2023 Anti-Money Laundering and Counter-Terrorist Financing

Description

Hi guys,

Thanks for being here!

Welcome to my course Anti-Money Laundering and Counter-Terrorist Financing!

In this course, we will start the course by understanding the term money laundering and then go through details and examples of 3 stages of Money Laundering as well as Economic and Social consequences of Money Laundering. The next part is Method of Money Laundering. Then, we will learn about the definition of terrorist financing, the way terrorists raise, move and store funds, methods and risks of abuse as well as emerging risks for terrorist financing. Finally, we will analyze the differences and similarities between money laundering and terrorist financing. Reference Materials are mentioned in the course, which come from Financial Action Task Force (FATF), Association of Certified Anti-Money Laundering Specialists (ACAMS), U.S. Financial Crimes Enforcement Network (FinCEN), MONEYVAL, Palermo Convention,...

During the course, I will explain more about relevant terms like tax evasion, tax avoidance, concentration risk, structuring, smurfing, Black market peso exchange, Hawala, cash-intensive business,...

To check your understanding, after most of the concepts, practice questions are included. These questions are built on the ACAMS exam format. I would recommend you to attempt the practice exercises given throughout the course to revise your knowledge.

Money laundering and Terrorist Financing are ever-evolving activities. While we sit here and study money laundering and terrorist financing techniques, there are criminals out there somewhere who are constantly researching new methods to hide their dirty money and their activities. Launderers and terrorists are very creative— when we detect one method, the criminals soon find another. After completing this course, I believe that at least you will have an idea about what happen in the world of Money Laundering and Terrorist Financing. Some are simple, some are complex, but all are interesting!

What You Will Learn!

• Definition of Money Laundering
• Details and examples of three stages of Money Laundering (Placement, Layering and Integration).
• The economics and social consequences of Money Laundering.
• The most common methods of money laundering: structuring, casino, black market peso exchange.
• Definition of terrorist, terrorist act, terrorist organization, terrorist financing.
• How terrorists raise, move, and store funds: NPOs and Hawala system
• Emerging Risks for Terrorist Financing
• Differences and similarities between Money Laundering and Terrorist Financing
• Real cases of Money Laundering and Terrorist Financing
• List of questions with specific explanation to check your understanding

Who Should Attend!

• People who have curiosity about the world of Money laundering and Terrorist financing.
• People who want their career or are working in the financial institutions especially in Compliance field.

TAKE THIS COURSE