Preventing, Detecting and Investigating Financial Crime Training Course

Primary tabs

Duration Duration

14 hours (usually 2 days including breaks)

Overview Overview

Audience

The course should be attended by staff handling all financial transactions, particularly the receipt and transfer of client funds and should include Managers and staff in:

  • Operational and Processing areas
  • Financial and Product Control
  • Sales, Marketing and Business Development
  • Treasury and Risk Management
  • Audit, Internal Control and Compliance
  • …as well as all Senior / Middle Management concerned about Financial Crime

Format of the course

A combination of:

  • Facilitated Discussions
  • Slide Presentations
  • Case Studies Examples

By the end of the course, delegates will be able to:

  • Understand the latest legislative and regulatory developments, at the national and international levels, on Financial Crime
  • Assess the impact of these developments on a bank’s strategy, regulatory-risk management, and client relations
  • Recognise “red flags” for new, rapidly changing, and forms of Financial Crime – and be able to react to them
  • Devise appropriate risk controls, compliance strategies, and early-detection mechanisms.

Course Outline Course Outline

Understanding Money Laundering

  • What is Money Laundering?
  • Why does the international community need to combat Money Laundering?
  • The Criminalisation of Money Laundering – and how more crimes are now interpreted as Money Laundering
  • The expansion of Money Laundering: from drugs to corruption to terrorism

The Stages of Money Laundering

  • Types of products and services used by Money Launderers
  • Money Laundering techniques explained:
    • Placement
    • Layering
    • Integration

The International Community’s response to Money Laundering post-9/11

  • Combating Terrorist Financing (CTF)
  • OFAC: the Office of Foreign Assets Control – which has global reach
  • The US Patriot Act – which also has global reach
  • International Sanctions

Compliance with Anti-Money Laundering Legislation

  • The International Anti-Money Laundering Effort
  • The Financial Action Task Force (FATF):
    • FATF’s membership categories
    • FATF’s 40 Recommendations on Money Laundering
    • FATF’s guidance on CTF
  • UK Regulations and Legislation and how they have become the template for many countries’ legislation
  • The Problem of Offshore Finance and Tax Havens

Individual Banks’ / Companies’ Compliance Strategies

  • Internal Controls, Procedures and Policies
  • Arrangements required to combat Money Laundering
  • Compliance Monitoring
  • Cooperation with the Authorities and the Regulators
  • “Know Your Customer” Rules
  • Identification and Verification (ID&V)
  • Impact on Strategy, Client Relations and Human Resources

Recognising and Reporting Suspicious Transactions

  • Statutory Obligations
  • Internal reporting of suspicious transactions
  • External reporting procedures
  • Record-keeping
  • Document retention
  • Document retrieval

Money Laundering Detection Techniques

  • Prevention, Detection and Due Diligence
  • “Red Flags” on client transactions
  • Suspicious transactions
  • Early-Warning Mechanisms

Financial Intelligence

  • Profiling a company’s clients
  • Using the information companies have about their clients to try to predict who might be involved in Financial Crime

Bribery & Corruption

  • What are Bribery & Corruption?
  • The UK’s Bribery & Corruption Act 2010
    • N.B Although this is a piece of UK legislation its impact is truly global: it “catches” all UK companies’ overseas offices and all UK nationals working for companies outside the UK
  • Its offences and protections

Dealing with Financial Fraud

  • Recognising those clients most likely to become involved in Fraud
  • Recognising Types of Fraud
  • Detection, Red Flags and Early-Warning Mechanisms

Major Fraud Types

  • Payment Fraud
  • Plastic Card Fraud
  • International Trade Fraud – especially in Documentary Letters of Credit
  • Prime Bank Instrument Fraud and Ghost Money
  • …and, of course, fraud that is perpetrated by bank staff: Internal Fraud

Other Financial Crimes

  • Identity Theft and “Phishing”

Bookings, Prices and Enquiries

Guaranteed to run even with a single delegate!
Public Classroom Public Classroom
From 3542PLN
(75)
Public Classroom
Participants from multiple organisations. Topics usually cannot be customised
Private Classroom
Participants are from one organisation only. No external participants are allowed. Usually customised to a specific group, course topics are agreed between the client and the trainer.
Private Remote
The instructor and the participants are in two different physical locations and communicate via the Internet. More Information

The more delegates, the greater the savings per delegate. Table reflects price per delegate and is used for illustration purposes only, actual prices may differ.

