DESCRIPTION The trade system is one of the three main methods exploited by financial criminals and terrorist financiers in financial crime. Trade Based Money Laundering should receive the same level of attention from all at‐risk‐sectors, clearly due to its wide range or risks and vulnerabilities, as well as its complexities associated with the use of multiple foreign exchange transactions and trade financing arrangements. FATF defines Trade‐based money laundering as the process of disguising the proceeds of crime and moving value through the use of trade transactions in an attempt to legitimize their illicit origins. In practice, this can be achieved through the misrepresentation of the price, quantity or quality of imports or exports. Relevant case studies are applied throughout course outline to enhance and reinforce learning process. TARGET AUDIENCE Trade Finance Front and Back Office Operations, Risk Management, Audit and Compliance. OBJECTIVES At the end of this course, you will be able to: Understand the wider context for financial crime risk, legal and regulations, and their implications across Maybank Indonesia Understand the complex and interrelated risks with respect to financial crime and sanctions and trade finance products Understand role and responsibilities and how these contributes into securing your bank, your customers, yourself and the financial system Be able to identify high‐risk indicators, understand what to do with the information/intelligence and whom to escalate it to
DESCRIPTION Well-written reports should lay out a series of facts based on evidence, and present the current situation with possible recommendations for implementation. In this case-based program, you will...
DESCRIPTION This is a general session designed for senior management team, designed to facilitate awareness and sustain senior management buy‐in to embed sound financial crime compliance risk culture within the institution. Relevant case studies are applied throughout course outline to enhance and reinforce learning process TARGET AUDIENCE Senior Management, including Board of Commissioners and Directors OBJECTIVES At the end of this course, you will be able to: Understand the complex and interrelated risks with respect to financial crime and sanctions Understand role and responsibilities and how these contributes into securing financial system Be able to develop practical techniques for managing money laundering and sanctions risks in line with risk appetite and relevant policies Be able to identify high‐risk indicators, understand what to do with the information/intelligence and the escalation process.
DESCRIPTION This two‐day course is designed specifically to address the “how‐to’s” of business continuity management in the financial services industry, as well as the risk management and mitigation issues that financial institutions need to deal with in today’s heightened threat environment. TARGET AUDIENCE Executives and officers who are responsible for managing and implementing the BCM program for their organizations; business line BCM Coordinators who have business continuity management responsibilities for their departments; and, those who are new to BCM and want to gain a good appreciation of the risks, business issues and planning process involved. OBJECTIVES At the end of this course, you will be able to: Understand the operational and regulatory risks in relation to business continuity that are relevant to the financial services industry, and be able to apply a systematic approach to manage these risks; Be able to use a proven framework for developing and implementing an effective BCM programme in their own organisations; and Gain practical knowledge on how to turn concepts into reality by designing business continuity and crisis management processes that are practical and workable