Anti-Money Laundering and Anti-Terrorism Online and Classroom Course

This training course introduces the anti-money laundering and anti-terrorism programs. Case studies and simulation exercises will illustrate the discussed points.

Learning Objectives:

At the end of this session, participants will be able to:

• Define money laundering and terrorism financing,
• Identify sources of laundered money,
• Discuss money laundering cycle;
• Identify agents of money laundering and terrorism finance
• Apply various methods of preventing money laundering and terrorism financing.

Course Outline

• Legal framework and anti-money laundering players
• Regulatory requirements
• European directives
• COMOFI provisions
• Criminal law provisions
• Anti-money laundering players :
• At the global scale : Financial Action Task Force on Money Laundering
• Organization and TRACFIN mechanisms
• Other players
• Anti-laundering operations - declaration of suspicion
• Bodies subjected to the declaration of suspicion
• Operations subjected to the declaration of suspicion
• Information mentioned in the declaration of suspicion
• Transmission to the TRACFIN and legal guarantees
• Implementation stages and most common techniques of capital laundering
• The laundering process
• Investment
• Stacking-up (aka concealment)
• Integration (aka conversion)
• Review of several techniques that can be simply detected :
• Intervention of a Politically Exposed Figure (PEF)
• Cash remittances or withdrawals with no economic justification
• Agents using multiple bank accounts
• Advanced laundering operations : pass-through entities and offshore structures
• Using pass-through-entities
• Using offshore financial structures
• Other specific techniques : using the art market and the real estate market

Course Booking

Please use the "Book Now" or "Inquire" buttons on this page to reserve your space or request for more information