Introduction:
This course will encompass case studies and group interaction delivered in classroom format. This course will focus on current and evolving threats to the Global Financial Community. The training program will study and investigate The Global Money Laundering Situation, through examination of Enhanced Due Diligence matters, Trade Based Money Laundering, Proliferation Finance and Methodologies, Money Laundering Methods and Sanctions/CFT cases and theory.
This training course will highlight:
- The need to establish a clearer understanding of AML/Financial Crime measures utilized by the regulated sector as well as understand the offences committed by criminal entities.
- The need to increase the efficiency and effectiveness of staff capability in detection and reporting on financial crime and money laundering.
- Raise awareness and develop confidence in staff investigation ability on CDD and EDD risks.
- We will create a greater awareness of threats and methods in all facets of Financial Crime and Money laundering.
- The Course will help to create a hostile environment for criminals to operate through more diligent examination of intelligence and data.
Objectives:
At the end of this Course, you will learn to:
- Develop and improve on existing skills to detect, deter and disrupt all types of financial crime.
- Understand the requirement to increase and improve the efficiency and effectiveness of staff capability reporting on financial crime and money laundering.
- Apply yourself in a team-based setting to analysis and investigate cases and scenarios of Organized Crime and Money Laundering activity
- Attendees will achieve a greater awareness of threats and methods in all facets of Financial Crime and Money laundering
- Be able to apply the investigation techniques and knowledge of AML/CFT and Financial Crime in the workplace with greater confidence
Course Outline:
DAY 1
- The requirements for good CDD/EDD
- The Global effort to combat Money Laundering and Financial Crime
- Recognize the techniques of Money Laundering through
DAY 2
- A review of current Global Sanctions and Sanctioned entities
- Trafficking case studies and exercise
DAY 3
- Conduct a review and assessment of HNWI and PEP entities
- Create a SAR based on your assessment and analysis of the OCN exercise
DAY 4
- In depth exercise components on Organized Crime ML Typologies
- Trafficking: Methodologies, The Impact on Victims
DAY 5
- Financial Intelligence in relation to CFT
- Fraud Methodologies and Fraud Prevention