This training programme delves into the complexities of Trade-Based Money Laundering (TBML), a sophisticated method used by criminals to disguise the proceeds of crime and legitimise their illicit origins through trade transactions.
Participants will gain an in-depth understanding of how TBML schemes operate, including common techniques such as over/under-invoicing, multiple invoicing, and falsely describing goods and services. The programme will cover the regulatory landscape, highlighting international standards and best practices for detecting and preventing TBML.
Programme Outline
Learning Objectives
By the end of the programme, participants will be able to:
Identify and understand the common techniques and schemes used in TBML
Recognise red flags and indicators of suspicious trade transactions that may suggest ML/TF/PF activities.
Enhance ability to conduct due diligence and risk assessments related to trade finance operations.
Develop and execute strategies for ongoing monitoring of trade transactions to ensure compliance with AML regulations.
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As the industry’s preferred partner in learning and development, ABS offers customised and open enrolment training programmes that cover a comprehensive list of banking areas.
Aazad Ananthan Abdullah is a trainer, consultant and compliance practitioner. He comes with 27 years of working experience in various international banks including Labuan offshore banks and premier training institute for financial institutions.
Aazad graduated with a Bachelor of Jurisprudence from Universiti Malaya (Malaya), Bachelor of Business Administration from Universiti Utara Malaysia and Master of Commercial Law, Malaya. He has an Advanced Certification in Anti-Money Laundering jointly awarded by the Asian Institute of Chartered Bankers (AICB) and International Compliance Association in collaboration with University of Manchester Business School, UK, Certified Integrity Officer (CeIO) awarded by Malaysia Anti-Corruption Academy (MACA); and holds a Certificate in Sustainable Finance awarded by United Nations Institute for Training and Research (UNITAR).
Aazad specialises and delivers training in the subjects of financial crime, anti-money laundering, international sanctions, ultimate beneficial ownership, anti-bribery/corruption (ABC) and is a HRDC certified trainer. In 2022, he presented in a forum on “Managing Compliance Risks: e-Know Your Customer” jointly organised by the Regulatory Commission of Mongolia and Financial Education HUB.
The Asian Banking School (ABS) is dedicated to developing talent and is the largest specialised provider of quality banking training programmes in the ASEAN region.
Note ON CURRENCY CONVERSION in IPAY88 Payment Gateway
Please take note that this amount will be reflected in Malaysian Ringgit (MYR) in the iPay88 Payment Gateway based on the daily foreign currency exchange rate.
Note for offline payment Method
Kindly download the Payment Form here for our banking details and if making company sponsored payments. You are required to upload this form to complete the registration process.
Kindly download the Payment Form here for our banking details and if making company sponsored payments. You are required to upload this form to complete the registration process.
