The QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness is an entry-level qualification designed to introduce learners to the fundamental principles of fraud prevention and anti-money laundering (AML) practices. This accessible and career-oriented course provides a solid foundation for individuals with little or no prior experience in compliance, finance, or risk management.
In today’s fast-paced financial and digital world, fraud and money laundering are among the most pressing global threats facing organisations. Businesses across all sectors — especially banking, retail, finance, and legal services — are required to comply with increasingly strict regulatory standards to protect themselves and their customers from financial crime. The QualCert Level 1 Diploma has been developed to help individuals understand these basic legal obligations and the importance of maintaining ethical business conduct.
This diploma covers the essential topics such as the definition and types of fraud, how money laundering works, why AML regulations exist, and the roles and responsibilities of staff in recognising and reporting suspicious activities. It introduces learners to global regulatory frameworks like the Financial Action Task Force (FATF) recommendations and helps them understand simple compliance measures such as Know Your Customer (KYC) and Customer Due Diligence (CDD).
The QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness is particularly suited for school leavers, new employees, support staff, and individuals exploring careers in finance, business, or public services. It also benefits organisations looking to train junior employees to recognise basic compliance responsibilities and contribute to a low-risk, fraud-aware work environment.
This course is a practical first step for learners who want to build a long-term career in AML compliance, financial crime prevention, or corporate risk management. It also serves as a pathway to higher qualifications, such as the Level 2 and Level 3 Diplomas in Fraud Management & AML Awareness.
Whether you’re a beginner aiming to enter a regulated industry or a young professional seeking to improve workplace readiness, the QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness offers a valuable introduction to one of the most vital areas of modern business and governance.
QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness
The QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness offers 30 Credits, requiring a Total Qualification Time (TQT) of 180 hours, including 120 Guided Learning Hours (GLH).
| Unit Ref# | Unit Title | Credit | GLH | TQT |
| QC06092-1 | Introduction to Financial Fraud | 5 | 20 | 30 |
| QC06092-2 | Basics of Anti-Money Laundering (AML) | 5 | 20 | 30 |
| QC06092-3 | Corporate Misconduct and Fraud Types | 5 | 20 | 30 |
| QC06092-4 | Reporting Suspicious Activity and Procedures | 5 | 20 | 30 |
| QC06092-5 | Understanding Regulatory Responsibilities | 5 | 20 | 30 |
| QC06092-6 | Fundamental Fraud Prevention Techniques | 5 | 20 | 30 |
GLH (Guided Learning Hours) and TQT (Total Qualification Time) are terms commonly used in vocational qualifications to help define the amount of time a learner is expected to spend on their studies.
1. GLH (Guided Learning Hours)
GLH refers to the number of hours a learner spends being directly taught, supervised, or supported during their course. This includes the time spent in activities such as:
- Classroom instruction
- Practical workshops
- One-on-one tutoring or mentoring sessions
- Online learning sessions with tutor support
In other words, GLH represents the time that learners are actively engaged with their instructors or learning activities.
2. TQT (Total Qualification Time)
TQT represents the total amount of time a learner is expected to invest in completing a qualification, including:
- GLH (Guided Learning Hours): Time spent on direct learning, as explained above.
- Self-Directed Learning: This includes time spent on independent study, research, assignment completion, preparation for exams, and any other work the learner does outside of direct teaching hours.
TQT is a broader measure that includes all the time required to achieve the qualification. It helps learners and employers understand the overall commitment required for the qualification.
Key Differences Between GLH and TQT:
- GLH focuses on direct learning with guidance or supervision.
- TQT includes GLH as well as independent study time and other learning-related activities.
Example:
If a qualification has a TQT of 600 hours and a GLH of 250 hours, it means the learner should spend 250 hours in direct learning (classroom, online, or tutor-led sessions) and 350 hours on independent study or research.
Learning Outcomes of QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness:
- Introduction to Financial Fraud
- Define financial fraud and recognize its common forms and impacts on organizations and individuals.
- Identify typical fraud schemes and understand the motivations behind fraudulent activities.
- Basics of Anti-Money Laundering (AML)
- Explain the fundamental concepts of anti-money laundering and its importance in the financial sector.
- Understand the stages of money laundering and the basic legal frameworks governing AML.
- Corporate Misconduct and Fraud Types
- Distinguish between various types of corporate misconduct and fraud within business environments.
- Analyze the risks associated with internal and external fraud in organizations.
- Reporting Suspicious Activity and Procedures
- Recognize indicators of suspicious activities and know how to properly report them.
