Law and Financial Crimes | OTHM Level 7 International Business Law Assignment 2026
OTHM Level 7 Diploma in International Business Law
Law and Financial Crimes
Unit Aims
The aim of this unit 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.
Learning Outcomes and Assessment Criteria
Task 1 of 4
Unit Learning Outcome: LO 1 Understand UK financial crime provision relating to insider dealing and market abuse.
Task Assessment Criteria to be covered: 1.1, 1.2, 1.3, 1.4, 1.5
Assignment Brief and Guidance
Produce a report which considers the extent to which market abuse regulations prevent the abuse of markets.
You must ensure the report:
- analyses civil offence according to the Financial Services and Markets Act 2000.
- identifies sources of law on insider dealing.
- includes an assessment of the statutory frameworks and EC context on dealing with insider dealing and market abuse.
- analyses the general offences of financial crimes under Financial Services and Markets Act 2000, Fraud Act 2006 and Theft Act 1968.
- compares and contrasts how the market abuse regulations and regulators act against insider dealing and related financial frauds.
Learners must:
- Show knowledge and understanding of the subject area
- Provide references to relevant case law and or legislation wherever appropriate.
- Be able to support answers and show evidence of wider reading appropriately
Delivery and Submission
The submission is in the form of a report written in Word format.
The recommended word limit is 1000 words excluding diagrams, references, and appendices.
Learners are expected to adhere to the word count. A 10% leeway either side of this range is permitted before the assessor is instructed to stop reading any further.
Referencing
You should use and cite a range of case law, academic and reliable sources.
A comprehensive Harvard style reference list must be included at the end of the work.
Task 2 of 4
Unit Learning Outcome: LO 2 Understand the money laundering regulations on businesses and its international dimensions.
Task Assessment Criteria to be covered: 2.1, 2.2, 2.3, 2.4
Assignment Brief and Guidance
Produce a report which reviews the effectiveness of the Proceeds of Crime Act 2002 and the Serious Organised Crime and Police Act 2005 as anti-money laundering measures.
You must ensure the report:
- analyses the purpose of money laundering regulations.
- evaluates the international dimensions of money laundering regulations.
- analyses the background of the UK Proceeds of Crime Act 2002 and explain offences under its provisions.
- evaluates the consequences of money laundering on society.
You must include recent case law in your report.
Learners must:
- Show knowledge and understanding of the subject area
- Provide references to relevant case law and or legislation wherever appropriate.
- Be able to support answers and show evidence of wider reading appropriately
Delivery and Submission
The submission is in the form of a report written in Word format.
The recommended word limit is 1000 words excluding diagrams, references, and appendices.
Learners are expected to adhere to the word count. A 10% leeway either side of this range is permitted before the assessor is instructed to stop reading any further.
Referencing
You should use and cite a range of case law, academic and reliable sources.
A comprehensive Harvard style reference list must be included at the end of the work.
Task 3 of 4
Unit Learning Outcome: LO 3 Understand the regulation and commercial policy issues relating to white collar crimes.
Task Assessment Criteria to be covered: 3.1, 3.2, 3.3, 3.4
Assignment Brief and Guidance
Civil law has played an important part in supporting criminal law to combat white collar crime.
Produce a report which uses case law to highlight how civil remedies have evolved to combat white collar crime.
You must ensure the report:
- analyses the historic development of white-collar crime and the role in statutory law in dealing with this.
- evaluates the role of criminal law in supporting prosecution of white-collar crime.
- critically analyses civil remedies the context of white-collar crimes.
- analyses the defenses available and to what extent these need to be developed further.
You will need to investigate a minimum of two legal cases as part of your research in order to provide a full response to this task.
Learners must:
- Show knowledge and understanding of the subject area
- Provide references to relevant case law and or legislation wherever appropriate.
- Be able to support answers and show evidence of wider reading appropriately
Delivery and Submission
The submission is in the form of a report written in Word format.
The recommended word limit is 1000 words excluding diagrams, references, and appendices.
Learners are expected to adhere to the word count. A 10% leeway either side of this range is permitted before the assessor is instructed to stop reading any further.
Referencing
You should use and cite a range of case law, academic and reliable sources.
A comprehensive Harvard style reference list must be included at the end of the work.
Task 4 of 4
Unit Learning Outcome: LO 4 Understand the development of global financial crime and the international initiatives in regulating this area.
Task Assessment Criteria to be covered: 4.1, 4.2, 4.3, 4.4, 4.5
Assignment Brief and Guidance
Produce a report which discusses the development of global financial crime and the international initiatives which are in place to regulate global financial crime.
As part of your conclusion you must suggest, with justification, one future international initiative which could be used to combat global financial crime.
You must ensure the report:
- compares and contrasts historic and economic general provisions of law on:
- money laundering
- terrorist financing
- corruption
- analyses the EC Market Abuse Directive to control market manipulation and abusive practices.
- evaluates the reporting requirements and the impact this has on global financial crime.
- evaluates the role of criminal law in supporting financial regulations in the United Kingdom.
- critically analyses the international role in developing mechanisms to regulate global financial crime.
Learners must:
- Show knowledge and understanding of the subject area
- Provide references to relevant case law and or legislation wherever appropriate.
- Be able to support answers and show evidence of wider reading appropriately
Delivery and Submission
The submission is in the form of a report written in Word format.
The recommended word limit is 1000 words excluding diagrams, references, and appendices.
Learners are expected to adhere to the word count. A 10% leeway either side of this range is permitted before the assessor is instructed to stop reading any further.
Referencing
You should use and cite a range of case law, academic and reliable sources.
A comprehensive Harvard style reference list must be included at the end of the work