AML Training Introduction

Course overview

Money laundering and terror financing are the most negative elements that has adverse effects on country`s economy. To mitigate such effects Government set out some rules and regulations to counter such elements which organization will implement in its organization.

Money laundering is generally described as the process by which criminals attempt to hide or disguise the true origin and ownership of the proceeds of their criminal activities, including terrorist financing, thereby avoiding prosecution, conviction and confiscation of criminal funds. The prevention of terrorist financing is included in all the Firm’s policies, procedures, systems and controls for the prevention of money laundering.