Financial Crime: Risk for Banks

The fight against financial crime is becoming more difficult in both the public and commercial sectors. The goal of the course is to increase proficiency in preventing financial crime


  • Acquire skills and knowledge in the financial crime field.
  • Validate his or her skills and earn an objective, verifiable credential of competence
  • Advance their careers and give them an advanced level of professional skill.
  • Manage organizational responsibilities
  • Financial crime prevention employees
  • Fraud employees
  • All individuals engaged in financial services and who aspire to a career in financial crime or fraud prevention

 

  • Definition and Nature of Financial Crime
  • Financial Crime Methods and Vehicles
  • Use of Technology in Financial Crime

 

  • The Financial Action Task Force
  • Money Laundering methods and stages
  • Indicators of Money Laundering
  • Role of Third-Party Entities
  • Terrorist Financing

 

  • Nature and types of Frauds
  • Loan Frauds
  • Internal Frauds
  • Red Flags
  • Detection and Reporting

  • Worldview on corruption
  • Forms and methods of corruption
  • Anti-Corruption Organisations
  • Legal framework to Combat corruption

 

  • World trade and money movement
  • Wire Transfers
  • Hawala Transactions
  • Indicators of TBML

  • AML Compliance
  • OFAC
  • Sanctions Compliance
  • Monitoring and Reporting (STR)
  • Beneficial owners
  • KYC and KYE

 

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