Master Award in
Law and Financial Crimes
Master Award could transfer 20 credits and full tuition fees to Master’s programs by SIMI Swiss.
Master Award in Law and Financial Crimes
The aim of this award is to enable learners to understand legal compliance requirements in financial services and markets in relation to fraud, corruption, money laundering, terrorism, and theft laws. Learners will also be introduced to current theories and legal practices in the law of financial crimes and learn about statutory frameworks, financial services regulations and capital market, fraud and theft act, and criminal law regulations.
Could transfer 20 credits and full tuition fee to the Master of International Business Law of SIMI Swiss.
Learning Outcomes:
1. Understand UK financial crime provision relating to insider dealing and market abuse.
- 1.1 Analyse civil offence according to the Financial Services and Markets Act 2000.
- 1.2 Identify sources of law on insider dealing.
- 1.3 Evaluate the statutory frameworks and EC context on dealing with insider dealing and market abuse.
- 1.4 Analyse the general offences of financial crimes under Financial Services and Markets Act 2000, Fraud Act 2006 and Theft Act 1968.
- 1.5 Compare and contrast how market abuse regulations and regulators act against insider dealing and related financial frauds
2. Understand the impact of money laundering regulations on businesses and its international dimensions.
- 2.1 Analyse the purpose of money laundering regulations.
- 2.2 Evaluate the international dimensions of money laundering regulations.
- 2.3 Analyse the background of the UK Proceeds of Crime Act 2002 and explain offences under its provisions.
- 2.4 Evaluate the consequences of money laundering on society.
3. Understand the regulation and commercial policy issues relating to white collar crimes.
- 3.1 Analyse the historic development of white-collar crime and the role in statutory law in dealing with this.
- 3.2 Evaluate the role of criminal law in supporting prosecution of white-collar crime.
- 3.3 Critically analyse civil remedies in the context of white-collar crimes.
- 3.4 Analyse the defenses available and to what extent these need to be developed further.
4. Understand the development of global financial crime and the international initiatives in regulating this area.
- 4.1 Compare and contrast historic and economic general provisions of law on: money laundering, terrorist financing, corruption.
- 4.2 Analyse the EC Market Abuse Directive to control market manipulation and abusive practices
- 4.3 Evaluate the reporting requirements and the impact this has on global financial crime.
- 4.4 Evaluate the role of criminal law in supporting financial regulations in the United Kingdom.
- 4.5 Critically analyse the international role in developing mechanisms to regulate global financial crime.
Topics:
- Financial Services and Markets Act 2000,
- Fraud Act 2006
- Theft Act 1968.
- Nature and characteristics of Financial Crimes
- Corporate scandals
- Role of SFO and FCA
- LIBOR
- Mis-selling
- The misuse and abuse of the corporate form
- Case Studies: Northern Rock, Tesco, HBOS
- Financial Services and Markets Act on insider dealing
- Whistleblowing and reporting mechanisms
- Money Laundering regulations
- Money Laundering Methods
- SOCPA
- Placement/Layering/Integration
- Proceeds of Crime Act 2002 – offences under its provisions
- Society implications
- What is white collar crime?
- Development of statutory law in combating white collar crime – complexities
- Specialist juries
- Cybercrime
- Whistleblowing
- Risks
- Organisations – what responsibilities do they have?
- Remedies in white collar crime
- Civil and criminal penalties
- Defences available
- Understanding the responsibility placed on organisations to identify interactions
- Money Laundering
- Terrorist financing
- Corruption
- EC Market Abuse Directive
- Criminal law in supporting financial regulations in the UK
- Civil recovery
- Reporting mechanisms
- Financial Action Task Force
- Cybercrime and recent developments
- Foreign Exchange Scandal
- International Conventions
- Reporting mechanisms and analysis
- International initiatives and the future
Indicative reading list
- RIDER, B. A. K. (2015). Research handbook on international financial crime. 4000 words
- SOUSTER, R. (2013). Financial crime and money laundering. Cranbrook, Kent, Global Professional Publishing
Website Links:
- Financial Services and Markets Act 2000
- Money Laundering Regulations 2007
- The Proceeds of Crime Act 2002
- The Terrorism Act 2000
- Fraud Act 2006
- Theft Act 1968
- EC Market Abuse Directive
- Office for National Statistics – Crime and Justice
Entry requirements
To enroll The Master Award, the learner must possess:
- Graduated with a Bachelor’s degree from an accredited university or achieved a Level 6 Diploma according to the European Qualifications
- For a degree from non-recognized universities; The learner should have followed Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) policy of SIMI and/or University Partners.
- Learners must be over 21 years old.
