Trade-Based Money Laundering

Understand and combat the different forms and methods of trade-based money laundering. Learn about the different forms of trade-based money laundering, including VAT fraud and underground financial systems. You’ll also examine trade-based money laundering methods like short shipping and informal money transfer systems like the Black-Market Peso Exchange. After taking this certificate you’ll have the skills to integrate trade-based money laundering controls within your existing AML/CTF programs.

Course syllabus:

  1. Describe the purpose, appeal, and methods of trade-based money laundering

  2. Assess the AML risk profile of proposed trade transactions

  3. Integrate TBML controls with your existing AML/CTF program