Join the Association of Governance, Risk and Compliance for an essential webinar examining the critical threat that money mules pose to financial institutions and the broader economy.

This session will provide compliance professionals, risk managers, and anti-financial crime specialists with comprehensive insights into one of the most prevalent facilitation methods used in modern money laundering schemes.

What You’ll Learn

• Understanding Money Mules: The Fundamentals – What money mules are, why they represent a significant vulnerability in the financial system, and how they serve as crucial intermediaries in layering illicit funds.
• Recruitment Tactics and Victim Profiles – How criminal networks recruit money mules through job advertisements, romance scams, and social media manipulation, and who typically becomes involved, from students to financially vulnerable individuals.
• Operational Methods and Typologies – How money mule networks operate, typical transaction patterns, and various typologies from simple transfers to complex multi-jurisdictional chains.
• The UK and EU Regulatory Landscape – Current regulatory frameworks, guidance from the FCA, NCA, and Europol, recent enforcement actions, and cross-border coordination efforts.
• Detection and Prevention Strategies – Red flag indicators, transaction monitoring best practices, customer due diligence enhancements, and the role of technology and information sharing in disrupting networks.
• Institutional Responsibilities and Risk Management – Regulatory obligations, staff training requirements, customer education, reporting duties, and balancing risk management with customer relationships.

This webinar is designed for compliance officers, MLROs, risk managers, fraud prevention specialists, and anyone responsible for anti-money laundering controls within financial services organisations.

Register now to secure your place.

Speakers

Natalie Detsik | Advisor on AML/KYC, Terrorism Financing, Fraud, Sanctions, Bribery & Corruption, Tax Evasion, Screening, Transaction Monitoring, Risk Analysis, Audits | Speaker | Trainer | Author | Mentor | Board Member

Paul Munson | Chief Compliance Officer & MLRO | Wallester