how-to-think-like-a-crook-money-laundering-prevention

How to Think Like a Crook - Money Laundering Prevention

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Live Webinar

  • 60 minutes

Financial institutions across the globe are facing increased pressure to meet Anti-Money Laundering (AML) compliance requirements. Established names in banking such as HSBC and Standard Chartered have paid huge fines for laundering money for various criminal enterprises. Standard Chartered paid a fine of $327 million while HSBC paid $1.9 billion. According to a report in The Economist, both the banks acknowledged, through signed statements, that they had “facilitated illicit financial transfers on behalf of Iran, Sudan, Myanmar and Libya”. HSBC was accused of having also laundered money on behalf of Mexican and Colombian drug cartels.

In this webinar join expert speaker Doug Keipper, where he will describe the reasons and methods of money laundering in financial institutions. This will help attendees to protect themselves from regulatory risk by establishing an effective anti-money laundering system within their financial institution.

Session Highlights:

  • Resources available for further study

  • Why the regulators are so diligent about money laundering

  • Cocaine, Meth and Meth labs in the USA

  • Blackmail & Extortion

  • Various methods for laundering money

  • Case Studies from the field

  • How to incorporate BSA training into your financial institution

Why You Should Attend:

This AML compliance webinar will help attendees learn how methamphetamine dealers’ income could be laundered and how criminals try to “launder” their money. It will focus on educating financial institution staff about the types of transactions criminals utilize and criminal financial behavior. This comprehensive tool on anti-money laundering will help you streamline your investigations, to perform due diligence research and to fight fraud in order to protect your organizational assets. This course has been developed after conversations with the FBI, Department of Homeland Security, Banking Regulators and the Financial Task Force of the DEA.

Who Should Attend:

  • Bank and credit union compliance officers.

  • Bank Secrecy Act (BSA) Officers.

  • Bank or credit union operations officers

  • Many times you will see BSA/AML officer titles. AML = Anti-Money Laundering

  • BSA analysts.

  • BSA investigators.

  • Financial Officers

  • Financial Officers front line staff

  • Risk Officers 

  • CFOs


Advanced Preparation: None 

Program Level: Intermediate 

Prerequisites: Basic knowledge of About Money Laundry, Anti-Money Laundry Regulations.

Field of Study: Business Law, Taxes


*You may ask your Question directly to our expert during the Q&A session.
** You can buy On-Demand and view it as per your convenience.

Doug Keipper

Doug Keipper

Doug Keipper is a Certified Anti-Money Laundering Specialist (CAMS) since 2005 and former BSA officer, compliance officer, and loan administrator for an $800M commercial bank in Atlanta before it sold twice in one year. He teaches commercial real estate stress testing and anti-money laundering throughout the southeast. He has spent over 20 years in retail banking, wholesale mortgages and financial services.

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Edupliance is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 844- 810-1151.

PLEASE NOTE: To receive credit through the NASBA for this program you MUST attend the Live program in its entirety and complete the required progress checks.

Number of CPE Credits Awarded for This Course: 1.0 (Business Law - 0.5, Taxes - 0.5)

Delivery Method: Group Internet Based

Want to attend in a Group? Call 844-810-1151 and Save upto 50%

  • $164.00

  • Total : $00.00

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