Introduction
- Typical money mule networks.
- Money laundering and terrorist financing risks posed to the organization by money mules.
- Emerging trends and techniques used by criminals for recruiting and exploiting money mules.
- Typically observed red flags or warning signs for identifying potential money mule activity.
- Various identifiers that can be leveraged to detect money mule accounts.
- Proactive strategies and innovative approaches that can be organized to protect the organization and its customers.
Key Learning Objectives
- Understand how to recognize the signs and patterns indicative of money mule operations within financial transactions and customer behavior
- Learn about AML frameworks and CDD processes required to prevent the establishment and utilization of money mule accounts
- Learn about available analytics and transaction monitoring tools to detect and respond to suspicious activities in real-time, enhancing overall institutional defenses.
Sharad Nair
Sharad has an experience of 28 years in various aspects of banking. He has held portfolios including heading credit & forex, branch banking, learning and development and has a successful track record of working in Foreign Banks and Private Sector Banks in India and the Middle East. Sharad had a long stint with Axis Bank, India where he was Principal Officer and Head AML Compliance.
Registration
ABOUT FINTELEKT
Fintelekt Advisory Services Pvt Ltd is one of the Knowledge Partners of the ABA. It is a specialist in training and advisory in anti-money laundering (AML) and countering the financing of terrorism (CFT) within banking and financial services sectors. It systematically invests its time and effort in building the skill level of professionals working in the banking and financial sector by assimilating and dispensing industry-reviewed best practices and knowledge.
