| CODE | CRL1017 | ||||||||
| TITLE | A Practical Approach to Anti-Money Laundering Legislation | ||||||||
| UM LEVEL | 01 - Year 1 in Modular Undergraduate Course | ||||||||
| MQF LEVEL | 5 | ||||||||
| ECTS CREDITS | 4 | ||||||||
| DEPARTMENT | Criminal Law | ||||||||
| DESCRIPTION | This study-unit will start from scratch, from the most basic definitions including what is money laundering and what is the rationale behind AML legislation. The discussion will then move on to the relevant legislation, in particular the criminal offences linked with money laundering, their elements, the requirements of a valid prosecution, freezing orders and their validity or otherwise, and related issues. Attention will also be given to the actual penalties to be inflicted against guilty persons, including confiscation of criminally obtained assets. Relevant court judgements (including judgements delivered by the Constitutional Court) and their implications, will be given particular attention. Study-unit Aims: The aims are for the student: - To learn, from scratch, in simple, understandable terms, what anti-money laundering is and how it is regulated; - To learn how this area of law is evolving, especially through court judgments; - To have opportunity to discuss practical issues and difficulties they encounter at work, and also to discuss and ask about matters they come across while doing their own reading and research. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: - Recall and reproduce the general underlying principles of anti-money laundering legislation; - quote the salient court judgments and literature on the subject of anti-money laundering. 2. Skills: By the end of the study-unit the student will be able to: - Research and write about anti-money laundering; - Analyze and explain court judgments and literary works by experts in the field; - Interpret the relevant legislation in a knowledgeable manner; - Examine scenarios they encounter at their places of work. and apply their knowledge in practice. Main Text/s and any supplementary readings: Various legislation, and court judgments (all available online). 'Compliance with the AML/CFT International Standard: Lessons from a Cross-Country Analysis' (IMF Working Paper) Concepcion Verdigo Yepes (available online). 'Financial Intelligence Units: An Overview' (International Monetary Fund Publication 福利在线免费) Paul Gleason & Glenn Gottselig (Editors) (available online). 'Towards a European Criminal Law System' (Kite) Dr Stefano Filletti. |
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| STUDY-UNIT TYPE | Lecture and Independent Study | ||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Gary Cauchi Tiziana Filletti |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
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