Here is the converted article text in markdown format:

BAHRAIN TO STRENGTHEN FINANCIAL CRIME PREVENTION EFFORTS WITH NEW TRAINING PROGRAM

In a bid to combat financial crime and protect the country’s economy, Bahrain has launched a comprehensive training program for financial professionals aimed at preventing financial crimes such as fraud, tax evasion, and money laundering.

The Financial Crime Prevention Specialist (FCPS) Certificate

The FCPS Certificate is offered in collaboration with the Investment Academy Institute of Training, a leading financial training provider in Saudi Arabia and GCC. The program, which is taught exclusively in Arabic, aims to equip participants with the knowledge and skills necessary to identify and prevent financial crimes.

Program Objectives

• Equip professionals with the knowledge and skills necessary to identify and prevent financial crimes
• Recognize experts in preventing financial crimes with a certificate acknowledging their knowledge and skills

Key Areas Covered

• Cybersecurity threats
• International economic sanctions
• Compliance programs
• Asset recovery
• Whistleblowing
• Types of fraud in the financial sector (identity theft, electronic crime)
• Developing an efficient and comprehensive fraud response policy for organizations

Expected Outcomes

Upon completion of the program, participants can expect to achieve several key outcomes, including:

• Understanding what constitutes a financial crime risk
• Defining and implementing appropriate fraud controls
• Acquiring comprehensive knowledge of bribery and corruption at an institutional level

Program Details

The FCPS Certificate is recognized by the Association of Governance, Risk & Compliance (AGRC), which offers graduates one year of membership for free with access to exclusive benefits.

How to Apply

Those interested in the program can get in touch with AGRC at info@agrc.org.