The minimum content for this training is effectively prescribed in the Money Laundering Regulations and covers:

• The Primary and Secondary Laws relating to money laundering prevention
• Examples of regulatory enforcement: The role of The FSA 
• What is money laundering? 
• Offences and penalties 
• Requirements of the legislation 
• Client Due Diligence and the risk based  Know Your Client obligation 
• Awareness and training 
• The role of the MLRO 
• Suspicion reporting 
• Best practice: The New JMLSG Guidance Notes and FATF
• Record keeping