search

I WOULD LIKE TO

TF
Trade Finance Trade Finance Red Flags
SHARE
Trade Finance Trade Finance Red Flags
  • Overview
  • Objectives & Outline
  • Methodology
  • Participant Profile
  • Trainer
  • Overview
    PROGRAMME DETAILS

    DATE

    24 July 2019

    TIME

    9:00 AM – 5:00 PM

    VENUE

    Asian Banking School

    8

    AICB
    CPD HOURS

    This is a 1-day programme to discover the high risks of trade finance transactions including trade-based money laundering techniques and risk profiles.

    LEARNING LEVEL
    Intermediate
    PROGRAMME FEE

    AICB MEMBER

    MYR

    1,100*

    / PAX

    NON-MEMBER

    MYR

    1,400*

    / PAX

    *Subject to 6% Service Tax

  • Objectives & Outline
    LEARNING OBJECTIVES
    By the end of the programme, participants will be able to:

    • Identify red flags in trade transactions
    • Perform pre and post transaction reviews of trade transactions
    • Identify trade-based money laundering techniques
    • Identify key trade-based money laundering (TBML) red flags
    • Assess the AML risk profile of proposed trade transactions

    PROGRAMME OUTLINE

    Introduction

    The International Trade System

    Abuse of the International Trade System 

    • Tax avoidance and evasion
    • Capital flight
    • Trade-based money laundering (TBML)

    Basic TBML techniques

    • Over and under invoicing of goods and services
    • Multiple invoicing of goods and services
    • Over and under shipment of goods and services
    • Falsely described goods and services

    Complex TBML techniques

    Case studies

    Current practices

    • Customs agencies
    • Law enforcement agencies
    • Financial intelligence units
    • Tax authorities
    • Banking supervisors
    • Red flag indicators

    Role of Financial Institutions in the Settlement of Trade Transactions

    Customs Agencies

    Law Enforcement Agencies

    Financial Intelligence Units

    Banking Supervisors

  • Methodology

    Interactive group discussions, comprehensive case studies and sharing of practical experience

  • Participant Profile

    Those from trade finance and compliance departments

  • Trainer

    ZOLKIFLI BIDIN

    Zolkifli Bidin has over 30 years of banking experience, predominantly in Trade Financing and specialising in trade operations and marketing of trade products. He has worked at Maybank, Bank of Commerce and Hong Leong Bank, and as a Senior Trade Finance consultant on the Amal Express Bank, Dubai project. He recently retired from the banking industry as Vice President, Head of Trade Review of a foreign bank. One of his principal duties were to carry out investigations on suspicious Trade Finance related transactions and to highlight potential trade irregularities, fraud or non-compliance with Anti Money Laundering and Counter Financing of Terrorism (AML/CFT) guidelines and other related regulatory requirements. In addition, he conducted due diligence searches on the borrowers and their suppliers to ascertain that business was conducted in accordance with their nature of business.

    He has been an Associate Member of the Asian Institute of Chartered Bankers (formerly known as the Institute of Bankers Malaysia – IBBM) since 1981 and was on the Board of Examiners for their International Trade Finance programme. He is associated with the Federation of Malaysian Manufacturers and Malaysian Chamber of Commerce and was part of the ASEAN meeting and business talk with South Korea and Turkmenistan. He also participated in the 2014 Trade Finance course organised by the Bankers' Association for Finance and Trade (American Bankers Association) in New Delhi, India which focused on new developments in international trade.


REGISTER NOW
Please complete the following form to register with us. Alternatively, you can email us here or call us at +603 2742 7822 if you have any questions.
PAYMENT PROCESS

1

Please download the Payment Form for our Banking details and if making company sponsored payments

2

Upload your Payment Form/Receipt and submit with your online registration

3

You will receive a confirmation email upon successful registration
I'm Applying For
Programme Details
Select Programme
Please select a time slot.
FULL NAME
(as per NRIC/Passport) *
New NRIC No/Passport No*
Nationality*
Email*
Contact No*
Job Title/ Designation*
Department*
Company Name*
Mailing Address*
City*
Postcode*
Country*
AICB Membership No
(If Applicable)
Special Remarks
(IF APPLICABLE, PLEASE FILL IN YOUR FMAM (PPKM) MEMBERSHIP NUMBER HERE)
Upload Payment Receipt or Form*
*Required fields
Captcha validation failed.
Thank you for your submission. You should receive an automated email shortly at the email address you provided if the submission had gone through successfully. If you do not receive the email, please contact us at +603-2742 7822 or email training@asianbankingschool.com
There are currently no upcoming Programme slots.
Please email us here or call us at +603 2742 7822 if you want to check on future slots.

Copyright © Asian Banking School (ABS) (1024215-T). All rights reserved.

 CONNECT WITH US

Ooops!
Generic Popup