The effort against financial crime in the private and public sectors faces growing challenges. The course offers to build competence against financial crime among learners.
Overview
Syllabus
The course is structured in seven modules, with each module catering to a separate financial crime domain.
Introduction
-
About the course
-
Brief Objectives
-
Relevance
Module I
Financial crime overview and threats to the global economy
__ Definition and Nature of Financial Crime
__ Financial Crime Methods and Vehicles
__ Use of Technology in Financial Crime
Module II
Money Laundering
__ The Financial Action Task Force
__ Money Laundering methods and stages
__ Indicators of Money Laundering
__ Role of Third-Party Entities
__ Terrorist Financing *
Module III
Understanding and preventing frauds
__ Nature and types of Frauds
__ Loan Frauds
__ Internal Frauds
__ Red Flags
__ Detection and Reporting
Module IV
Anti-corruption compliance and enforcement
__ Worldview on corruption
__ Forms and methods of corruption
__ Anti-Corruption Organisations
__ Legal framework to Combat corruption
Module V
Trade-Based Money Laundering (TBML)
__ World trade and money movement
__ Wire Transfers
__ Hawala Transactions
__ Indicators of TBML
Module VI
Compliance programs and control
- AML Compliance
__ OFAC
-
Sanctions Compliance
-
Monitoring and Reporting (STR)
__ Beneficial owners
- KYC and KYE
Module VII
Cyber Security
-
Recognising and detecting cyber financial crime
-
Social Engineering
-
Network Security Standards and Industry Best Practices
-
Responding to a cyber incident
Data privacy laws and regulations
Taught by
Baljor Dutt Gaur and Dev Kumar Malik
