During this third module, the recent changes in North American and European legislation regarding financial crime will be set out, and the implications for corporates and senior executives will be explained. The module then focusses on three specific types of investigations that corporates and financial service companies will need to carry out. Students will be shown how to investigate corporate ownership structures to uncover the ultimate beneficial owners; they will learn how to investigate the family and associate structures of Politically Exposed Persons (PEPs); and finally, how to conduct an enhanced due diligence investigation that meets with current corporate needs. As financial institutions are now required to monitor PEPs and higher risk clients on an ongoing basis, and can no-longer rely solely on third-party systems, we will introduce students to a couple of key commercial real-time monitoring platforms and will explain how to put together a real-time monitoring system. Finally, for financial institutions and asset managers, a key issue that often needs to be resolved is tracking an individual’s "sources of wealth"; we will guide students through this process.