Financial Crime and Intelligence Analysis

Overview:

Introduction:

This training program equips participants with the skills to identify and prevent fraud, money laundering, and corruption through advanced analytics and investigation techniques. Participants gain practical expertise in interpreting complex financial data and detecting suspicious activities, contributing to the integrity of the financial sector.

Program Objectives:

At the end of this program, participants will be able to:

• Recognize the primary offenses of financial crime, terrorism financing, and money laundering.

• Review and analyze case studies with professors while having in-depth discussions.

• Recognize the dangers faced by professionals working in the AML and financial crime fields.

• Apply your understanding of the present to the exercises that the instructors have provided.

• Learn and create fresh methods and abilities for conducting investigations.

Targeted Audience:

• AML and Financial Crime investigations Professionals.

• Compliance Professionals.

• Financial Investigators.

• Fraud Investigators.

• Financial Crime Analysts.

• Transaction Monitoring Professionals.

Program Outline:

Unit 1:

The Need for Effective Compliance and Due Diligence: 

• Sanctions and Sanctions Busting.

• Case Study on Round Tripping Fraud.

• AML Exercise.

• The Principles of the Risk Based Approach.

• Case study regarding Government Corruption.

• The Roles and Responsibilities of FATF.

Unit 2:

Financial Intelligence: 

• Financial Intelligence Analysis and assessment. 

• Trade based money laundering.

• Review of a TF case study.

• Emerging Threats in Money Laundering.

• Financial Intelligence Exercise and debrief.

• P2P Emergence Crypto-currency and VASPS.

Unit 3:

The Challenges of Counter Terrorist Financing:

• Government Corruption A case study 1MDB Malaysia.

• Professional Money Launderers and Gateways (Lawyers, Notaries, Accountants).

• Cyber Threat and Insider Actors.

• Money Value Transfer Business and MSB’s.

Unit 4:

A Study in the Key Indicators of Extremism: 

• A case study in Interpretation of Financial data.

• CFT Exercise “stop the attack” .

• Proliferation and Sanctions breaches.

• Case Study in Terrorist Groups methodologies and motivation.

• Radicalisation and Extremism as seen in Banking data.

Unit 5:

Conclusion of all Exercises and Debrief:

• CFT Exercise (Continued).

• how to investigate PEPS and High Net Worth Beneficial Owners.

• Cyber-Crime Typologies.

• PEP exercise Establishing True ownership of opaque structures and entities.

• Debrief of the Programme.