advertisement

LawInContext Anti-Money Laundering Training

67 %
33 %
advertisement
Information about LawInContext Anti-Money Laundering Training
Education

Published on March 3, 2014

Author: Apxxx

Source: slideshare.net

Description

As Anti-Money Laundering is an important legal topic, businesses are wise to ensure adequate compliance
training for their organization in order to minimize risk associated with anti-money laundering. The upcoming
Global Anti-Money Laundering E-Learning Program from LawInContext will cover the basics of anti-money
laundering regulatory requirements and compliance responsibilities applicable to both the regulated sector and
the unregulated sector.
By instilling an understanding and awareness of typical high-risk scenarios and the penalties for committing an
offence, the training will assist in the identification of red flags and suspicious behavior.
The program will also offer practical tips and industry specific examples that help to mitigate risk and bolster
the compliance initiatives of multinationals concerned about this important area of the law.
advertisement

Anti-Money Laundering Global Compliance E-learning LawInContext Pte. Ltd., the online legal information and training venture of Baker & McKenzie, provides a suite of Corporate Compliance e-learning programs to help meet compliance training and reporting needs of multinationals in an increasingly regulated world. The Global Anti-Money Laundering E-learning Program will provide to multinational companies a consistent, dependable and comprehensive anti-money laundering compliance training resource to help minimize risk and ensure international compliance. ”The Anti-Money Laundering E-learning Program offers a cost-effective means of documenting internal compliance efforts and minimize non-compliance risk” Why Global Anti-Money Laundering E-learning As Anti-Money Laundering is an important legal topic, businesses are wise to ensure adequate compliance training for their organization in order to minimize risk associated with anti-money laundering. The upcoming Global Anti-Money Laundering E-Learning Program from LawInContext will cover the basics of anti-money laundering regulatory requirements and compliance responsibilities applicable to both the regulated sector and the unregulated sector. By instilling an understanding and awareness of typical high-risk scenarios and the penalties for committing an offence, the training will assist in the identification of red flags and suspicious behavior. The program will also offer practical tips and industry specific examples that help to mitigate risk and bolster the compliance initiatives of multinationals concerned about this important area of the law. Quality Content The Global Anti-Money Laundering E-Learning program is currently in development and will cover a broad range of anti-money laundering issues from a global and regional perspective. All content will be written and regularly updated by Baker & McKenzie attorneys who specialize in anti-money laundering and related compliance matters. LawInContext is the online legal information and training venture of Baker & McKenzie and is neither a law firm nor authorized to practice law. No attorney-client relationship will be formed or deemed to be formed with Baker & McKenzie or contributing law firms through the use of LawInContext’s legal information, training & services. This may qualify as “Attorney Advertising” in some jurisdictions. For full disclaimer visit www.lawincontext.com. Copyright © 2002-2014, LawInContext Pte. Ltd.

Topics Covered Among the topics to be covered in the Global Anti-Money Laundering E-learning Program are the following: - What is money laundering? - Prohibited conduct under money laundering laws (e.g., handling funds or dealing with customers where there is suspected criminality) - Typical underlying predicate offences (e.g., corruption and tax evasion) - Penalties and an overview of the international standards (FATF and EU standards, among others) - Terrorist financing - What should you do if you suspect a terrorist connection? - What are the various international standards? - Obligations that apply to the regulated sector - Legal obligations to report - Money Laundering Reporting Officer (MLRO); Financial Intelligence Unit - Know Your Customer (KYC) Procedures - Industry specific examples (banking, securities, insurance, payment services, consumer credit, e-money, etc.) - Obligations that apply to the non-regulated sector - How to spot suspicious activity (industry specific examples given) - Acquisitions of corrupt target companies - Dealing with corrupt suppliers - Mitigation of risks (e.g., customer due diligence; suspicious transaction reporting; obtaining consent from law enforcement authorities) - Duties of officers Effective Learning and Additional Services All of LawInContext’s online e-learning programs are self-paced, and use a combination of sound, animation and text to present concepts, situations and examples in a compelling and memorable manner. An integrated part of the E-learning Program is the e-testing facility, allowing for direct and efficient measurement of learning and training progress within a subscribing organization. LawInContext also offers invitation and reminder management, as well as comprehensive usage reporting services, for larger learning populations. Become a Founding Client LawInContext seeks a limited number of “Founding Clients”, who will receive access to the program sponsored under a compelling subscription model. Founding clients also have the opportunity to provide preproduction feedback on the substantive e-learning content, program animation and other features, as well as their bespoke customization, to ensure that the developed program meets their learning and development needs and is consistent with their internal compliance policies and procedures. In this manner, LawInContext receives valuable user feedback in the development of the e-learning programs, and the Founding Clients receive access to a highly relevant and useful e-learning program, which is not only tailored to their needs, but offered at an extremely cost-effective price for an unlimited number of users. Want to Know More? In order to construct the adequate solution for your specific business needs, or to arrange a free trial access to our online resources, please e-mail: info@lawincontext.com For more information about the online LawInContext multi-country knowledge resources and our suite of corporate compliance e-learning programs, please consult www.lawincontext.com LawInContext is the online legal information and training venture of Baker & McKenzie and is neither a law firm nor authorized to practice law. No attorney-client relationship will be formed or deemed to be formed with Baker & McKenzie or contributing law firms through the use of LawInContext’s legal information, training & services. This may qualify as “Attorney Advertising” in some jurisdictions. For full disclaimer visit www.lawincontext.com. Copyright © 2002-2014, LawInContext Pte. Ltd.

Add a comment

Related presentations

Related pages

LawInContext Anti-Money Laundering Training - Education

As Anti-Money Laundering is an important legal topic, businesses are wise to ensure adequate compliance training for their organization in order to ...
Read more

Global Corporate Compliance Training E-Learning – Online ...

Global Corporate Compliance Training ... This program will cover key anti-money laundering ... LawInContext Helpdesks and Training Modules. LawInContext ...
Read more

LawInContext Compliance eLearning Training - Education

LawInContext Compliance eLearning Training ... and will cover key anti-money laundering and Laundering ... LawInContext Anti-Money Laundering Training.
Read more

LawInContext (Overview) - Education

LawInContext Anti-Money Laundering Training As Anti-Money Laundering is an important legal topic, businesses are wise to ensure adequate compliance ...
Read more

Baker & McKenzie

Competition & Compliance ... LawInContext, the online legal training and information resource ... covering topics such as global anti-money laundering, ...
Read more

Baker & McKenzie 4th Annual Zurich Global Corporate ...

Baker & McKenzie 4th Annual Zurich Global Corporate Compliance ... LawInContext Pte. Ltd., ... Key Developments and Trends in Anti-Money Laundering Regulation
Read more

Bank Secrecy, Anti-Money Laundering & OFAC - Documents

Bank Secrecy, Anti-Money Laundering & OFAC. * BSA/AML and Compliance Officer: Jonathan Gwin, Esq. Training Outline & Objective. Rationale for the new ...
Read more

Compliance | Services | Baker & McKenzie

Offering seamless global compliance advice and ... anti-money laundering. ... global sanctions and anti-money laundering obligations; training ...
Read more

SWISS TRUST SEMINAR: Trusts in Switzerland – Compliance ...

SWISS TRUST SEMINAR: Trusts in Switzerland – Compliance and the Choice of Law ... anti-money laundering ... to them from LawInContext as well as based on ...
Read more

Bahamas Financial Services Board

Anti-Money Laundering; ... CEO of LawInContext Pte Ltd ... LawInContext provides cost-effective access to online legal information and training from the ...
Read more