← All levels
L-02

Layering

Shell companies, offshore, and the corporate veil.

The Layering track dissects the specific corporate, legal and banking instruments used to obscure the audit trail: shell and shelf companies, nominee directors, trust structures, tax havens, jurisdictional arbitrage and the mechanics of correspondent banking. You will learn to reconstruct hidden ownership from fragmentary registry data.

Modules

M1

Shell companies, nominees and the corporate veil

How anonymous corporate structures are built, why they are so effective, and how to pierce them.

4 lessons1 case study10-question quiz2 essay prompts
M2

Correspondent banking and wire chains

Dissects the plumbing of cross-border payments; nostro/vostro relationships, nested correspondents, message-field forensics and the 2025 revisions to payment transparency, and shows how de-risking has reshaped African corridors.

3 lessons1 case study8-question quiz3 essay prompts
M3

Crypto and virtual-assets layering

Covers VASP obligations, mixers and chain-hopping, cross-chain bridges and stablecoin rails, the travel rule's uneven global rollout, MiCA, CARF/DAC8, and the evidential strengths and limits of on-chain tracing.

3 lessons1 case study8-question quiz3 essay prompts
M4

Professional intermediaries and layering logistics

Examines the gatekeeper professions that design and operate layering schemes, trust and company service providers, nominee networks, and law-firm client accounts; the legal-privilege boundary carved out by the CJEU, and how layering is actually project-managed as a service.

3 lessons1 case study8-question quiz3 essay prompts
M5

Cash, informal value transfer and mobile money

Examines the cash-heavy end of laundering typologies most familiar to Southern and East African practitioners — front businesses, hawala settlement, mobile-money agent networks and bulk cash smuggling. Builds the investigative techniques needed where the paper trail is thin and the value trail is mostly physical or informal.

4 lessons1 case study10-question quiz4 essay prompts