Who Should Attend:

• Branch Managers
• Relationship Managers
• Bank Staff – Middle & Senior Management

Course Objectives

What will you gain?

• Identify suspicious transactions and to apply the compliance procedures for reporting such cases
• Understand the basics of money laundering and terrorism combating
• Recognise and comprehend the economic impacts of money laundering and finance fraud on global safety and international development
• Gain complete knowledge on the Regulations, Stages and Techniques of Anti Money Laundering.

Course Content

• Defining Money Laundering
• What is Money Laundering
• The Money Laundering Process
• Placement    Layering  Integration
• The Modern Theory
• The Environment of Money Laundry
• Damages caused by Money Laundry
• Economic-Social-Political
• International Efforts to Combat Money Laundering
• International Bodies Fighting Money Laundering
• FATF   UNITED NATIONS  WOLFSBURG GROUP
• The Role of the Central Bank
• The Principles of KYC (Know Your Customer)
• The Risk of Not Applying KYC
• Elements of KYC
• Suspected Transactions
• Indicators of Suspicious Transactions
• Indicators of Week Systems and Laws
• General Indicators
• Teller Transactions Indicators
• Bank Accounts Indicators
• Transfer Indicators
• Customers Indicators
• Employees Indicators
• Notifying of Suspicious Transactions
• Bank Obligations and Duties
• Case Studies.