Table of Contents
Course Introduction:
The course aims to teach preventive measures in combating money laundering.
Who should attend:
- Managers and Financial Investigators in all organisations
- Internal Auditors in Public and Private Sectors
- Bank Operation Managers/staff
- Risk Management staff
- Financial control staff
- Financial Investigators
- Government staff who need to understand the impact of Money Laundering on Financial Issues and Policies
The Course Will Cover:
Module 1:
- Anti-Money Laundering Legislations
- Latest Techniques used by Launderers
- Impact of money Laundering on World Economy
- Regulatory Frameworks
- Staff Responsibilities
- Financial Fraud-methods and detection
- Building National Integrity systems
- Overview of Money Laundering, High Risk Products and Services
Module 2:
- International perspective
- The Role of the F.A.T.F. (Financial Action Task Force).
- Definition of the Three Stages of Money Laundering – Placement, Layering and Integration
- The Importance of Prevention at each stage
- Investigating and producing an Audit trail
- Vulnerabilities relating to instruments products and services offered by Banks used as Vehicles for laundering money
- Monitoring transactions
- Testing the quality of suspicious transactions reports
- The Concept of Risk Management and the effect of money laundering risk to the Financial system
- Enactment of sound policies, procedures and monitoring tools to detect and deter money Laundering
- Exchange of experiences between participants
Course Information:
| LOCATION | DATE |
|---|---|
| Dubai/London | 02 – 06 May |
| London | 04 – 08 July |
| London | 05 – 09 Sept |
| Dubai | 31 Oct – 04 Nov |
| Dubai | 12 – 16 Dec |
