Financial Crime World

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Financial Institutions in British Indian Ocean Territory Urged to Boost Compliance Training

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As financial institutions in the British Indian Ocean Territory (BIOT) face the complexities of money laundering and terrorist financing, a leading training provider is offering a comprehensive course to help professionals stay ahead of emerging threats.

Advanced Financial Crime Compliance Training Course

The Advanced Financial Crime Compliance training course, delivered by Oxford Management Centre, provides an interactive experience for employees within financial services and the regulated sector to identify key areas of concern as regards all facets of financial crime compliance. Working with expert instructors, attendees will receive relevant and topical updates on legislation and regulation, as well as current issues related to typologies, methods, and global problems associated with financial crime.

Key Objectives

Upon completion of the course, participants will be able to:

  • Understand the key offences of money laundering, terrorist financing, and financial crime
  • Review and analyze case studies through in-depth discussions with instructors
  • Understand the risks to professionals working in AML and financial crime areas
  • Apply current knowledge and experience to exercises provided by instructors

Who Should Attend

This course is suitable for a wide range of professionals, but will greatly benefit those working within:

  • Financial institutions
  • Law enforcement agencies
  • Analytical and tech companies
  • Specifically:
    • Financial crime analysts
    • Transaction monitoring professionals
    • AML and financial crime investigations professionals
    • Compliance professionals
    • Financial investigators
    • Fraud investigators

Course Outline

The course is divided into five days, covering topics such as:

Day 1: Financial Crime Compliance

  • Understanding the key offences of money laundering, terrorist financing, and financial crime
  • Reviewing and analyzing case studies through in-depth discussions with instructors

Day 2: The Need for Effective Compliance and Due Diligence

  • Identifying key areas of concern regarding global corruption
  • Understanding the risks to professionals working in AML and financial crime areas

Day 3: The Challenges of Compliance Investigations

  • Methodologies of money laundering and terrorist financing
  • Analyzing case studies through in-depth discussions with instructors

Day 4: A Study in the Key Indicators of ML/Financial Crime

  • Identifying key indicators of money laundering and financial crime
  • Applying current knowledge and experience to exercises provided by instructors

Day 5: Conclusion of all Exercises and Debrief

  • Reviewing key takeaways from the course
  • Discussing next steps for continued learning and improvement

Certificate

Upon successful completion of the course, delegates will receive an Oxford Management Centre Certificate.

The BIOT’s financial institutions are strongly advised to invest in this critical training to ensure they remain compliant with regulations and ahead of emerging threats.