Detecting and reporting financial crime effectively requires consistent, relevant training.
Our financial crime training keeps your company on top of detection and reporting obligations.
Financial crime and fraud is a growing area of concern for many businesses, especially with increased scrutiny from local, state and federal governments who are increasing their efforts to address issues like money laundering, fraud and other similar crimes.
To help you stay ahead of the latest requirements and trends in financial crime monitoring, detection and reporting, our online training modules provide clear, concise information on requirements, best practices and more.
But our training doesn’t stop there. We also have partnerships with global AML and financial crime experts who can also provide you with data driven risk assessment tools to help you be more aware and responsive to potential threats as they arise.
Anti-Money Laundering Compliance
Our anti-money laundering (AML) compliance courses provide you and your team members with a better understanding of your company's obligations under the Bank Secrecy Act, the Patriot Act, and under Office of Foreign Assets Control sanctions regulations.
Human Trafficking & Financial Crime
Our trafficking awareness curriculum includes instruction on the intersection between trafficking and financial crime to help your team be more effective in accurately attributing human trafficking suspicious activity on SAR reports.
Anti-Bribery & Corruption Compliance
We also offer a variety of anti-bribery and corruption education resources that address global laws and standards to help your company be better able to ensure compliance with local, state, federal and international requirements.
Illicit funds from human trafficking represent a significant money laundering concern.
As one of the world’s fastest growing criminal enterprises, human trafficking and the illicit funds generated by trafficking activity present a significant money laundering and financial crime threat to businesses with an obligation to report suspicious financial activity.
According to FinCEN, human trafficking occurs in a broad range of legal and illegal industries, and financial “transactions involving proceeds generated by human trafficking can be the basis for federal criminal charges and asset forfeiture, as human trafficking and associated crimes constitute specified unlawful activities (SUAs) for the crime of money laundering”*.
*Source: FinCEN Advisory “Supplemental Advisory on Identifying and Reporting Human Trafficking and Related Activity”, October 15, 2020.
