TGS-2024049103
Detecting Money Laundering Tactics
- Program Duration: 2 Days (17.5 Hours)
- Program Fees: SGD1,200
- Level: Intermediate
- Mode of Training: Classroom In-Person Training
- Funding Validity Period: 17-09-2024 to 01-09-2026
Upcoming Program Dates
- 21-22 August 2025
Dive into anti-money Laundering and Counter-Terrorism Financing Strategies with a focus on Digital Assets Sectors
Overview
When it comes to financial integrity, no risk is worth taking. Strengthen your organization’s defenses against illicit activities with ESSEC Professional Education Academy’s specialized program, designed to empower participants with the skills needed in Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF).
As global financial systems expand, money laundering and terrorism financing have grown increasingly complex and transnational. Emerging technologies like virtual currencies in gaming, NFTs, and cryptocurrencies present new challenges that require advanced risk mitigation strategies.
In response, regulatory bodies around the world are ramping up scrutiny of financial transactions to enforce compliance with ever-evolving AML and CTF regulations.
Our intensive 2-day program helps you stay ahead of these evolving threats by identifying red flags, analyzing real-world cases, and delving into the complexities of sanctions and derisking in the context of AML and terrorism financing.
About the Program
The rapid evolution of financial networks and emerging FinTech innovations, such as virtual currencies in gaming, cryptocurrencies, and NFTs, have opened new channels for money laundering and terrorism financing. As a result, accounting firms and other financial institutions face increasing regulatory scrutiny and must adhere to ever-tightening Anti-Money laundering (AML) and Counter-Terrorism Financing (CTF) regulations.
Program Highlights
Embark on a transformative learning journey that effectively bridges the gap between theory and practice. Our program is designed to ensure that the skills you acquire can be readily applied to meet your specific business needs.
Here is what you can expect:
- Innovative Teaching Methods: Engage with a variety of pedagogical approaches, including experiential learning, interactive case discussions, and collaborative exercises that foster deep understanding and critical thinking.
- Expert-Led Sessions: Gain valuable industry insights as our distinguished trainers, alongside experts, guide you through advanced training sessions that cover the latest developments in the field.
- Practical Application Focus: Immerse yourself in real-world scenarios that facilitate the seamless translation of knowledge into actionable skills for immediate application in your workplace.
- Individual Assessment: Conclude the program with a comprehensive Individual Assessment designed to evaluate your mastery of key concepts and skills, ensuring you leave with a clear understanding of your progress and areas for growth.
This program is tailored to empower you with the knowledge and tools needed to excel in your role, ultimately enhancing your professional effectiveness in combating financial crime.
Learning Outcomes
What you will learn:
Understand Key Frameworks
Evaluate the Frameworks Critically
Recognize Red Flags
Navigate Digital Challenges
Learn from Real-World Cases
Assess Sanctions and De-Risking Strategies
This program is designed to empower participants with the essential skills and knowledge to:
Understand Key Frameworks:
- Define and explain the 6 major frameworks related to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF), enabling a comprehensive grasp of regulatory structures.
Evaluate the Frameworks Critically:
- Analyze the strengths and weaknesses of each framework in the context of AML and CTF, providing a balanced perspective for practical application.
Recognize Red Flags:
- Identify and articulate the key indicators of money laundering activities, enhancing your ability to detect suspicious behavior effectively.
Navigate Digital Challenges:
- Examine the complexities introduced by emerging technologies and currencies in the digital landscape, understanding the unique challenges they present to AML and CTF efforts.
Learn from Real-World Cases:
- Extract actionable insights from real money laundering cases, discerning critical lessons and determining effective strategies for risk management.
Assess Sanctions and De-Risking Strategies:
- Interpret the advantages and limitations of sanctions and de-risking approaches, understanding their implications for combating money laundering and terrorism financing.
By the end of this program, participants will be equipped to tackle the challenges of financial integrity in an increasingly complex global landscape.
Who should attend
This program is designed for professionals working in finance and banking, as well as those dealing with digital assets, who are looking to enhance their expertise in Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) to strengthen financial security within their organizations.
Professional Requirements: A minimum of 3-5 years of relevant work experience.