- Understand the internal and external reporting procedures including regulatory obligations.
- Understanding Regulatory Responsibilities
- Comprehend the role of regulatory bodies in enforcing fraud prevention and AML compliance.
- Identify key regulations and laws related to fraud management and anti-money laundering.
- Fundamental Fraud Prevention Techniques
- Apply basic fraud prevention strategies and internal controls to reduce risks.
- Promote awareness and ethical behavior to support organizational anti-fraud culture.
The QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness provides learners with a valuable introduction to the fundamental concepts of fraud prevention and anti-money laundering (AML). This course is ideal for beginners, school leavers, and individuals working in entry-level roles who want to gain a clear understanding of how financial crime impacts businesses and how to support compliance and ethical practices in the workplace.
Here are the key benefits of this course in detail:
1. Introduces Core Concepts of Fraud and AML
This diploma helps learners understand what fraud and money laundering are, why they occur, and how they affect businesses and economies. It covers the basic definitions, real-world examples, and common red flags, giving learners the foundational knowledge needed to begin working in or around regulated environments.
2. Suitable for Absolute Beginners
No prior experience or knowledge is required. This course is designed to be accessible to learners who are new to compliance, finance, or law. It breaks down complex concepts into clear, easy-to-understand lessons—making it ideal for students, job seekers, and junior employees.
3. Supports Entry into Regulated Sectors
By gaining awareness of fraud and AML issues, learners improve their employability in sectors such as:
- Banking and financial services
- Retail and e-commerce
- Insurance
- Real estate
- Legal services
- Government and public administration
Employers in these industries value staff who understand basic risk and compliance principles.
4. Helps Recognise and Report Suspicious Activity
The course teaches how to identify common signs of fraudulent behaviour or money laundering and introduces the basics of internal reporting procedures. This helps learners become more responsible employees who can contribute to a safer, more compliant workplace.
5. Builds a Foundation for Future Qualifications
This Level 1 diploma is the first step on a progression pathway. Learners who complete this course can confidently move on to more advanced qualifications such as:
- QualCert Level 2 Diploma in Fraud Management & AML Awareness
- QualCert Level 3 Diploma in Fraud Management & AML Compliance
- Specialist certifications in compliance, risk, or financial crime
6. Improves Awareness of Legal and Ethical Responsibilities
Learners will understand the importance of acting with integrity and following regulations in the workplace. This ethical awareness is essential in roles involving handling payments, client data, or financial documents.
7. Enhances Professionalism and Workplace Readiness
This diploma helps learners become more aware of their role in supporting company policies and procedures. They’ll learn how to follow instructions, complete basic compliance tasks, and communicate effectively—skills that are valuable in any job setting.
8. Flexible and Accessible Learning
Many training providers offer this course through online, part-time, or blended formats. This allows learners to study at their own pace, making it suitable for school leavers, part-time workers, or those balancing other responsibilities.
9. Adds Value to Employers
Organisations that train their staff in fraud awareness and AML compliance reduce their risk of financial losses, legal penalties, and reputational damage. Employers benefit from having entry-level staff who understand the basics of compliance and can act accordingly.
10. Globally Relevant Knowledge
The course is aligned with basic international principles such as FATF recommendations and standard AML practices. This makes it useful for learners in both local and international job markets.
Summary of Key Benefits:
- Basic understanding of fraud and money laundering
- No experience or qualifications required
- Increases job readiness for regulated sectors
- Supports ethical workplace conduct
- Helps spot and report suspicious activity
- Clear progression route to higher-level courses
- Enhances employability and communication skills
- Flexible learning options for all types of learners
- Valuable for individuals and businesses alike
- Recognised entry point to the financial crime prevention field
The QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness is more than just a course—it’s a stepping stone to a professional future rooted in compliance, integrity, and responsible business practice.
The QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness is designed for individuals who are at the very beginning of their career journey, or who are new to the concepts of financial crime prevention, regulatory compliance, and ethical business practices. This course provides the essential knowledge and awareness required to understand how fraud and money laundering occur, and what responsibilities individuals may have in preventing them.
1. School Leavers and Young Learners
This course is a perfect fit for recent school leavers or students who are considering a future career in finance, business, administration, law, or the public sector. It provides a clear and simple introduction to real-world issues such as financial crime and ethical conduct in the workplace.
