Financial Crime World

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Financial Crime Compliance Training Programmes Take Centre Stage in Bouvet Island

In a bid to combat financial crime, a cutting-edge Advanced Financial Crime Compliance training course has been launched in Bouvet Island. The programme is designed for employees within the financial services sector and law enforcement agencies.

Programme Overview

The five-day course aims to equip professionals with the skills and knowledge necessary to identify and prevent money laundering and terrorist financing. The programme combines interactive case studies, exercises, and question-and-answer sessions to provide delegates with a comprehensive understanding of key offences related to financial crime.

Compliance Professionals Benefit from Interactive Experience

  • Financial crime analysts
  • Transaction monitoring professionals
  • AML and financial crime investigators
  • Compliance professionals
  • Financial investigators

will benefit from the programme’s interactive approach, which allows delegates to share experiences and learn from each other while developing new skills and techniques in investigations.

Day-by-Day Programme Highlights

Day 1: Financial Crime Compliance

  • Examination of trade-based money laundering and emerging threats
  • Financial intelligence exercise and debriefing session
  • Peer-to-peer emergence and cryptocurrency

Day 2: Effective Compliance and Due Diligence

  • Case studies on sanctions busting and round-tripping fraud
  • Principles of the risk-based approach
  • Roles and responsibilities of FATF

Day 3: Challenges of Compliance Investigations

  • State-sponsored terrorism and professional money launderers
  • Cyber threats and insider actors
  • Money value transfer businesses and MSBs

Day 5: Conclusion of Exercises and Debrief

  • Investigating PEPs and high net worth beneficial owners
  • Cyber-crime typologies
  • Establishing true ownership of opaque structures and entities

Course Provider Endorsement

GLOMACS, the course provider, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.