A Course That Trains Operational Teams on the Fundamentals of AML, KYC and the AML Technologies.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c28513) has announced the addition of E-Learning (Electronic-LEARNING) An umbrella term for providing computer instruction (courseware) online over the public Internet, private distance learning networks or inhouse via an intranet. See CBT. Course - Anti-Money Laundering Anti-money laundering ("AML") is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent or report money laundering activities. for Operational Teams to their offering. The course is training operational teams on the fundamentals of AML AML - A Manufacturing Language , KYC KYC Know Your Customer KYC Know Your Client and the AML technologies. Money Laundering The process of taking the proceeds of criminal activity and making them appear legal. Laundering allows criminals to transform illegally obtained gain into seemingly legitimate funds. is an area that is gaining increasing attention. In the wake of increasing terrorism and organized crime, investigators focus on how such groups finance their activities and are aiming to cut off access to these funds. Banks and financial institutions are now being asked or forced to significantly increase their efforts to combat Money Laundering, which requires increased training of their staff to better understand, identify, and alert authorities when they see evidence of Money Laundering. Moreover, regulations are slowly coming into effect in most countries, sometimes with extra territorial jurisdictions Territorial jurisdiction in United States law refers to a court's power over events and persons within the bounds of a particular geographic territory. If a court does not have territorial jurisdiction over the events or persons within it, then the court cannot bind the defendant which increases the risks of liabilities on organizations both from a financial and a reputation stand point. With the typically large number of staff working for banks, E-Learning provides the banking industry with a tool to help them not only train their large numbers of employees better, quicker, and more efficiently, but also allows them to do this more cost effectively. This course provides an effective online training program that could help organizations impart basic training on anti-money laundering and create awareness at various levels in the organization. The courses are designed to be very interactive and appealing. Target Audience: This family of courses is targeted at all employees and contractors in a financial institution. The introductory course is aimed to create basic awareness at all employees. The front office and back office versions are targeted at the customer facing and back office employees respectively. The AML for managers course is targeted at those managers who need an in depth review. Objectives: The anti-money laundering course aims to - Describe Money Laundering and the challenges and risks involved in combating it - Gain insight in how to establish and use customer profiles - Identify and report on suspicious activities - Articulate articulate /ar·tic·u·late/ (ahr-tik´u-lat) 1. to pronounce clearly and distinctly. 2. to make speech sounds by manipulation of the vocal organs. 3. to express in coherent verbal form. 4. the objectives and principal elements of a "Know Your Customer" policy - Describe the key processes and technologies to fight money laundering Subjects covered: - Introduction to Money Laundering - Know Your Customer Basics - Customer Profiling - Recognizing Suspicious Activities - AML Technologies Other Courses in this area: - AML Fundamentals for Customer Facing Teams - AML for Compliance Officers and Managers - AML Basics AML - Pre-Assessment Introduction to Money Laundering Know Your Customer Basics Customer Profiling Recognising Suspect Transactions AML Technologies AML - Post-Assessment For more information visit http://www.researchandmarkets.com/reports/c28513 |
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