Money Laundering & Anti-Money Laundering (AML) Program

Programme description & objectives

This course provides a comprehensive and practical analysis of Money Laundering schemes, Anti-Money Laundering legislation, and counter-measure techniques and implementation. Participants will learn to understand the complexities associated with the prevention and the protection of their organizations. The program will cover different types of schemes, the methods available to prove income, the required records, how to analyze them, and how to identify leads. Considering the most current cases of violation of Anti-Money Laundering regulations and the cost associated with it, not only in money but in reputation as well, this course will give participants guidance and understanding of regulations both in Nigeria and internationally, to ensure regulatory parastatals and organizations stay ahead of the game. This course is therefore billed to be fully interactive and participatory to achieve the maximum benefit and learning outcome. Finally, delegates to the program would be invited to present their own cases and scenarios, where questions can be answered and doubts can be resolved. The program would also be imbued with team activities, case studies, and practical examples for discussion. It is expected that by the end of the course, participants will be able to: - Detect and prevent Money Laundering - Define Money Laundering and its cycle - Identify how Money Laundering can be committed - Apply the GCC and international law and regulations on AML - Analyze financial records and identify possible leads - Apply methods to prove income or funds from unknown sources