Financial Crime World

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Financial Crime Prevention Training Programs in Svalbard and Jan Mayen

In a bid to combat financial crime and money laundering, the Oxford Management Centre has launched a comprehensive training program for professionals in Svalbard and Jan Mayen. The program aims to equip participants with the skills and knowledge necessary to detect, deter, and disrupt all types of financial crime.

Course Overview

The 3-day course will cover various aspects of financial crime prevention, including money laundering techniques and methods, investigations, and the benefits of effective financial intelligence. Participants will learn how to recognize and analyze suspicious activities, conduct thorough due diligence, and create a hostile environment for criminals to operate.

Objectives

Upon completing the course, participants will be able to:

  • Develop and improve existing skills to detect and deter financial crime
  • Understand the importance of increasing efficiency and effectiveness in reporting financial crime and money laundering
  • Apply investigation techniques and knowledge of AML/CFT and financial crime in a team-based setting
  • Analyze and investigate cases and scenarios of organized crime and money laundering activity

Training Methodology

The course will employ a dynamic delivery style, incorporating exercises, scenarios, question-and-answer sessions, and compelling case studies. Participants will be encouraged to engage actively with the material and work in teams to analyze and investigate real-life scenarios.

Who Should Attend?

This program is suitable for professionals working in financial services, law enforcement, and other public bodies, including:

  • Experienced analysts
  • Compliance professionals
  • AML investigators
  • KYC/CDD/EDD onboarding and investigations teams
  • Fraud and financial crime professionals

Course Outline

Day 1: Money Laundering Techniques and Methods

  • Requirements for good CDD/EDD
  • Global effort to combat money laundering and financial crime
  • Recognizing techniques of money laundering through in-depth exercise components on organized crime ML typologies

Day 2: Money Laundering Investigations

  • Review of current global sanctions and sanctioned entities
  • Fraud methodologies and fraud prevention
  • Trafficking: methodologies, the impact on victims
  • Trafficking case studies and exercises

Day 3: The Benefits of Effective Financial Intelligence

  • Conduct a review and assessment of HNWI and PEP entities
  • Create a SAR based on your assessment and analysis of the OCN exercise
  • Financial intelligence in relation to CFT

Certificate

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