Combating Money Laundering & Other Financial Crimes Course.

Course Preamble.
Nowadays, money laundering is gaining both national and international attention. Therefore, the pressure is increasing on institutions to comply with the money laundering regulations and take effective steps to combat money laundering. This course aims to provide skills to combat money laundering to both public and private sector officials in a better, quicker and more efficient way by making them familiar with many of the laws and regulations now enhanced to deter money laundering. It will give a holistic overview of money laundering standards and issues, including various processes of money laundering, and impact of money laundering on national and international development.
The Advanced Certification in combating Money Laundering and other financial crimes equips the delegates with
the following hands on skills;
 Thorough understanding of money laundering – what it means, how it is practiced, and what sort of
criminal activity can lie behind it
 An awareness of developing money laundering typologies and techniques
 An awareness of the vulnerabilities of specific financial services and products to money
 Laundering and terrorist financing
 A thorough understanding of international strategies to prevent money laundering
 An understanding of how to ensure full compliance with domestic Anti Money
 Laundering (AML)/Counter Financing of Terrorism (CTF) legislation
 The ability to recognize, evaluate and handle suspicious transactions and relationships
 The ability to design and implement an effective system of control for AML/Anti Terrorist
 Financing (ATF) – sometimes referred to as Combating Terrorist Financing or Financing of
Terrorism (CTF/CFT) – within a financial services business
 The ability to risk-profile clients
 The ability to communicate confidently with law enforcement agencies
 The ability to educate and train staff
 The ability to generate essential management information for use in the evaluation and risk profiling of
financial services, products and clients, and
 The ability to influence positively the compliance culture of an organization.