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%): marginal failing yet compensatable work 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.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 main areas; • Limited evidence of background study; • Answer only poorly focussed on question and with some irrelevant material and poor structure; • Arguments presented but lack coherence; • Several factual/computational errors; • No original interpretation; • Only major links between topics are described; -good -B- to B+ (60-69%): Very 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 o Evidence of background study o Focussed answer with good structure o Arguments presented coherently o Mostly free of factual errors o Some limited original interpretation o Well known links between topics are described o Problems addressed by existing methods/approaches o Good presentation with accurate communication -excellent -Excellent standard: 70+ An outstanding performance, exceptionally able. The relevant information 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.