Overview

The modules will consider a range of different forms of financial crime, how they arise and can be combated. This will include consideration of: the scale of financial wrongdoing, what is money laundering? How is Money Laundering undertaken? Financial Fraud and other crimes in Capital markets, terrorist financing and resourcing, the importance of off-shore centres, assessing and managing risks from financial crimes and regulatory and professional methods of addressing financial crime. In particualr there will be a focus on how to identify financial crimes in a work context.

Assessment Strategy

Threshold C- to C+ (50-59%): Satisfactory performance. No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives. Knowledge of key areas/principles only. Weaknesses in understanding of some areas. Limited evidence of background study. Answer inadequately focused on task and with some irrelevant material and poor structure. Arguments presented but lack coherence. Minor factual/computational errors. Lacking original interpretation.

Good B- to B+ (60-69%): Good performance. Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills. Understands most but not all concepts/issues. Evidence of background study. Focused answer with good structure. Arguments presented coherently. Mostly free of factual errors. Some limited original interpretation. Well known links between topics are described. Problems addressed by existing methods/approaches. Good presentation with accurate communication

Excellent standard: 70+ An outstanding performance, exceptionally able. The relevant information is accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.

Learning Outcomes

• Appraise the legal, ethical and regulatory requirements of financial firms to eradicating financial crime.

• Synthesise and articulate the opportunities and techniques associated with the combating of financial crime in traditional and new economy situations.

• To develop a critical comprehension of the methods and techniques through which financial institutions can limit financial crimes.

• To evaluate the requirement to address and limit the scale and scope of financial crime in financial institutions and markets.