Ideal for:
- Students completing secondary education (age 16+)
- Individuals seeking their first job in a regulated or professional setting
- Young people wanting to improve their workplace awareness and employability
2. Job Seekers and Entry-Level Workers
People who are new to the workforce and applying for roles in customer service, administration, retail, finance, or security benefit from understanding how to recognise suspicious activity and follow workplace rules. This course helps learners build confidence and stand out in the job market.
Ideal for:
- Individuals seeking entry-level positions
- Jobseekers applying to banks, retail chains, or government services
- Frontline staff who handle payments, ID checks, or customer data
3. Junior Employees in Regulated Industries
For those already employed in regulated sectors such as banking, insurance, law, or finance, this course enhances their understanding of internal compliance procedures, company policies, and risk awareness. It ensures they are prepared to act responsibly in their day-to-day duties.
Ideal for:
- Support staff in finance or legal departments
- Retail workers handling financial transactions
- Assistants in firms offering financial or property services
4. Career Starters in Compliance or Finance
This course is suitable for anyone exploring careers in fraud prevention, AML compliance, or financial governance. It serves as a stepping stone for further study or apprenticeships in these fast-growing and high-demand fields.
Ideal for:
- Individuals considering careers in AML, fraud detection, or auditing
- Learners preparing to take Level 2 or Level 3 diplomas
- Those interested in law enforcement or public regulatory work
5. Adult Learners and Career Changers
Mature learners looking to reskill or change careers can use this course as a practical and manageable way to enter the field of compliance and financial crime awareness. It requires no prior experience and supports learners of all ages.
Ideal for:
- Adults re-entering the workforce
- Career changers with no prior knowledge of fraud or AML
- Learners looking for basic, industry-relevant training to begin a new path
6. International Students and ESL Learners
This course is accessible for learners whose first language is not English, and who may need a simple and structured introduction to UK or international fraud and AML practices. It introduces key terms and procedures commonly used across the global finance and business sectors.
Ideal for:
- International learners preparing for UK-based employment
- ESL (English as a Second Language) students aiming to enter regulated industries
- Overseas workers supporting compliance-related functions
7. Employees of Small Businesses or Local Enterprises
Staff working in small or local companies often take on multiple responsibilities, including handling cash, managing invoices, or interacting with clients. This course ensures they understand how to act ethically and responsibly to prevent financial crime.
Ideal for:
- Small business employees handling financial processes
- Office assistants and bookkeepers
- Staff in travel agencies, legal offices, or accountancy firms
Summary – Who Should Enrol?
The QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness is ideal for individuals who:
- Are new to the concepts of fraud, AML, and compliance
- Have no prior experience or qualifications
- Are seeking to build foundational workplace knowledge
- Wish to begin a career in finance, legal, or business sectors
- Want to improve their employability and ethical awareness
- Are preparing for further training or apprenticeships in compliance-related fields
This diploma is a practical and supportive learning experience for learners of all ages and backgrounds. It prepares them to contribute positively in the workplace and offers a gateway into one of today’s most essential areas of professional development.
Entry Requirements
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Qualification Process
Qualification Process for the QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness
- Self-Assessment:
Begin by evaluating your eligibility to ensure you meet the qualification requirements, including work experience, knowledge, and language proficiency. - Registration:
Complete your registration by submitting the required documents, including a scanned copy of a valid ID, and paying the registration fee. - Induction:
An assessor will conduct an induction to confirm your eligibility for the course and explain the evidence requirements. If you do not meet the criteria, your registration will be canceled, and the fee will be refunded. - Assignmnets & Evidence Submission:
Provide all assignmnets and the necessary evidence based on the assessment criteria outlined in the course. If you are unsure of the required evidence, consult with the assessor for guidance on the type and nature of evidence needed. - Feedback and Revision:
The assessor will review your submitted evidence and provide feedback. Evidence that meets the criteria will be marked as “Criteria Met,” while any gaps will be identified. You will be asked to revise and resubmit if needed. - Competence Evidence:
Submit final evidence demonstrating that all learning outcomes have been met. This evidence will be marked as “Criteria Met” by the assessor once it is satisfactory. - Internal Quality Assurance (IQA):
The Internal Quality Assurance Verifier (IQA) will review your evidence to ensure consistency, quality, and compliance with standards. - External Verification:
The IQA will submit your portfolio to QualCert External Quality Assurance Verifiers (EQA) for final confirmation. The EQA may contact you directly to verify the authenticity of your evidence. - Certification:
Upon successful completion of all checks, QualCert will issue your official certificate, confirming that you have attained the QualCert Level 1 Diploma in Fraud Management & Anti-Money Laundering Awareness.
