CISI Combating Financial Crime
Defeat financial crime complexities with our rapid-recall system. Replace dry workbooks with an interactive learning experience that makes CDD and AML regulations easy to memorize and master for the latest syllabus.
Preview & See What You Will Get
Combating Financial Crime with Smart Practice
Don't let dry, legalistic texts stand in your way. Our system turns complex AML, Bribery, and Fraud regulations into an interactive and engaging mastery plan.
We've built a logic-driven platform designed for the Latest Syllabus, focusing on rapid recall and practical understanding of financial crime risks.
Key Benefits
Success Simulator Suite
Strategic simulators ensuring you're ready for every financial crime question.
- ✓ Timed Mock Exams: Full exam day replication.
- ✓ Chapter Drill: Master Bribery Act or TF.
- ✓ Adaptive Revision: Focused prep on tricky topics.
300+ Expertly Crafted Questions
Tailored to the logic and structure used by official CISI examiners.
- ✓ Covers latest regulatory changes and global trends.
- ✓ Step-by-Step Explanations: Deep-dive into answers.
- ✓ Performance Tracking against passing thresholds.
AI Financial Crime Mentor
Regulations can be technical; our AI Mentor simplifies them in seconds.
- ✓ Instant Rule Breakdown of POCA or FATF.
- ✓ 24/7 Availability for conceptual support.
- ✓ Business-ready explanations of confusing points.
Rapid-Recall Flashcards
Optimized for practitioners on the move. Break down the 24/7 risk landscape.
- ✓ Highlights key dates and penalty thresholds.
- ✓ Designed using spaced repetition principles.
- ✓ Critical for memorizing AML and Sanctions facts.
High-Yield Exam Cheat Sheets
The definitive last-minute guide to the most essential crime facts.
- ✓ Condensed summaries of AML stages and Bribery.
- ✓ Essential sanctions reporting rules.
- ✓ Designed for rapid review at the test center.
Who Is This For?
Frequently Asked Questions
Syllabus
Module 1: Introduction to Financial Crime 7 marks
Covers core definitions, international standards (FATF), and the regulatory landscape in the UK and globally.
- • Definitions: ML, TF, PF, Fraud, Market Abuse, Bribery, Corruption, Sanctions.
- • FATF 40 Recommendations (Soft Law).
- • UK FSMA 20 definition of financial crime.
- • GDPR Breach Fines: 4% of global turnover or €20m.
- • Role of FIUs (Financial Intelligence Units) under FATF Rec 29.
Module 2: International and UK AML/CTF Framework 8 marks
Detailed look at the PLI and EDD models, the POCA 2002 legislation, and MLR 2017-2023 updates.
- • PLI Model: Placement (Entry), Layering (Movement), Integration (Reunion).
- • POCA S327-329: Concealment, Arrangements, Acquisition (Max 14 years prison).
- • POCA S330-333: Failure to Disclose / Tipping Off (Max 5 years prison).
- • Beneficial Ownership threshold: >25%.
- • Occasional Transaction threshold: €15,000 (standard) or €10,000 (art/crypto).
Module 3: Terrorist Financing & Proliferation Financing 4 marks
Focuses on the solicitation and collection of funds for terrorism, distinguishing it from general ML.
- • TF vs ML: TF focuses on the destination (use), ML on the source (origin).
- • UN Convention 1999 (Criminalises provision/collection).
- • UNSCR 1267: Sanctions against Al-Qaida, Taliban, ISIL.
- • E-money CDD thresholds: €150 storage / €150 reload.
- • Fund Transfer Regs: Require name, address/DOB, account number/unique ID.
Module 4: Bribery, Corruption & Tax Evasion 6 marks
Deep dive into the UK Bribery Act 2010, US FCPA, and different types of corrupt practice.
- • UK Bribery Act S1 (Bribing), S2 (Being Bribed), S6 (FPO), S7 (Failure to Prevent).
- • Section 7 is 'Strict Liability'.
- • 6 Principles of Prevention (MOJ): Proportionate, Top-level, Risk, Due Diligence, Communication, Monitoring.
- • FCPA: Covers only ACTIVE bribery (giving), allows 'Facilitation Payments' whereas UK Act DOES NOT.
Module 5: Fraud, Market Abuse & Insider Dealing 4 marks
Analysis of the Fraud Act 2006, Market Abuse Regulation (MAR), and international standards like SOX.
- • Fraud Act S2 (False representation), S3 (Failure to disclose), S4 (Abuse of position).
- • Dishonesty + Intent to gain/cause loss = Fraud (No actual loss needed).
- • MAR: Insider dealing, Unlawful disclosure, Market manipulation, Spoofing.
- • Sarbanes-Oxley (SOX) 2002: US Rules-based response to Enron/WorldCom.
- • Volcker Rule: Limits banks to 3% Tier 1 capital in private equity/hedge funds.
Module 6: Tax Evasion & Financial Sanctions 4 marks
Distinction between evasion and avoidance, FATCA (US), and the Criminal Finances Act 2017.
- • Tax Evasion (Illegal) vs Avoidance (Legal but aggressive).
- • FATCA: US Law requiring global reporting of US persons' assets.
- • Criminal Finances Act 2017: Corporate strict liability for failing to prevent facilitation of tax evasion.
- • Common Reporting Standard (CRS): OECD standard for automatic exchange of info.
Module 7: Financial Crime Risk Management & CDD 4 marks
Listing processes, screening technologies, and the consequences of designation.
- • Two core prohibitions of an Asset Freeze: Dealing with funds AND making funds available.
- • Fuzzy Logic: Used in screening to catch misspellings/anagrams.
- • OFSI (UK), OFAC (US), EU, UN lists.
- • Breach Penalties: Up to £1m or 50% of funds; max 7 years prison.
- • Economic Crime Act 2022: UK can implement UN sanctions without delay.
Module 8: Reporting, Governance & Record Keeping 13 marks
The highest-weighted exam section (13 marks). Practical application of CDD, 3 Lines of Defence, and governance.
- • 3 Lines of Defence: 1. Front Office, 2. Compliance/Risk, 3. Internal Audit.
- • CDD: Identify, Verify, Purpose of relationship.
- • EDD (Enhanced Due Diligence): Required for PEPs, High-Risk countries, Correspondent banking.
- • Correspondent Banking: Vostro/Nostro accounts, NO SHELL BANKS allowed.
- • PEPs: Remains a PEP for at least 12 months after leaving office.
- • Record Keeping: 5 years from end of relationship or transaction.
CISI Combating Financial Crime
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Course Features
Student Reviews
Verified purchases from actual professionals preparing for their CISI exams.
Recent Reviews
Excellent financial sanctions coverage
"Module 7 on sanctions screening was weak in my workbook but the flashcards here covered OFSI, OFAC, and fuzzy logic screening perfectly."
Would recommend to any compliance officer
"I work in trade finance and needed this for my CPD. The sanctions and CDD modules were directly relevant to my daily work."
AML knowledge solidified
"The suspicious activity report scenarios are very realistic. I now feel confident identifying red flags in my daily compliance work."
Great AML study tool
"Comprehensive coverage of money laundering typologies and the regulatory framework. The scenario-based questions were particularly useful for exam preparation."
Terrorist financing distinctions made clear
"The key difference between TF and ML — destination vs source — is a common exam question. The flashcards hammered this in perfectly."
The MLR 2017 content was invaluable
"Struggled with the amendments to the Money Laundering Regulations. The summaries broke down the key changes clearly — beneficial ownership, CDD thresholds, and occasional transactions."
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