Ideal for:
- Banking Professionals
- Compliance Officers
- Blockchain or Cryptocurrency Specialists
- Financial Service Providers
- Accountants
- Legal and Regulatory Officials
- Risk Assessment Managers
- Digital Economy/Virtual Goods Managers
Award
Participants are required to achieve a minimum attendance of 75% in each program and demonstrate their competency through assessments to earn a Certificate of Completion from ESSEC Business School and a WSQ Statement of Attainment.
Program Registration
Registrants are required to submit the following supporting documents via the registration system at the point of registration:
- Highest qualification certificate (scanned copy); and
- Updated Curriculum Vitae
Fees and Funding
| Individual Sponsored | |||||
|---|---|---|---|---|---|
| Singapore Citizens (40 years old and above) | Singapore Citizens (21 -39 years old) & PR | Full Course Fee (For Foreigners and those not eligible for subsidies) |
|||
| Course Fees (Before GST) | $1,200.00 | Course Fees (Before GST) | $1,200.00 | Course Fees (Before GST) | $1,200.00 |
| 9% GST | $108.00 | 9% GST | $108.00 | 9% GST | $108.00 |
| 50% Baseline Funding | -$600.00 | 50% Baseline Funding | -$600.00 | ||
| 20% Mid-Career Enhanced Subsidy | -$240.00 | ||||
| Nett Fee | $468.00 | Nett Fee | $708.00 | Nett Fee | $1,308.00 |
| Company Sponsored (SME) | |||||
|---|---|---|---|---|---|
| Singapore Citizens (40 years old and above) | Singapore Citizens (21 -39 years old) & PR | Full Course Fee (For Foreigners and those not eligible for subsidies) |
|||
| Course Fees (Before GST) | $1,200.00 | Course Fees (Before GST) | $1,200.00 | Course Fees (Before GST) | $1,200.00 |
| 9% GST | $108.00 | 9% GST | $108.00 | 9% GST | $108.00 |
| 50% Baseline Funding | -$600.00 | 50% Baseline Funding | -$600.00 | ||
| 20% Enhanced Training Support for SMEs | -$240.00 | 20% Enhanced Training Support for SMEs | -$240.00 | ||
| Nett Fee | $468.00 | Nett Fee | $468.00 | Nett Fee | $1,308.00 |
| Company Sponsored (Non-SME) | |||||
|---|---|---|---|---|---|
| Singapore Citizens (40 years old and above) | Singapore Citizens (21 -39 years old) & PR | Full Course Fee (For Foreigners and those not eligible for subsidies) |
|||
| Course Fees (Before GST) | $1,200.00 | Course Fees (Before GST) | $1,200.00 | Course Fees (Before GST) | $1,200.00 |
| 9% GST | $108.00 | 9% GST | $108.00 | 9% GST | $108.00 |
| 50% Baseline Funding | -$600.00 | 50% Baseline Funding | -$600.00 | ||
| 20% Mid-Career Enhanced Subsidy | -$240.00 | ||||
| Nett Fee | $468.00 | Nett Fee | $708.00 | Nett Fee | $1,308.00 |
**GST is charged based on the full course fees.
SME Eligibility Criteria
Registered or incorporated in Singapore
Employment size of not more than 200 (at group level) or with annual sales turnover (at group level) of not more than $100 million
For more information, please click here
Trainer Profile
Mr. Sanjeev Gathani
Anti-Money Laundering Specialist
Certified Fraud Examiner
With over two decades of experience and professional credentials, including an ACAMS certification and an ICA Diploma in AML (awarded with Merit), Sanjeev Gathani is a trusted expert and advocate in the anti-money laundering (AML) and countering the financing of terrorism (CFT) landscape. As a certified compliance specialist, he has partnered with governments, financial institutions, corporations, and civil society organizations to fortify their anti-financial crime frameworks and enhance regulatory compliance.
Sanjeev offers not only technical expertise in identifying systemic flaws and points of failure but also an engaging and relatable approach to AML/CFT training. His approach allows teams, from operational staff to senior executives, to grasp complex regulatory frameworks and operational strategies with clarity and relevance. Through his comprehensive and insightful training, Sanjeev empowers institutions to foster a culture of awareness and proactive prevention. His guidance ensures that organizations remain resilient and vigilant against evolving financial threats, ultimately positioning them at the forefront of financial integrity and security.
Sanjeev is a WSQ Advanced Certificate in Learning and Performance (ACLP) certified trainer.
Apply Now
With limited places available, secure your spot today.
For inquiries about this program or to express your interest, please contact us at david.lim@essec.edu
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