AFC Trends & Typologies: Trade-Based Money Laundering TBML and Dual-Use Goods
Overview
Trade-based money laundering (TBML) is a method criminals use to transfer illicit funds across borders by manipulating trade transactions, including over- or under-invoicing and misrepresenting goods. Dual-use goods — items with both civilian and military applications — pose a unique risk within TBML schemes due to their legitimate uses, making them challenging to monitor and control. This webinar will cover TBML techniques and how dual-use goods increase vulnerabilities in trade finance. Attendees will gain insight into identifying red flags, managing risks associated with dual-use goods and navigating regulatory requirements. By understanding the latest TBML trends and compliance practices, participants will be better equipped to implement controls that prevent misuse of trade systems for financial crime.
Learning Objectives
Investigating advanced detection techniques for TBML patterns, including ways to detect manipulation in invoices, pricing discrepancies and unusual trade routes in cross-border transactions
Enhancing risk assessment for dual-use goods by identifying dual-purpose items that pose higher risks and developing robust monitoring frameworks
Implementing and optimizing compliance controls to align with evolving regulatory requirements, including automated transaction monitoring and data analysis to detect red flags in trade flows
Who Should Attend?
- AFC Professionals
Topics
- Anti-Money Laundering and Countering the Finance of Terrorism
- Money Laundering Typologies
- Trade-based Money Laundering
Industries
- Financial Services
- Banks
- Investment Banks
Regions
- Australia
- East Asia and Pacific
- South Asia
- Europe and Central Asia
- Jurisdictions
Level
- Advanced
Pricing
- Webinars are available one year following purchase.
- Access every ACAMS webinar live or on demand
- Get cutting-edge insights from industry experts
- Earn ACAMS credits