Trade-Based Money Laundering (Online)

This training workshop gives close insight into money laundering activities related to trade – whether domestic or international. It highlights not only the sectors and products that are vulnerable to TBML, but also the main techniques used to perpetrate Money Laundering. A basic understanding of the international trade finance system is also provided.

•  Trade-Based Money Laundering (TBML) Risk Indicators
  
•  Economic sectors and products vulnerable to TBML activity
  
•  Common trade-based money laundering techniques
  
•  Assessment of current trade-based money laundering risks

AML awareness is universal and is relevant for every person, corporate, and government department. This is especially so if you work in any of the following functions:

•  Accounts payable
  
•  Accounts receivable
  
•  Contracting
  
•  Compliance
  
•  Risk management
  
•  Managers with responsibilities for internal AML controls.
  
•  Internal and External Audit Staff.
  
•  Lawyers and Support Staff.
  
•  Company secretaries

Upon completion of this training workshop, you will be able:

• To judge the adequacy of TBML risk indictors.
  
• To compare the economic sectors and products subject to TBML.
  
• To evaluate the common techniques used in TBML.