Module 1 – Money Laundering – Introduction to AML/CFT
English: only as live-webinar or in-house-training
Objectives
Gain insights on the course of money laundering processes, and the combination of different typologies. Likewise, learn to situate the different typologies in the entire scope of the fight against money laundering. In other words, the crime timeline. After the training, you will know all about the typologies used in non-cash-based economies (financially included parts), and cash-based economies (financially excluded parts). Subsequently, you will develop an attitude of so-called professional skepticism, to make you aware of how money laundering might actually be involved in your professional work environment. Besides, you will develop a questioning mind, and undergo a critical assessment of possible clues (typologies).
Module 4 – Money laundering – Modus operandi
English: only as live-webinar or in-house-training
French – Info
Objectives
This training will teach you everything about the course of the money laundering processes, and the combination of different typologies and indicators. Likewise, you will learn to locate the different typologies and indicators in the scheme of the fight against money laundering (crime timeline). In the past years, the domain of money laundering and financing of terrorism has become more and more specialized and professionalized. The time that criminals laundered their criminal money themselves (self-laundering) is in the past. Moreover, new types of money laundering techniques are appearing. Yet, old techniques are constantly evolving. In essence, the final goals stay the same: giving criminal money a legal appearance. Looking at the history of money laundering, we can identify all sorts of techniques (modi operandi) at different time lapses. In essence, some techniques are the same, but slightly adopted to new developments in society (e.g. extreme quick evolution of ICT, globalization, and so on). One of these techniques is Trade Based Money Laundering (TBML), which has existed for a long time, but has now evolved into a complicated technique which is very difficult to detect. At the end of the training, you will have an insight in the most important money laundering techniques at this moment.
Module 2 – Money laundering – Underlying crimes – Non-financial and financial crimes
English: only as live-webinar or in-house-training
Objectives
This training will teach you everything about the development of the money laundering processes, and the combination of different typologies. Likewise, you will learn to locate the different typologies in the scheme of the fight against money laundering (crime timeline). After the training, you will know everything about the typologies used in non-cash-based economies (financially included part), and cash-based economies (financially excluded part). Subsequently, this training also aims to teach you an attitude of professional skepticism, with the aim of making you aware that money laundering may be involved in your professional work environment, as well as teaching you to develop a questioning mind and a critical assessment of possible clues (AML/CFT typologies and indicators).
Module 5 – Fight against financing of terrorism in relation to money laundering
English: only as live-webinar or in-house-training
Objectives
Financing of terrorism and money laundering are always mentioned in one breath. Nevertheless, there are differences between both; there is also a nexus. One of the ties between both is that financing of terrorism is using the same techniques as money laundering to move the money. A condition to understand the financing of terrorism is to understand how money laundering works. What typologies techniques are being used? That is why the process of money laundering is being explained, followed by the working of the processes of financing of terrorism. Both are being realized in three stages. As the money laundering process counts three stages (injection, layering, and integration), there are also three stages in the terrorist financing process: collection, movement, and distribution. This FT-process is mainly about moving the funds between terrorists without being detected. One of the characteristics is that the same techniques (typologies) are used in money laundering. Of course, there are also differences. In this course, similarities and differences are being explored, to comprehend the working of both. At the end of the training, you will have insights into the most important money laundering techniques that are being used at this moment, and also insights into those ML-techniques that are also used by financiers of terrorism.
Criminal investigation on fraudulent bankruptcy
English: only as live-webinar or in-house-training
Objectives
Criminal investigations into crimes related to the state of bankruptcy require special expertise, and demand ever higher quality standards, both in terms of content, and form. In practice, the most accurate and complete research should be carried out into the evolution of the full financial and asset situation of the bankrupt from its inception to bankruptcy. A schedule will be drawn up, indicating various sources and information, which may be used during the course of an investigation. This training is a source of inspiration for all those who want to learn about the investigation of fraudulent bankruptcies, and more specifically for magistrates when instructing research and giving associated assignments.
Module 3 – Money Laundering – Cybercrime
English: only as live-webinar or in-house-training
Objectives
This training will teach you how to gain insights into the development of the money laundering processes, and the combination of different typologies and indicators. Likewise, you will learn to locate the different typologies and indicators in the scheme of the fight against money laundering (crime time). After the training, you will have gained insights into the techniques handled by money launderers, using all sorts of cyber tools. Likewise, you will gain insights into all sorts of organized cybercrime, such as Boiler Room Fraud, Recovery Room Fraud, CEO Fraud, Ponzi Fraud, and Pyramid Fraud. At the end of the training, you will know everything about the most important cybercrime, generating big sums of criminal money, and the most important cyber laundering techniques.
Module 6 – Learning to recognize money laundering typologies, and cipher professions
English: only as live-webinar or in-house-training
Objectives
The anti-money laundering bill and the 40 FATF Recommendations oblige all reporting entities, in particular the cipher professions, to report atypical (financial) transactions to the Financial Information Processing Unit (FIU) in the fight against money laundering and terrorist financing. As money laundering has evolved into a professional organized activity, appeal to the knowledge of legal and cipher professions has become more and more essential. They are also called gate-keepers because they are supposed to guard the border to the legal economy. You could call them guardians to the entry of the legal economy as well. This training is especially aimed at these cipher professions, to learn to detect and to recognize money laundering techniques, and indicators used by money launderers. At the end of the training, cipher professions will have insights into the most important money laundering techniques, and indicators used by money launderers.