SITO - the National Training Organisation for the Secure Environment - has launched Risky Business, an interactive training package to show companies in the financial sector how to prevent money laundering.
Risky Business has been developed in accordance with both the FSA regulations and the guidance notes from the Joint Money Laundering Steering Group (JMLSG)
The course uses a variety of information sources, case studies, scenarios and interactive opportunities to improve awareness of money laundering related crime.
SITO says that as Risky Business is not based exclusively on UK legislation it can also be used for overseas markets.
Chief executive Raymond Clarke said: "This is a really exciting new product for us with its relevance to so many industries. There is an increasing amount of legislation to prevent money laundering, including the Financial Service and Markets Act of 2000.
"Employers need to put in place both effective measures against money laundering and also ensure that staff are fully aware of money laundering and how to tackle it."
