BSA: Professional Money Laundering Businesses
Course Number: Webinar
Course Code: n/a
During this program, we will look at the professionals who help the criminal enterprise. Sometimes a single individual and sometimes a business that will launder the proceeds of crime. FATF released in 2018 a report on these businesses that will help you detect and identify these businesses in your banks. From A to Z on how these business work and the techniques they employee to move illicit funds.
-Characteristics of Professional Money Laundering
-Specialized services and business models
-Types of dedicated ML Organizations
Digital Money and Virtual Currency
-Mechanisms that are used
Trade Based Money Laundering
-Criminal Service Providers
Audience: BSA Officers, BSA Investigators, SAR Reporting Staff, Compliance, Security and Training.