The Foundations track equips you with the vocabulary, legal instruments, and mental models required to see illicit financial flows for what they are: a series of intentional, patterned decisions to disguise the origin, ownership and destination of value. Nothing here is optional for later levels.
Modules
Vocabulary, typologies and the IFF landscape
Establishes the working vocabulary; money laundering, IFF, aggressive tax planning, tax evasion, corruption proceeds, and situates each within the global financial system.
KYC, CDD and reading the red flags
How financial institutions and Designated Non-Financial Businesses and Professions (DNFBPs) are meant to identify their customers and detect suspicious behaviour, and where the process fails.
The global AML architecture: FATF, FSRBs and mutual evaluations
Maps the institutional scaffolding of global AML/CFT, FATF's standard-setting role, the FSRB network, the mutual evaluation cycle and the ICRG listing process — using South Africa's 2023 greylisting and 2025 delisting as the organising case.
Predicate offences, tax crime and the proceeds-of-crime chain
Traces the legal architecture connecting an underlying crime to the money that flows from it, from the FATF designated categories and self-laundering through serious tax crime, tracing doctrine and civil forfeiture, to the evidential chain a prosecutor must build.