Overview
Managing financial crime risk in trade finance is not an easy thing to do. Yet the understanding of regulatory requirements related to trade-based money laundering and recent developments and other aspects of financial crime has never been more important. Keeping up with risk mitigation is an ongoing challenge with new technology being a significant enabler to financial crime.
All financial services stakeholders have a part to play in managing this destructive force. And your role is crucial in helping your organisation to better manage trade-based money laundering and to be compliant with rules and regulations. The programme you are about to study will enable you to increase your knowledge and understanding of these complex areas and you will develop skills in working with clients and your colleagues and what to look for in terms of risk identification to enable you to support your firm.
This workshop is highly interactive, and you will be working through a complex case study complete with supporting artefacts, reflective of real-life scenarios.
Who is this course suitable for?
- Relationship Managers
- Sales Support Teams
- Front-line Teams
- Teams working in Customer Onboarding Teams
- Transaction Monitoring Teams
- Compliance Teams
What you will learn
- Understand the regulatory requirements related to TBML and recent developments
- Be able to understand the financial crime risks relating to trade financing and able to view trade transaction holistically (AML/CFT, sanctions and compliance)
- Distinguish different trade-based money laundering typologies and recognise associated risk indicators
- Understand the relevant risk mitigation controls
- Recognise the importance of staying curious to identify red flags and potential unusual activity
Download course syllabus
What is the commitment involved?
- Completion of pre-read prior to attending the workshop
- Attendance at 1-day workshop
How is the programme assessed?
- One-hour online exam (multiple choice questions) and we recommend you attempt this after attending the workshop
- One free exam resit
What does it cost?
$1,550 + GST
This course is eligible for Financial Training Scheme (FTS) funding. Find out more about funding eligibility here.
Can the course be taught in-house?
If you have a training requirement for more than 15 employees, why not contact us to discuss delivering the training in-house at your firm? It’s the ideal way to maximise your budget, minimise disruption and tailor content to your specific needs.
Call our dedicated in-house training team at +65 6500 0010 or email clientservicesapac@int-comp.org.
Any Questions?
Check out our Frequently Asked Questions (FAQs)
Call +65 6500 0010 or email enquiries@int-comp.org for further information.
Chat with us via Whatsapp @ +65 8660 5808 or Telegram @icaAPAC