Number of Delegates Public Classroom Private Remote
1 3542PLN 10370PLN
2 2866PLN 6280PLN
3 2641PLN 4917PLN
4 2528PLN 4235PLN
Cannot find a suitable date? Choose Your Course Date >>
Too expensive? Suggest your price

Related Categories

Related Courses


Upcoming Courses

VenueCourse DateCourse Price [Remote / Classroom]
Gliwice ul. Karola Marksa 11 Wed, 2017-06-07 09:0010370PLN / 3842PLN
Katowice ul. Opolska 22Wed, 2017-06-07 09:0010370PLN / 3842PLN
Olsztyn, ul. Kajki 3/1Wed, 2017-06-07 09:0010370PLN / 3642PLN
Opole, Wladyslawa Reymonta 29Tue, 2017-06-13 09:0010370PLN / 4042PLN
Bielsko-Biała, Al. Armii Krajowej 220Thu, 2017-06-15 09:0010370PLN / 3842PLN

Course Discounts

Course Venue Course Date Course Price [Remote / Classroom]
Six thinking hats by Edward de Bono Gdańsk, ul. Powstańców Warszawskich 45 Thu, 2017-05-25 09:00 5148PLN / 1726PLN
Facebook in advertising and marketing Poznan, Garbary 100/63 Fri, 2017-05-26 09:00 1881PLN / 952PLN
Python Programming Szczecin, ul. Sienna 9 Mon, 2017-05-29 09:00 10000PLN / 4448PLN
Facebook in advertising and marketing Lublin, ul. Spadochroniarzy 9 Fri, 2017-06-02 09:00 1881PLN / 1002PLN
Oracle 11g - Programming with PL / SQL I - Workshops Wroclaw, ul.Ludwika Rydygiera 2a/22 Tue, 2017-06-06 09:00 5990PLN / 2939PLN
MongoDB for Administrators Kraków, ul. Rzemieślnicza 1 Tue, 2017-06-06 09:00 3861PLN / 2087PLN
Adobe Photoshop Elements Gdynia, ul. Ejsmonda 2 Wed, 2017-06-07 09:00 1881PLN / 1127PLN
Microsoft Office Excel - moduł Business Intelligence Gdynia, ul. Ejsmonda 2 Wed, 2017-06-07 09:00 2673PLN / 1391PLN
Adobe Photoshop Elements Gdańsk, ul. Powstańców Warszawskich 45 Wed, 2017-06-07 09:00 1881PLN / 1127PLN
Adobe InDesign Poznan, Garbary 100/63 Thu, 2017-06-08 09:00 1881PLN / 1027PLN
Design Patterns in C# Poznan, Garbary 100/63 Thu, 2017-06-08 09:00 3861PLN / 1830PLN
SQL Fundamentals Gdańsk, ul. Powstańców Warszawskich 45 Thu, 2017-06-08 09:00 3663PLN / 1610PLN
Visual Basic for Applications (VBA) in Excel - Introduction to programming Gdynia, ul. Ejsmonda 2 Mon, 2017-06-12 09:00 3564PLN / 1891PLN
DTP (InDesign, Photoshop, Illustrator, Acrobat) Opole, Wladyslawa Reymonta 29 Mon, 2017-06-12 09:00 5940PLN / 4230PLN
Visual Basic for Applications (VBA) in Excel - Advanced Warszawa, ul. Złota 3/11 Mon, 2017-06-12 09:00 3069PLN / 1623PLN
Spring and Hibernate in Java Applications Poznan, Garbary 100/63 Tue, 2017-06-13 09:00 7722PLN / 3358PLN
Drools Rules Administration Wroclaw, ul.Ludwika Rydygiera 2a/22 Wed, 2017-06-14 09:00 21196PLN / 7023PLN
Front End Developer Rzeszów, Plac Wolności 13 Mon, 2017-06-19 09:00 23000PLN / 7970PLN
Build applications with Oracle Application Express (APEX) Katowice ul. Opolska 22 Mon, 2017-06-19 09:00 9801PLN / 4720PLN
Creating and managing Web sites Poznan, Garbary 100/63 Mon, 2017-06-19 09:00 5841PLN / 2298PLN
Introduction to Selenium Warszawa, ul. Złota 3/11 Thu, 2017-06-22 09:00 1871PLN / 824PLN
Javascript And Ajax Rzeszów, Plac Wolności 13 Mon, 2017-06-26 09:00 5841PLN / 3655PLN
Introduction to Programming Gdańsk, ul. Powstańców Warszawskich 45 Mon, 2017-06-26 09:00 5742PLN / 4121PLN
Implementation and Administration of Elasticsearch Wroclaw, ul.Ludwika Rydygiera 2a/22 Wed, 2017-06-28 09:00 20800PLN / 6903PLN
Effective interpersonal communication with elements of assertiveness Wroclaw, ul.Ludwika Rydygiera 2a/22 Thu, 2017-06-29 09:00 5148PLN / 1430PLN
Elasticsearch Advanced Administration, Monitoring and Maintenance Gdańsk, ul. Powstańców Warszawskich 45 Tue, 2017-07-04 09:00 17741PLN / 5876PLN
Nginx Setup, Configuration and Administration Bydgoszcz, ul. Dworcowa 94 Wed, 2017-07-05 09:00 6930PLN / 2850PLN
SQL Fundamentals Warszawa, ul. Złota 3/11 Mon, 2017-07-10 09:00 3663PLN / 1510PLN
SIP protocol in VoIP Poznan, Garbary 100/63 Mon, 2017-07-17 09:00 15929PLN / 5427PLN
Creating and managing Web sites Poznan, Garbary 100/63 Mon, 2017-09-25 09:00 5841PLN / 2298PLN

Course Discounts Newsletter

We respect the privacy of your email address. We will not pass on or sell your address to others.
You can always change your preferences or unsubscribe completely.

Some of our clients