Wednesday, June 16, 2021
Home Money Laundering Certified Trade Based Money Laundering Expert

Certified Trade Based Money Laundering Expert

(1 customer review)

18,500.00

Certified Trade Based Money Laundering Expert is the digital certification program offered by the Indiaforensic Center of Studies. This certification program is created for the global audience. The Package includes E-learning content of 30+ minutes and a reference book

Download Brochure of Certified TBML Expert-2021

 

 

SKU: E-TBML Category:

Description

Certified Trade Based Money Laundering Expert

Trade finance is a highly specialized area of knowledge. Compliance officers dealing with TBML often find it difficult to understand cross border transactions, complex documentation, products and pricing related issues. Without the right amount of knowledge, AML compliance teams will not be able to create guidelines and put processes in place to effectively monitor TBML within the organisation.

Trade-Based Money Laundering takes advantage of the complexity of trade systems. International trade involves multiple parties and jurisdictions. Performing AML checks and customer due diligence becomes a difficult process.

Certified TBML Expert is an important tool for the financial institutions to combat TBML. From registration to certification, process can be completed online. It is a video learning course, which is supported by the real life problem solving assignments. This program is also helpful for the law enforcement agencies and their staff.

Reference Book for the Certification in Trade Based Money Laundering

Trade based Money Laundering also known as TBML is the newest form of Money Laundering and is known to cause a loss of billions of dollars annually throughout the world. Many trade finance professionals from the private sector banks are benefited due to this program.

This TBML certification program details the techniques used by money launderers to manipulate trade transactions and launder tainted funds from various geographical locations. Common forms of TBML include over- and under-invoicing goods and services, over- and under-shipments of goods etc.

Financial Action Task Force (FATF) provides guidance on the TBML related issues and sites many examples. Several shell companies purchase electronic goods with funds derived from criminal activities — and then sell the goods to buyers in high-risk countries with minimum due diligence. The proceeds of crime are then directed back to the shell companies.

Emphasis of this Certification on TBML is early warning signs, which are explained in depth to help the certified TBML professionals to detect suspicious activities. A special emphasis is laid on the challenges in investigation of this crime. The role of banks and other intermediaries is also highlighted in the detection of red flags of trade based money laundering.

The only way of integrating tainted money into the formal economy is by disguising the origin of the funds. The modus operandi ranges from creating fictitious documentation of legitimate trade transactions to moving illicit goods. These tactics of converting tainted money into clean economy are complex and it is extremely challenging to detect the red flags of these activities.

Seeing the exponential growth of trade in the global scenario, trade based money laundering poses an immediate threat as a significant channel of criminal activity and exposes businesses across countries to the risk and vulnerabilities of being involved in terrorist financing.

TBML Certification Syllabus

Syllabus for the Certification in TBML is designed carefully to address the needs of the compliance professionals working in the International Banking domain. We endeavor to keep the course updated with the new developments in the domain. The curriculum of Certification is divided into various sessions listed below


How the course on TBML benefit you?

  • Through understanding of the concept of Anti Money Laundering provisions related to International Trade
  • Detailed explanation of the various methods used by criminals for TBML
  • Identification of early warning signs of suspicious trade transactions
  • Critical assessment of the role of banks and other intermediaries in the process of trade transactions

Registration

As soon as your payment is received, you need to go to visit Profile page created for every member to make sure that all your admissions and certifications are reflected correctly. Once the registration is completed then you can also visit the course page to kick-start your e-learning journey with Indiaforensic.

Attachments

Additional information

Mode

Blended Learning

Deliverables

30+ Minutes Video Learning
2 Modules-
1. 300 pages AML Manual and
2. 200 pages TBML Handbook
1 Uniform Examination

Certification

Certification is issued to the students who complete the Uniform Examination with more than 75% marks.

1 review for Certified Trade Based Money Laundering Expert

  1. Sarat Palkurthy

    I am probably one of the first few students to complete this tbml certification. The course provides the content in book format as well as video learning. I liked the video learning format but reading the book gives insights into the world of international trade and abuse. Its written in absolutely laymans terms. Very easy to understand the technical jargons. Best thing is it explains the concepts in trade before it proceeds to elaborate trade based money laundering techniques. The examinations are little tough, the time flies away while completing the exams. Overall from admission to certification, it was a seamless process.

Add a review

Certification Resources

forensic accountant

How to be a successful forensic accountant ?

Successful forensic accountants in India are qualified as the Certified Forensic Accounting Professional (CFAP)

Why to hire Certified Forensic Accounting Professionals ?

If this trust is met with fraud then two equally disheartening and unprofitable reactions, might take place – the first, the customer loses his trust in your brand and the second;...

Syllabus for the CFAP Program

One of the most important considerations of choosing the CFAP program over any other forensic accounting certifications is the syllabus of certification. CFAP is focused on local laws and India specific...
scope of forensic

Scope of Forensic Accounting services in India

Certified Forensic Accounting Professional is one of the most sought after certification in the forensic accounting domain in India. The scope of forensic accounting services in last 5 years have grown...

Foundation course on forensic accounting

Foundation course in forensic accounting is one of the significant initiatives of Indiaforensic Center of Studies to promote awareness among the students about the growing need of forensic accounting and fraud investigations....
scope of forensic accounting

What is the role of Forensic Accountant ?

It is essential to understand the role of forensic accountant in the wake of growing financial frauds in the corporate sector.
error: