How To Think Like A Crook

7 years ago Posted By : User Ref No: WURUR13596 0
  • Image
  • TypeWebinar
  • Image
  • Location New York, United States
  • Price
  • Date 27-09-2017
How To Think Like A Crook, New York, United States
Webinar Title
How To Think Like A Crook
Event Type
Webinar
Webinar Date
27-09-2017
Last Date for Applying
27-09-2017
Location
New York, United States
Organization Name / Organize By
AtoZ Compliance
Organizing/Related Departments
Online Training
Organization Type
Event Organizing Company
WebinarCategory
Both (Technical & Non Technical)
WebinarLevel
National
Related Industries

Accounting/Financial/Banking/Insurance

Location
New York, United States

Key Take Away

This anti-money laundering compliance training will describe the reasons and methods of money laundering in financial institutions. This will help attendees to protect themselves from regulatory risk by establishing an effective anti-money laundering system within their financial institution.

Overview

Financial institutions across the globe are facing increased pressure to meet Anti-Money Laundering (AML) compliance requirements. Established names in banking such as HSBC and Standard Chartered have paid huge fines for laundering money for various criminal enterprises. Standard Chartered paid a fine of $327 million while HSBC paid $1.9 billion. According to a report in The Economist, both the banks acknowledged, through signed statements, that they had “facilitated illicit financial transfers on behalf of Iran, Sudan, Myanmar and Libya”. HSBC was accused of having also laundered money on behalf of Mexican and Colombian drug cartels.

These, and other previous significant settlements with US authorities, shows that all financial institutions are vulnerable to money laundering and need better, stronger compliance processes in order to avoid the regulator’s wrath and billions of dollars in fines.

Why Should You Attend

You probably have spent huge sums of money and time in learning the Bank Secrecy Act (BSA) regulations, but it is necessary for every employee of a financial institution to possess updated knowledge in detecting and preventing financial fraud or money laundering within their institution. This online training on anti-money laundering will take attendees beyond the basics of Bank Secrecy Act (BSA) regulations to the point of criminal behavior.

This course has been developed after conversations with the FBI, Department of Homeland Security, Banking Regulators and the Financial Task Force of the DEA.

Areas Covered In This Webinar

This banking and financial services training will discuss the following topics:

  • Resources available for further study.
  • Why the regulators are so diligent about money laundering.
  • Cocaine, Meth and Meth labs in the USA.
  • Blackmail & Extortion.
  • Various methods for laundering money.
  • Case Studies from the field.
  • How to incorporate BSA training into your financial institution.

Learning Objectives

This AML compliance webinar will help attendees learn how methamphetamine dealers’ income could be laundered and how criminals try to “launder” their money. It will focus on educating financial institution staff about the types of transactions criminals utilize and criminal financial behavior. This comprehensive tool on anti-money laundering will help you streamline your investigations, to perform due diligence research and to fight fraud in order to protect your organizational assets.

Who Will Benefit

  • Bank and credit union compliance officers.
  • Bank Secrecy Act (BSA) Officers. Many times you will see BSA/AML officer titles. AML = Anti-Money Laundering
  • BSA analysts.
  • BSA investigators.
  • CFOs.
  • Bank or credit union operations officers.
  • Financial Officers
  • Financial Officers front line staff
  • Risk Officers

Email: [email protected]

Toll Free: +1- 844-414-1400

Tel: +1-516-900-5509

Speakers Profile

Doug Keipper

Doug Keipper is a Certified Anti-Money Laundering Specialist (CAMS) since 2005 and former BSA officer, compliance officer, and loan administrator for an $800M commercial bank in Atlanta before it sold twice in one year.

Mr. Keipper teaches commercial real estate stress testing and anti-money laundering throughout the southeast. He has spent over 20 years in retail banking, wholesale mortgages and financial services.

Others Details

For more details and updates please visit website.

Registration Fees
Available
Registration Fees Details
Visit website.
Registration Ways
Website
Address/Venue
  Online Webinar 
Official Email ID
Contact
atoz compliance

2754 80th Avenue, New Hyde Park, NY 11040

[email protected]

   8444141400      516-900-5509