Anyone can act with gross negligence and recklessly accept large sums of cash without enquiring about the source of the money, thereby making themselves liable under money laundering legislation. And this applies not only to money, but also to valuables.

Money laundering has, of course, been an issue for a long time. What is new is that you are now a regulated entity within the meaning of the GwG, the Money Laundering Act.

As a consultant, you therefore bear a great deal of responsibility and must identify and assess the risks – both for yourself and for your clients.

In our course, you will learn what money laundering is and how to identify it. What processes are involved in money laundering? Due diligence requirements call for both risk management and the precise documentation of all relevant incidents, right through to archiving. And in the event of a suspected case, you are the „whistleblower“ yet are bound by a duty of confidentiality. We have presented this complex topic in a varied and engaging way through a number of fascinating „Did you know?“ pages.