Anti-Corruption and Anti-Money Laundering & Financial Crime

Corruption and money laundering are synergistic; they tend to occur together, and the presence of one tends to reinforce the other. Across the world, existing anti-corruption and money laundering legislation is being revised and strengthened, new legislation is being promulgated, and even laws enacted in other countries can directly impact a multi-national organization. Citizens around the globe are demanding that their political leaders be held to a higher standard of ethical conduct.

Content

• Introduction to the money laundering regulations
• The proceeds of crime and terrorist acts
• The financial services and markets acts
• Framework for anti-money laundering and anti-bribery and corruption measures
• The United Nations Convention against Corruption and the global anti-corruption framework
• Present Day–Corruption and Money Laundering
• Audit of Anti-Money Laundering and Anti-Corruption Programs
• Preventive measures

1. Criminalization and law enforcement
2. International cooperation
3. Technical assistance and information exchange.
4. Mutual Legal Assistance and International Cooperation

Learning Objectives:

• Understand the craft and dynamics of corruption and money laundering
• Be able to identify and explain the law concerning money laundering
• Understand anti-corruption acts and the implications for economies
• Understand enforcement of the law concerning money laundering and anti-corruption
• Understand the future trends and the rise of the anti-corruption professionals
• Be able to explain why anti-bribery measures and procedures are essential
• Be able to explain the concept of money laundering and understand its impact on both the financial services sector and the national economy
• Apply a holistic approach to corruption risk mitigation
• Be able to identify potential bribery risk situations and circumstances.