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
Money Mules
Digital Money and Virtual Currency
-Mechanisms that are used
Trade Based Money Laundering
Account Settlements
Underground banking
-Criminal Service Providers
Payment Processors

Audience: BSA Officers, BSA Investigators, SAR Reporting Staff, Compliance, Security and Training.

Prerequisites: n/a

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Member Price: $265.00
Non-Member Price: $265.00
Textbook Charge: $0.00

Credits: 2.5 CE

Length: 2 hours

ABA Training