Anti-Money Laundering and Combating Terrorism Financing

Anti-Money Laundering and Combating Terrorism Financing

We may be familiar with the popular quote, that "It is estimated that more than USD1.5 trillion from crime is laundered worldwide each year". Furthermore, terrorism is not only financed by illegal but legitimate sources. Learn how the two vices are related, why it is easy to launder proceeds of crime and yet difficult to identify terrorism financing. What are the preventive steps we need to take and many other steps. 

In this recently updated twin course, we have made learning very simple with our illustrative pictorial approach that will keep you interested to the end while the student will always remember what was taught. Therefore, you should expect,

• A thorough but simple explanation of Money Laundering (ML) and Terrorism Financing (TF) which will cover

  • The art of disguising laundered money, a brief history of Money Laundering

  • How ML/TF are committed; learn about predicate crimes, why they are committed, what the motive is behind predicate crimes, where and when they are carried out; you will find the illustrations used to explain money launderers' operations very easy to remember.

• Learn the economic and political consequences of Money Laundering on the society;

  • and what must be done to counter-check the consequence and lots more

• Bonus Materials

  • Money Laundering: The Al Capone Case Study (PDF)

  • Foreign Terror Fighters: What we need to know about them (Slides)

A course designed by Samuel Aremu in partnership with g-Log Consult. He is a Certified Anti-Money Laundering Specialist (CAMS) with Postgraduate degrees in Intelligence, Law Enforcement and Criminal Justice.  Mr. Samuel has been a driver in the AML/CFT regime in Nigeria and West Africa. He has trained and mentored over 700 students, law enforcement officers, financial and intelligence analysts, and staff of Financial and Designated Non-Financial businesses in Nigeria, Ghana, Senegal, Togo, South Africa among others.

An Illustrative Approach to AML/CFT Compliance

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What you will learn

• Students will learn in simple ways, how money laundering and terrorism financing are disguised.
• How Money Laundering started, How it is committed, why it is committed in spite of the warnings, where and when they are carried out.
• Consequences of money laundering on the economic or political scape. Money laundering affects people everyday, what are the risk issues and how to manage such.

Rating: 3.45

Level: All Levels

Duration: 1 hour

Instructor: g-Log Consult