Overall Course Objective
The course has been designed to assist bank employees to develop an understanding of money laundering control in the banking sector and their obligations in this regard. The expected outcome is to enable all bank staff control money laundering in the banking sector by understanding the key concepts and activities, the relevant legislation and their money laundering control obligations.
- Introduction to money laundering control
- Money laundering the concept
- Money laundering control duties of a bank and how each bank has defined its policies
- Reporting obligations
- How to handle suspicious or unusual transactions
Staff in Operations Department