The SIMI Swiss reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, University Partners shall not be accepted.
English requirements
If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.
- Common European Framework of Reference (CEFR) level B2 or equivalent
- Or A minimum TOEFL score of 101 or IELTS 6.5; Reading and Writing must be at 6.5 or equivalent
After graduating with Master Award, students receive all certified documents from the SIMI Swiss.
Certified Documents:
- e-Certificate from the Swiss Information and Management Institute (SIMI Swiss).
- Hard copy certificate from the Swiss Information and Management Institute (SIMI Swiss) – Optional.
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from SIMI Swiss for credit and tuition fee transfer.
Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a SIMI degree or university partner degree, students can convert all credits and the full paid tuition fee when participating in the program University Partners.
The SIMI Swiss’ Master Award means:
SIMI Swiss Master Award is the award at the master level and is equivalent to:
- Level 7 certificate of Regulated Qualification Framework (RQF) of UK
- Level 10 certificate of Scottish Credit and Qualifications Framework (SCQF)
- Level 7 certificate of Credit and Qualifications Framework (CQFW)
- Level 7 certificate of European Qualifications Framework (EQF)
- Level 9 certificates of the Australian Qualifications Framework (AQF)
- Level 7 certificate of ASEAN Qualifications Reference Framework (AQRF)
- Level 9 certificate of the African Continental Qualifications Framework (ACQF)
Students can convert all credits and the full tuition fee when participating in the SIMI Swiss and/or University Partners academic programs if they want to study for an academic degree.
Credits transfer:
Learners can accumulate 20 credits from the Master Award program when participating in the Master of International Business Law program. Please see the credit transfer policy HERE
Tuition fee transfer:
When participating in the Master of International Business Law program, students who have graduated 1 Master Award will receive a discount of full tuition fee which you paid. Please see the tuition fee transfer HERE
The SIMI Swiss micro-credential program allows for the transfer of credits and tuition fees into full degree programs from SIMI Swiss and/or its university partners. SIMI Swiss reserves the right to limit admissions once the number of students exceeds the quotas.
Apply Policy:
- To participate in the SIMI Swiss micro-credential program, students need to meet the entry criteria corresponding to each level. Please see the “Entry” tab for more details.
- SIMI Swiss will not accept applicants if their entry qualifications are from diploma mill universities or schools/universities that are not accredited.
- For Master Award programs, if an entry bachelor is unavailable, students must demonstrate a minimum of 5 years of work experience in the relevant field. Please note that a bachelor’s degree is required for the Master’s program at SIMI Swiss and University Partners so that you could study Master Award but could not move to the Master’s program of SIMI and University Partners.
- English is not a mandatory entry requirement for short course programs, but candidates need to ensure that English is used in reading documents, listening to lectures, and doing assignments. Candidates should note that English is a mandatory requirement when switching to an academic program at SIMI Swiss and University Partners.
Apply Process:
- Choose the program that suits your requirements. Note that applicants without a university degree will not be able to participate in the program at Master’s level, and applicants without a Master’s degree will not be able to participate in the program at the Doctoral level.
- Email your application to support@simiswiss.ch with all the required documents. You could download the application form here.
- Our admission department will contact you and guide you through further processes if the registration documents need to be supplemented.
- SIMI Swiss will issue the Letter of Acceptant (LOA). You wil proceed to the next steps according to the instructions and pay tuition fee.
- SIMI Swiss will issue a student confirmation letter, login account to the e-learning system and related documents.
- You have become an official SIMI Swiss student and enjoy your study journey.
The SIMI Swiss micro-credential program is fully online, allowing you to study anytime, anywhere. You have the option to attend live classes with SIMI Swiss. The final exam will be uploaded to the system and evaluated by the academic panel of SIMI Swiss. Students must submit assignments on time; failure to do so will result in the student being considered to have discontinued the program.
Pricing Plans
Take advantage of one of our non-profit professional certified programs with favorable terms for your personal growing carreers.
- Live Class (Option)
- Full online videos
- e-Books
- Self study contents
- Online tutor videos
- Assignment guide
- e-Certificate
- Hard copy certificate
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from University Partners for credit and tuition fee transfer
- Accreditation & Recognition certified from University Partners
- Deliver hard copy certificate and all certified documents to your home
- Transfer full credits & tuition fees to equivalent academic programs
- Get more support tuition fees and scholarships when becoming University Partners' international students
- (*) In the event that you receive a scholarship or discount, the fee you should transfer is the amount you actually paid.
SWISS MICRO CREDENTIAL
Contact us
If you interested this micro credential course, please feel free to contact with us! Please note that this program is a not for profit and learning with full online model.