Trade-Based Money Laundering (Tbml) Essentials
Published 10/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 2.29 GB | Duration: 4h 11m
Gain a strong understanding of Trade-Based Money Laundering (TBML) and its typologies
What you'll learn
Understand the products and structures of international trade
Learn the key elements of international trade
Develop an understanding of Trade-Based Money Laundering typologies
Learn how bank mitigate the risks of Trade-Based Money Laundering
Requirements
No previous knowledge required - an overview of money laundering is also included
Description
Trade-Based Money Laundering (TBML) is a niche topic with the AML profession. Often misunderstood or not presented in depth in many courses.In this course, we will discover how International Trade works through exploring its structures and products. We will examine the range of different typologies that Trade-Based Money Launders use to conduct TBML. Finally, we will discover how Banks and other Financial Institutions combat - or try to limit - the effect of Trade-Based Money Laundering. International trade is the exchange of capital, goods, and services across international borders or territories[1] because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, scramble for Africa, Atlantic slave trade, salt roads), its economic, social, and political importance has been on the rise in recent centuries.Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states factors like currency, government policies, economy, judicial system, laws, and markets influence trade.To...
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