Billions of dollars are lost by Nigeria and other African countries to the evils of Trade Based Money Laundering (TBML) and Illicit Financial Flows (IFFs) every year.
These leakages expose Nigeria, at this tipping point, to the highly volatile global commodities market, unfavourable foreign exchange regime and very vulnerable supply chains. Inadequate competencies and poor skills on implementing effective countermeasures continue to limit the capacity of our Banks, other Financial Institutions, Customs Agencies, Tax Authorities, Law Enforcement Agencies (LEAs), Free Trade Zones and other Regulatory and Supervisory bodies, on how to effectively disrupt these illicit activities.
Our 2024 Master of Compliance (MoC) Program in Houston, has therefore been packaged to dimension these evils and train Trade Finance Desk Officials, Customs Officers, Tax Administrators, Insurance Practitioners, Shippers and Shipping Agents, Regulatory Authorities, Supervisory Bodies, Law Enforcement Agencies (LEAs) and all other professionals and stakeholders on how to mitigate these nefarious activities.
COURSE OBJECTIVES
- To equip participants with requisite knowledge and advanced skills to combat Trade-Based Money Laundering (TBML) and Illicit Financial Flows (IFFs)
- To teach participants how to identify and assess transactions associated with TBML and IFFs
- To expose participants to the different types of fraudulent schemes associated with TBML and IFFs and how to mitigate them
- To train participants on how to recognise the various redflags associated with Trade-Based Money Laundering, Transfer Pricing-Based Money Laundering and Illicit Financial Flows
- To facilitate a deeper understanding of institutional vulnerabilities to TBML and IFFs and how to implement controls.
For enquiries, please send a message to info@datapronigeria.net
To register and make payment, please click the button below.