ANTI MONEY LAUNDERING SYSTEM:
Anti Money Laundering System
Chair of Financial Law and Financial Science
Anti Money Laundering System
Study: Civil Law - 9. semester
Commercial Law - 9. semester
Constitutional-Administrative - 9. semester
Criminal Law - 9. semester
International Law - 9. semester
The European Union Law - 9. semester
Code: 84048
ECTS: 4.0
Course coordinators: izv. prof. dr. sc. Sonja Cindori
Exam dates:
  • 27. 01. 2020.
  • 10. 02. 2020.
  • 20. 04. 2020.
  • 01. 06. 2020.
  • 15. 06. 2020.
  • 29. 06. 2020.
  • 31. 08. 2020.
  • 14. 09. 2020.
Exam registration: Studomat
Basic data
Anti Money Laundering System Civil Law - 9. semester
Commercial Law - 9. semester
Constitutional-Administrative - 9. semester
Criminal Law - 9. semester
International Law - 9. semester
The European Union Law - 9. semester
4.0 84048
Lecturer in charge Consultations Location
izv. prof. dr. sc. Sonja Cindori

Wednesday, 10 - 11

Ćirilometodska 4, room 48
Literature
Sonja Cindori; Sustav sprječavanja pranja novca; Pravni fakultet: Zagreb (2010)
Zakon o sprječavanju pranja novca;
Description
The historical development of money
Concept and definition of money laundering
Money laundering phases
Money laundering methods and techniques
Money laundering typologies
Money laundering and organized crime
Exam dates
27. 01. 2020.
10. 02. 2020.
20. 04. 2020.
01. 06. 2020.
15. 06. 2020.
29. 06. 2020.
31. 08. 2020.
14. 09. 2020.
Detailed data
Cognitive Skills:

Knowledge and understanding

After successfully completing the course, students will be able to:

- describe the development and differences of the attitude towards specific roles of obligated persons who implement measures for the prevention of money laundering and terrorist financing;

- define basic concepts of money laundering and terrorist financing;

- recognise similarities and differences in defining prevention measures on horizontal and vertical levels;

- name prevention mechanisms on the national and international level;

- discuss the significance of risk assessment system:

- express a critical opinion about the efficiency of models of the organisation of financial- intelligence units.

Application

After successfully completing the course, students will be able to:

- summarise themost important determinants of the risk assessment system;

- express a critical opinion about the role of individual groups of obligated persons;

- understand and distinguish between basic values of prevention of money laundering and system for prevention of terrorist financing;

- discuss advantages and disadvantages of the measures of in-depth analysis of the party;

- connect and compare the development and revision of FATF.

Analysis

After successfully completing the course, students will be able to:

- compare the development of system of prevention on the national and international level;

- distinguisj the role of the body for assessment of the efficiency of national prevention systems;

- indicate shortcomings of defining the concept of sham transactions;

- analyse models for financing terrorism;

- distinguish between the crime of money laundering from predicate offences

Synthesis

After successfully completing the course, students will be able to:

- formulate basic determinants and significance of the prevention system;

- prepare an overview of individual prevention measures with regard to objects and subjects of their implementation;

- critically relate to the modality of application of the risk assessment system in national limits;

- connect and emphasise connections between prevention of money laundering and porevention of terrorist financing;

- conclude about the significance of changing modalities of prevention on the international level.

Evaluation

After successfully completing the course, students will be able to:

- create and propose new connections between advancement of technology, money laundering modalities and terrorist financing with current measures for their prevention;

- evaluate the existing results of freezing accounts;

- conclude about the efficiency of models of organisation of financial-intelligence units,

- assess the significance and efficiency of prevention measures and their influence on the actions of obligated persons.

Practical and Generic Skills:

After successfully completing the course, students will be able to:

- demonstrate and apply acquiredknowledge in writing and in practical independent or team work;

- write a paper containing the description and explanationn of concepts and definitions of the prevention system;

- creatively use and assess acquired knowledge and skills;

- express themselves with argumented facts and categorise potential doubts.

Matching Assessments to Learning Outcomes:

- learning outcomes from all groups will be tested by oral examinations

- grading criteria: asking five to eight questions within which theoretical knolwledge and connecting the subject matter related to money laundering and modalities of financing terriorism is tested.