Trade-Based Money Laundering (Coming Soon)

In this comprehensive online course, delve into the critical realm of Trade Based Money Laundering (TBML).

Course Description

Trade-based money laundering is covered under the larger Anti Money Laundering (AML) investigative and compliance domain - an important regulatory and enforcement domain.
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This BITE U Course covers TBML, and focuses on helping organizations identify professional money launderers and terrorist financing networks that exploit international trade to move value through trade transactions in an attempt to legitimize their illegal origin or finance their activities. Trade-based money laundering is difficult to detect, particularly as online business increases the speed of trade operations.

Our experts help identify to tools to support Enhanced Due Diligence (EDD) and Know Your Customer's Customer (KYC-C), by providing additional data points such as the BITE List, that do not exist on other platforms.

Trainees will get key regulatory data points fro groups such as FinCEN, and understand the different TBML categories that are critical to understand, identify and mitigate in your financial transactions.
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Comprehensive supply chain risk intelligence and analytics

Subscribe to BITE U's training library

Subscribe to this course and the entire BITE U library for you and/or your organization.

• Pro Plan Required*
• Over 42 individual lessons
• Individual and team learning

Pricing

Get Started

* Starting at $59/month/user, access all training modules and includes Enterprise License features.

Outcomes

What you'll learn

Monitoring global watchlists for trade compliance

Get an understanding of what constitutes TBML as defined by groups such as FinCEN.

Get a clear picture for how BITE helps in TBML compliance, especially with regard to Enhanced Due Diligence Practice and Know Your Customer's Customer.

Implementing effective risk management strategies and controls to mitigate TMLB risks and use data such as that o the BITE List to increase your compliance blanket.

Navigating regulatory requirements and industry standards related to TBML ensuring compliance with legal obligations and best practices.