Finance & Accounts

FA 7 Financial Crime Prevention

Financial Crime Prevention

Prevention and control of financial crime in the era of digitisation

Accredited by: LONDON INSTITUTE OF SKILLS DEVELOPMENT SIGNATURE PROGRAMME

Who should attend?

  • Delegates responsible for the prevention and control of financial crime, money laundering and fraud investigators, and regulatory compliance specialists, or professionals seeking to obtain specialist skills within the modern financial crime compliance (FCC) space
Course Code:F/A.7
Subject:Finance
Course Fee:£385
Duration:4 Days

Learning Objectives

By the end of the course delegates will be able to:

  • Describe the background, nature and current trends of economic crime from a vocational perspective
  • Obtain 360-degree experience of anti-money laundering laws, regulations and FCC best practices
  • Apply effectively reporting systems, the exchange of information, and financial intelligence
  • Use realistic and proportionate action plans for combating financial crime
  • Junior Managers, Fresh Graduates & Final Semester Students to acquire a promising career in a reputable organization.

Course Content

Financial Crime

  • Transnational organised crime
  • Interpol’s 18 crime areas
  • Global response: the AML Regime
  • Terrorist financing and Sanctions
  • UNTOC
  • FATF
  • The Egmont Group
  • The role of FIUs
  • The private sector: gatekeepers
  • The rationale of reporting
  • The role of financial intelligence
  • FCC as the tool to protect the financial system’s integrity

Anti-Bribery and Corruption (ABC)

  • ABC essentials explained
  • UKBA 2010
  • Anti-Bribery & Corruption videos
  • Whistleblowing
  • FCA
  • OECD
  • UNCAC
  • Stolen Asset Recovery Initiative (StAR)
  • StAR Cases
  • SFO Cases
  • FCPA Cases

Anti-Money-Laundering (AML)

  • Proceeds of crime
  • The three – stage ML process
  • The three ML stages
  • ML vulnerability: the Zero point
  • Basel AML Index
  • Offences
  • The 4TH MLD
  • Case study: POCA, Part 7 ML
  • Triggering the AML investigation
  • From Suspicion to reporting
  • SAR and the Good “Narrative”
  • SAR simulation exercise: Lodging SARs to the NCA

Cyber crime

  • Phishing
  • Webcam manager
  • File hijacking
  • Keylogging
  • Screenshot manager
  • Ad clicker
  • Hacking
  • Distributed Denial of Service (DDOS)
  • JMLIT
  • European Cybercrime Centre (EC3)
  • Information Assurance and Cyber Security for Information Asset and Information Risk Owners

Fraud

  • Identity crime
  • Individual fraud
  • Corporate fraud
  • Online fraud
  • Advanced fee fraud
  • Tax and benefit system fraud
  • Intellectual property crime
  • Insider dealing