2 Day Training in

Anti Money Laundering

  Nairobi, Kenya 27 - 28 March 2013

This training is comprehensive and reflects the complexity of today's regulatory environment. It focuses on relevant best practice, legislation and regulations. The training examines various strategies, frameworks and vulnerabilities. Elements involved in the reporting of suspicious transactions are explored. Internal controls are considered including the design of money laundering prevention frameworks, and Customer Due Diligence. The current major issues that impacts upon the money laundering prevention role are discuss in this training.

By the end of the programme, you will have an in-depth (practical) knowledge that can be drawn upon in the execution of your duties. Understanding the external framework gives you a perspective that will enable you to make informed decisions in the delivery of your money laundering prevention strategy. Knowledge gained can be used to evaluate systems and controls and tailor them to meet future challenges. 

"Who the

               training will Benefit..."

• Senior managers with responsibility for or involvement in the development or implementation of anti-money laundering policies and procedures,
• Money laundering reporting officers, compliance officers, managers, auditors, staff with duties requiring anti-money laundering compliance,
• Any other staff interested in learning more on anti-money laundering.

The trainer is a highly experienced accountant, forensic consultant, counter- fraud specialist, certified internal controls auditor and founder of  an accountancy firm specialised in accounting, taxation (including international taxation), internal controls and compliance, fraud prevention and detection, fraud investigations and forensic accounting. He advises organisations on financial management, budgeting and strategy implementation, fraud prevention and detection, internal controls and compliance and taxation, procurement and compliance, among other areas. He is also a consultant for the Global Bankers Institute in the USA and Oxford College.

Pogram Content Day - 1

• Introduction to Money Laundering   
• What is Money Laundering and why is important
• The Money Laundering Cycle
• Legal and Illegal Laundering
• Who Uses Money Laundering Practices
• Advantages and Disadvantages of Transaction Systems to Money Launderers
• Sources of dirty money
• Indications and tell-tale signs
• A Case of Piracy
• International Development of Law and Regulation
• The Financial Action Task Force
• European Directive
• US Patriot Act
• UK Legislation
• Correspondent Banking
• Tools Bank Use to Identify Money Launderers
• Due Diligence Laws for Banks
• Shell Banks
• Currency Transaction Report
• Suspicious Activity Report
• Case study: Shell bank
• Know your clients
• Cases and Examples

Program Content Day - 2

• Basic Money Laundering Schemes
• Simple Banking Operation
• Banking-Business Combination
• Diabolically Clever Laundering Schemes
• Smurfs ad Structured Transactions
• Offshore Corporations and the Internet
• Loan-Back Schemes
• Case studies
• Real Estate – Risks and Compliance
• Use of complex loans or credit finance
• The role of non-financial professionals
• Manipulation of the appraisal or valuationof a property Mortgage schemes
• Investment schemes and financial institutions
• Red Flags indicators
• Risk-Based Approach: Trusts
• A risk-based approach: key elements
• Risk categories
• Procedures for Prevention
• Developing and Implementing an Anti-Money Laundering Programme

To Register for this 2 Day Ant Money Laundering Training fee is 500USD per delegate.  A 20% discount is provided for groups of five.  Confirmation of attendance indicating the number of participants is expected to be given before end of 10 March 2013 . Kindly provide company name and names of delegates attending to the contact below, and an invoice will be sent. All invoices must be paid before 15 March 2013.Training and refreshment will be held in one of the standard hotels in Nairobi Kenya

Contact Person:

Mr. Glen Kapya

Kasarani, Off-Thika Road

Nairobi - Kenya

Mob: +254 (0) 701 337228

Office: +255 (0) 786  011755

Email: glenkapya@darletgroup.com

Email: glen.kapya@gmail.com 

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