Enhanced Due Diligence: Regulatory Guidance and Application

About this course

This CPD-accredited course, approved by the CPD Standards Board, provides financial services professionals with a comprehensive and practical guide to money muling, combining regulatory expectations with real-world application. It is designed to equip learners with the knowledge and skills needed to detect, prevent, and respond to money mule activity within UK financial services.The course covers the full lifecycle of money muling risk, including definitions and mule typologies, common recruitment techniques, and the behavioural and technological red flags that indicate mule activity. Learners are guided through real enforcement cases and industry statistics, highlighting how control weaknesses can allow mule activity to go undetected and the regulatory consequences that follow.Through practical examples and case studies, learners gain insight into regulatory expectations, compliance responsibilities, and the design of effective preventive, detective, and corrective controls. Emerging trends, such as crypto-based muling, instant payments exploitation, AI-driven recruitment, and targeting of gig-economy workers, are explored to ensure learners are prepared for evolving risks.To reinforce learning, each section includes a knowledge check, allowing learners to test their understanding and apply concepts in realistic scenarios. The course concludes with an interactive AI role-play assessment, where learners act as a compliance analyst engaging directly with a customer to assess suspected mule activity, applying judgement, communication skills, and regulatory best practice.By the end of this course, learners will be able to identify money mule typologies, recognise recruitment methods and red flags, apply appropriate compliance responses, and support investigations and reporting in line with regulatory e