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CERTIFIED ONLINE TRAINING

Managing Tax Evasion Risks under the Criminal Finances Act 2017 – eBook Course

Also available with an Enterprise Licence

Course Overview

Governments are now aggressively taking steps to identify tax noncompliance, and firms are being increasingly scrutinised and challenged to ensure that they manage and mitigate the risks of facilitating tax evasion.

Firms are required to have in place appropriate systems and controls to manage and mitigate the risks relating to the actions of employees and associates arising from tax evasion.

Learn more about personal and corporate responsibilities and what ‘reasonable’ procedures mean as advised under the Six Guiding Principles.

Course Structure

  • Online and on demand
  • Core modules include:
    • Introduction
    • Laws and Regulations
    • Managing the Risks
    • Reporting Your Concerns at Work

Course Summary

Course Level
Introduction
Availability
Now
Online Presentation
eBook Course
Purchase with an Enterprise Licence
More Details

£35 – Purchase
individually

Buy Now

Who Is This For?

  • All regulated employees.
  • Customer service and relationship managers.
  • Customer due diligence employees who onboard clients.
  • Financial crime professionals.

Learning Outcomes

By the end of the programme, you will be able to:

  • Explain the difference between tax evasion and tax avoidance, and when conduct is criminal.

  • List the key requirements under the Criminal Finances Act 2017 (“the ACT”) and how this applies to your company.
  • Confirm your personal responsibility to avoid any criminal facilitation of criminal tax evasion and report any knowledge or suspicion concerning this criminal conduct.
  • Identify unusual transactions and customer behaviours that may indicate criminal tax evasion in your workplace.
  • Outline how your company has taken steps to manage and mitigate the risk of tax evasion, including the importance of customer due diligence and knowing your customer.
  • Demonstrate how to report your concerns using internal suspicion activity reporting or whistle-blowing procedures.

Subjects Covered

What will I learn?

  • Global tax regulation
  • UK Criminal Finances Act 2017
  • Tax crimes
  • Six Pillars of Compliance
  • How criminals operate
  • SARS
  • Whistleblowing
  • CDD

Delivery Formats

The course is made up of an interactive eBook followed by a final assessment.