Anti-Fraud, Market Abuse & Financial Crime Prevention

Course 5 of 6 in the StudyAML Global Financial Crime Series, this course examines how fraud, market abuse, and money laundering intersect across the financial system. It equips professionals with the awareness and judgement needed to recognise emerging risks and respond appropriately. Designed for a global regulatory environment, it focuses on practical behaviours, escalation, and prevention. Real risks. Real decisions. Real accountability.

20 - 25 minutes

Certificate Included

United States

Description

This self paced course provides a practical, principles based overview of fraud, market abuse, and broader financial crime risks within financial institutions. Designed to be completed in approximately 20 to 25 minutes, the course is suitable for professionals working in compliance, AML, CFT, risk management, operations, and financial crime prevention roles. The course takes an internationally aligned approach, grounded in FATF standards, while remaining adaptable to local regulatory and supervisory expectations across jurisdictions. Learners will explore how fraud often acts as a predicate offence to money laundering, how cyber enabled crime and insider threats elevate institutional risk, and how market abuse undermines market integrity. Through realistic scenarios and behavioural indicators, the course emphasises risk based thinking, professional judgement, and appropriate escalation. It explains how controls operate in practice, what red flags matter most, and how staff actions directly support governance, regulatory compliance, and a strong compliance culture. Upon completion, learners will be better equipped to identify anomalous behaviour and respond confidently within their firm’s financial crime framework.

What will you learn?

Module 1 — Fraud vs. Money Laundering
This module explains the differences and connections between fraud and money laundering, highlighting fraud as a common predicate offence. Learners develop practical reasoning skills to assess anomalous behaviour in line with FATF principles and risk based AML expectations.
Module 2 — Common Fraud Schemes Targeting Financial Institutions
This module explores common fraud typologies such as account takeover, synthetic identity fraud, and payment fraud. Learners gain insight into behavioural patterns, customer risk indicators, and how fraud schemes exploit institutional processes.
Module 3 — Cyber Enabled Financial Crime
This module examines how cyber enabled activity supports modern fraud and financial crime. Learners learn how phishing, malware, spoofing, and social engineering increase financial crime risk and how to respond in line with internal controls and escalation frameworks.
Module 4 — Insider Threat & Market Abuse
This module focuses on risks originating within the institution, including insider threats, employee misconduct, and market abuse. Learners explore governance expectations, information misuse risks, and controls that support market integrity and regulatory compliance.
Module 5 — Controls, Key Red Flags & Prevention Measures
This module brings together prevention measures across fraud and financial crime. Learners learn how controls, red flags, escalation, and staff behaviour support an effective risk based framework and a strong compliance culture.