The regulated sector provides critical support to enable the free flow of goods, services, technology and funds from old and emerging markets. Unfortunately, the significant and global flows of funds and goods between international trade partners offers lucrative opportunities for criminally collusive criminals to move value between themselves.
Hiding dirty money in both false and legitimate trade transactions is a significant concern for banks, regulators, law enforcement agencies and national governments.
In this course, delegates will develop an enhanced understanding of the trade products and services that are offered and of the risks relating to the movement of goods and within transaction flows. This will include the very latest trends in trade based money laundering techniques, and how terrorist financiers, tax evaders and sanctions evaders use trade to achieve their illicit aims.
Using real-life case studies, exercises and learning from the peer group, delegates will be encouraged to develop an enhanced practical understanding on how to manage trade based financial crime risks, whilst meeting commercial, legal and regulatory compliance responsibilities.