Financial Crime World

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Chilean Financial Professionals Gain Competitive Edge with Comprehensive Compliance Training Program

In an increasingly complex global market, Chilean financial professionals can now gain the knowledge and skills required to stay ahead of the curve with a comprehensive certificate program in trade compliance and export controls.

Overview of the Program

The four-module program delves into the intricacies of trade, export controls, and trade compliance, providing participants with a solid foundation in the rapidly evolving landscape. Each module is supported by real-world case studies, quizzes, and further reading materials to enhance learning.

Module 1: Fundamentals of Trade

  • Introduces participants to the fundamentals of trade, exploring the differences between imports and exports, export documentation, and exporter CDD/KYC processes.
  • Includes a case study on export controls implemented by banks, providing a practical application of the concepts learned.

Module 2: Trade Compliance

  • Shifts focus to trade compliance, covering core concepts and trade-based anti-money laundering requirements.
  • Delves into the risks inherent in trade transactions and offers insights into risk mitigation strategies.
  • Includes a hands-on case study on planning and monitoring trade transactions, equipping participants with actionable strategies for real-world application.

Module 3: Trade-Based Money Laundering

  • Provides an in-depth look at trade-based money laundering, including its stages, predicate offenses, and methods employed by criminals to exploit trade for illicit purposes.
  • Includes a case study that examines how organizations effectively monitor their trade transactions, offering a practical perspective on the theory.

Module 4: Setting Up a Robust Trade-Based Anti-Money Laundering Program

  • Focuses on setting up a robust trade-based anti-money laundering program, covering governance structures, red flags in trade transactions, and the roles of TBAML management committees, reporting officers, and reviews.
  • Includes a case study on AML/KYC documentation, ensuring learners can bridge theory with practice.

Certificate Award

Upon completion of the four modules and assessments, participants are awarded the “Certificate in Trade Compliance and Export Controls,” signifying their proficiency in the domain. This program serves as a beacon for Chilean financial professionals aiming to excel in the complex world of global trade and compliance.