and manage risks properly in your workplace.
Do I get a certificate after finishing the training? Yes, after completing the course, you will get a certificate showing you’ve learned about the Criminal Finance Act and how to follow the rules.
Can I apply what I learn in real-life situations? Yes! This course includes real-life examples and case studies, so you’ll be able to apply what you’ve learned in your own workplace to prevent financial crime.

Other FAQs

What is the Criminal Finances Act 2017?

The Criminal Finances Act 2017 is a law in the UK that helps stop people from doing bad things with money, like not paying taxes or moving money illegally. It makes sure companies follow the rules and helps catch people who are doing bad financial things.

What is Anti-Tax Evasion Training?

Anti-tax evasion training helps people and businesses learn how to stop tax evasion. It covers things like:

Knowing the rules: Learning about tax laws.
Spotting tax evasion: Recognising tricks people use to avoid paying taxes.
Following the rules: Doing things right when paying taxes.
Checking for risks: Finding out where there could be problems with tax evasion.
Reporting problems: Learning how to tell someone if you think tax evasion is happening.
Doing the right thing: Making sure everyone follows the tax rules.
What happens if you break the rules: Learning about the problems if the rules are broken.
Best ways to do things: Making sure taxes are paid the right way.
Looking around the world: Seeing how other countries handle tax evasion.
Using technology: Using computers to make sure tax reports are correct.

This training is important for people who work with money, like finance experts, business owners, and staff, to make sure taxes are paid properly and to avoid breaking the law.

What is the key aim of the Criminal Finances Act?

The Criminal Finances Act helps stop people from breaking the law with money. It makes businesses and people responsible for spotting, stopping, and reporting bad financial activities.

Why is the Anti-Tax Evasion Online Course important?

The Anti-Tax Evasion course teaches you everything about the Criminal Finances Act 2017.

You’ll learn about financial crimes and how to avoid them.
You’ll know how companies can stop tax evasion and follow the law.
You’ll understand why it’s important to report any tax evasion you see.

What are the three stages for liability under the Criminal Finances Act?

The Offence: This is when a person does something wrong, like helping someone not pay their taxes.
The Failure to Prevent: If a company doesn’t stop someone (like an employee) from doing something wrong, the company could get into trouble.
Adequate Procedures: If a company shows it had good rules and checks in place to stop tax evasion, they can avoid getting into trouble.

Knowing these stages helps businesses stop tax evasion and follow the law. Strong policies, rules, and training can help businesses avoid problems.

What are the 6 guiding principles of the Criminal Finances Act?

Risk Assessment: Businesses need to check what risks they face with tax evasion.
Proportionality of Procedures: The rules businesses put in place should match the risks they face.
Top-Level Commitment: Business leaders need to care about stopping tax evasion.
Due Diligence: Businesses must check their customers to make sure they’re not doing anything wrong.
Communication and Training: Businesses should teach employees how to spot and report tax evasion.
Monitoring and Review: Businesses must check their rules regularly to make sure they’re working well.

How can I purchase in bulk?

We have a few options depending on the volume you wish to purchase.

The quickest and easiest way is to buy online using one of our bulk deal offers. Links are below.

Alternatively, you can call us on 01782 563333 or email enquiries@caringforcare.co.uk

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