Webinar: Key Challenges and Best Practices to Detecting Trade-Based Money Laundering
A 2016 US Congressional Research Service Report describes trade-based money laundering, or TBML, as “among the most challenging and pernicious forms of money laundering to investigate,” and cites U.S. government estimates that suggest billions or even tens of billions of dollars in illicit wealth is laundered through TBML schemes each year.
This 30 minute webinar will provide insight into today’s key challenges and discuss best practices in preventing trade-based money laundering. Corporate compliance officers need to implement an Anti-Money Laundering (AML) system to prevent your company from aiding in such criminal schemes while training your personnel to “know your customer” and be aware of red flags. [Listen to Recording]