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Policy, Supervision & Academia

Policy adviser / supervisor / researcher

For readers whose output is a reform, an inspection framework or a thesis rather than a case. Runs the architecture and effectiveness material first, then samples the operational modules deeply enough to keep policy honest about what practitioners can do.

9 modules · 29 lessons · 114 credits · ~17 h reading · 9 case studies

The sequence

  1. 01
    IFF501 · Foundations · 12 credits · ~2 h

    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.

    Definitional discipline: most bad IFF statistics start with a category error.

    Case: The Wolfsberg Bakery: a placement primer
  2. 02
    IFF503 · Foundations · 15 credits · ~2 h

    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.

    FATF, FSRBs and the mutual evaluation machinery you will be assessed by.

    Case: Tracing an evaluation finding to a national remediation commitment
  3. 03
    IFF718 · Mastery · 12 credits · ~2 h

    Programme design, metrics, and institutional integrity

    Designing the analytics function of a revenue authority or FIU, risk-scoring and its failure modes, data protection limits after the CJEU BO-register rulings, measuring effectiveness against FATF's 11 Immediate Outcomes, greylisting dynamics, corruption of the enforcement function itself, and whistleblower protection.

    Programme design, metrics and institutional integrity — the policy core.

    Case: South Africa: from 2023 grey-listing to 2025 delisting
  4. 04
    IFF611 · Integration · 12 credits · ~2 h

    Transfer pricing and profit shifting

    How multinational groups move profit out of the jurisdiction where value is created, intra-group services, IP migration, thin capitalisation, commodity mispricing — and how a revenue authority builds and defends a transfer-pricing adjustment.

    Profit shifting: the largest measurable component of IFF for most developing states.

    Case: The copper concentrate marketing hub
  5. 05
    IFF614 · Integration · 12 credits · ~2 h

    Public procurement, corruption proceeds and state capture

    Examines how bid rigging, kickback structures and shell subcontractors convert public procurement into a laundering vector, and how the Zondo Commission record shows integration proceeding through professional intermediaries at state-owned enterprises. Equips investigators to trace captured procurement networks from tender document to beneficial owner.

    State capture as a governance failure, not merely a criminal one.

    Case: The captured locomotive tender
  6. 06
    IFF605 · Layering · 15 credits · ~2 h

    Shell companies, nominees and the corporate veil

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

    Beneficial-ownership reform is unintelligible without the structures it targets.

    Case: Reconstructing the Sierra Holdings chain
  7. 07
    IFF717 · Mastery · 12 credits · ~2 h

    Asset recovery, confiscation and return

    The full recovery pipeline from tracing to restraint to confiscation and return — non-conviction-based confiscation, UNCAC Chapter V, the StAR Initiative, the EU's 2024 asset-recovery Directive, Swiss and UK restitution practice, GFAR return principles, and the politics that stall repatriation.

    Asset return: the diplomatic and legal frame around repatriation.

    Case: The Abacha billions: two decades from freeze to (partial) return
  8. 08
    IFF716 · Mastery · 12 credits · ~2 h

    Cross-border cooperation and evidence

    How intelligence, information and evidence actually move between states; MLAT practice, Egmont FIU exchange, exchange of information on request versus CRS/CARF automatic exchange, joint audits, and how to draft a request that gets answered.

    Cooperation instruments and why they underperform in practice.

    Case: The eighteen-month gap: a transnational bribery case stalled on evidence
  9. 09
    IFF612 · Integration · 12 credits · ~1 h · optional

    Aggressive accounting and financial statement manipulation

    Reading a set of financial statements adversarially: revenue recognition abuse, related-party opacity, off-balance-sheet structures, impairment games, and the diagnostic ratios that flag manipulation before an auditor or regulator does.

    Audit-quality and reporting reform, seen through two collapses.

    Case: The Steinhoff-Wirecard comparative teaching file