MONEY LAUNDERING CONTROL - University of Johannesburg
MONEY LAUNDERING CONTROL - University of Johannesburg
MONEY LAUNDERING CONTROL - University of Johannesburg
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>MONEY</strong> <strong>LAUNDERING</strong>Money laundering is one <strong>of</strong> the mostserious financial <strong>of</strong>fences that can becommitted under South African law.Penalties range up to R1 billion and lifeimprisonment. These <strong>of</strong>fences can becommitted negligently by businesses aswell as their managers and employeeswho fail to comply with their dutiesunder the anti-laundering legislation.In practice, it is <strong>of</strong>ten challengingto interpret the law correctly and toensure that the business is compliant.The environment has been made evenmore challenging by the adoption <strong>of</strong>related legislation regarding corruptionand financing <strong>of</strong> terrorism. Thisprogramme was developed to enablestudents to form an understanding <strong>of</strong>the law and the practical implications<strong>of</strong> money laundering control in aninternational and a national context.THE PROGRAMMEIn 2000 the Centre for the Study <strong>of</strong>Economic Crime at RAU took theinitiative to develop one <strong>of</strong> the firstuniversity programmes in moneylaundering control internationally.Following the establishment <strong>of</strong> the<strong>University</strong> <strong>of</strong> <strong>Johannesburg</strong> on 1January 2005, this programme wascontinued by the new university. Morethan 1 500 senior regulators, compliance<strong>of</strong>ficers, investigators andprosecutors in Southern Africa havealready completed this programme. Ithas also developed into a core module<strong>of</strong> the <strong>University</strong>’s PostgraduateDiploma in Compliance.PROGRAMME FORMATAND DURATIONThe programme in Money LaunderingControl is presented from January toJune. Contact tuition is compressedinto a three-day programme (24-26January, from 08:00-16:00) at theAuckland Park Kingsway Campus <strong>of</strong> the<strong>University</strong> <strong>of</strong> <strong>Johannesburg</strong>. Studentswill submit assignments and write afinal examination in June.NB: Attendance <strong>of</strong> the three-dayworkshop is compulsory.WHO SHOULD ATTEND?The programme is <strong>of</strong> particular benefitto regulators, supervisors, compliance<strong>of</strong>ficers, investigators and prosecutors<strong>of</strong> economic crime, risk managers,company secretaries, internal andexternal auditors, attorneys, bankers,brokers, estate agents and casinooperators.ADMISSIONThe programme is presented at apostgraduate level. Applicants shouldtherefore hold a degree or equivalentassessed tertiary qualification on NQFLevel 6.NB: Foreign applicants should contactthe Faculty for relevant legislativerequirements.ASSESSMENT AND OUTCOMEAn examination is written at the end <strong>of</strong>the programme. Students may sit forthe examination in a number <strong>of</strong> differentlocations in South and Southern Africa.FEES 20121. Administration fees(non-refundable)Only new applications R350,00ICT levy*R650,00Registration*R550,002. Tuition fee R8 480,00* 2012 fees to be confirmedForeign students pay an internationallevy <strong>of</strong> R750*.Tuition fees include access to the<strong>University</strong>’s library, copies <strong>of</strong> therelevant study material and the
Change language