CERTIFIED PROFESSIONAL IN TRADE BASED MONEY LAUNDERING

NAME OF THE COURSE
TRADE BASED MONEY LAUNDERING
 
CERTIFICATION
CERTIFIED PROFESSIONAL IN TRADE BASED MONEY LAUNDERING
 
COURSE OVERVIEW
The Trade-Based Money Laundering (TBML) e-learning course has especially been designed by subject matter experts to provide banking professionals with an overview of Trade-based Money Laundering risks. A basic technique used in trade for laundering money is misinvoicing. This is done by undervaluing imports or overvaluing exports to bring money into a country and the reverse to get money out). The CA Certificate of Completion in Trade-Based Money Laundering & Terrorist Financing (TBML) provides you with an opportunity to look at the AML and CTF models used to address the risks within the international trade environment. The course will also investigate some of the practical issues faced, where breaching money laundering requirements can cost hundreds of millions of dollars.
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TRAINING DURATION
Total Training Hours : 22 Hours
Training Duration      : 1 Week
Total Training  Days  : 4-5 Working Days
 
TRAINING SCHEDULE
Weekdays (Sunday to Thursday)
Regular Sessions : 4 – 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included
Weekends (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
 
CERTIFICATION
Globally recognized certificate from “Kings Global Career Academy”
 
TEST
No
 
LEARNING AIDS
Yes
 
COURSE MATERIAL
Hard & Soft Copies of Study Material
 
LANGUAGE OF INSTRUCTION
English
 
INSTRUCTOR HELPLINE
Yes
1. Email
2. Social Media (For Emergency requirements)
 
REGISTRATION REQUIREMENTS
1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
 
MODE OF PAYMENT
Cash / Cheque / Credit Card / Bank Transfer.
 
ELIGIBILITY
  • Financial industry practitioners with 2-3 years experience who are keen to enhance their existing expertise by learning about another distinct sphere
  • Financial industry officers and managers within the international trade environment who wish to certify their knowledge
  • Operational staff, working specifically within the international trade environment, who need to understand the inherent risks they face
  • Regulators or Consultants working within the international trade space
  • MLROs, Compliance Managers, Risk Managers, CDD Managers with 2-3 years of experience
  • Anyone with an interest in trade-based money laundering
 
COURSE BENEFITS
  • Understand the International threats related to Trade-Based Money Laundering and Terrorist Financing
  • Understand Government and Regulatory expectations in relation to Trade-Based Money Laundering and Terrorist Financing
  • Identify and conduct a risk assessment related to Trade-Based Money Laundering and Terrorist Financing
  • Identify practical prevention and detection techniques to Trade-Based Money Laundering and Terrorist Financing
  • Consider and apply appropriate actions when Trade-Based Money Laundering and Terrorist Financing does occur
  • Consider the appropriate policies, procedures (systems and controls) applicable to their organisation.
 
COURSE CONTENTS
 
What is Trade-Based Money Laundering & Terrorist Financing?
 
  • The international dimension of Trade-Based Money Laundering and Terrorist Financing
  • What are the Government and Regulatory expectation?
  • Examples of Trade-Based Money Laundering and Terrorist Financing and good practice/poor practice
  • Where is there guidance available to assist?
  • What are the challenges to preventing, detecting and investigating Trade-Based Money Laundering and errorist Financing?
  • Prevention
 
Trade-Based Money Laundering & Terrorist Financing – a ‘risk assessment’ of products, geography, customers, segments
 
  • The role of Due Diligence in the TBML/TF process – who is the customer, KYCC, connected parties
  • Consideration of Money Laundering/Trade Finance in product development
  • Relationship of Trade-Based Money Laundering and Terrorist Financing with Fraud
  • Detection and Investigation
  • Monitoring – red flags, “eyeballing” of documents, automation (pre/post-transaction)
 
Recording and Management of ‘suspicious activity’
 
  • Evidence gathering
  • Internal Investigations
  • Hotlines and whistle-blowing
  • Specific Case study
  • Policies and Procedures (systems and controls)
  • Key notes
  • Roles and Responsibilities
  • Training and Awareness
  • Assurance/Governance 

 

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