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Singapore Anti Money Laundering Training / Counter Terrorist Financing: Based on the Silkscreen Consulting training courses that have been presented to organisations, regulators and enforcement agencies around the world since 1994, the Quick To Learn More e-learning programme is the only AML / CFT e-learning system recommended by the ASEAN Bankers' Association for bankers in ASEAN countries. For Singapore the system addresses the following: Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDTA) (Chapter 65A.) As amended Corruption (Confiscation of Benefits) Act 1989 Mutual Assistance in Criminal Matters (Chapter 109A) Arms and Explosives Act (Chapter 13) Banking Act (Chapter 19) Terrorism (Suppression of Financing) Act 2002 - Monetary Authority of Singapore Anti Money Laundering Guidelines for Securities, Insurance and Banking Industries. - Association of Bankers' in Singapore guidelines Market Segments include - A variety of banking sectors from retail banking, credit etc. cards, treasury and offshore sectors - Life assurance, pensions, unit trusts - Money changers, money transmission services - Capital markets intermediaries including stockbrokers - Accountants and auditors - Lawyers in various market segments - many more On completing this course, your organisation's staff will - understand money laundering and how criminals use organisations like yours and - critically - the precise business area each member of staff is engaged in - understand "know your customer" including problem areas - Identify suspicious transactions - Understand the laws of Singapore, and the rights and obligations of each of your organisation, themselves and their colleagues - Understand the consequences for individuals, organisations and society of money laundering and why it is so important to curtail it. - Understand the differences between laundering proceeds of crime and money intended to fund future crime including terrorist financing - Know about international initiatives - Read case studies - Demonstrate their knowledge and understanding through recorded testing Optional modules (available for individual users): The USA PATRIOT Act and OFAC, etc, for non-US financial institutions. Note: this course can be easily integrated with courses relating to other jurisdictions, so meeting the requirement of MAS for training in relation to both the home and host jurisdictions for institutions based in Singapore and operating internationally. Your organisation will - be able to monitor your user's progress and test scores - be able to produce reports for presentation to the Board and for regulatory inspections - be kept up to date through out the training period with no update charges. - be able to incorporate your own practice and procedures manual into the training material Note: this course can be easily integrated with courses relating to other jurisdictions, so meeting the requirement of Regulators for training in relation to both home and host jurisdictions for institutions operating internationally. Enquiries: Telephone: |