This comprehensive program offers a deep dive into the intricate world of trade, export controls, and trade compliance, tailored to provide participants with the foundational knowledge and practical skills required in the rapidly evolving global market landscape. Covering a wide range of topics, this certificate program is segmented into four core modules, each supported by case studies, quizzes, and further reading materials to enhance the learning experience.
Module 1 focuses on the fundamentals of trade. Participants will embark on a journey through the essentials of trade, exploring the distinctions between imports and exports, understanding the nuances of export documentation, and grasping the processes behind exporter CDD/KYC. Real-world applications are illustrated through a case study, delving into the broader export controls implemented by banks. An encompassing multiple-choice quiz and a curated list of further readings provide opportunities for learners to reinforce their knowledge.
Delving deeper into the regulatory aspect, Module 2 introduces participants to the realm of trade compliance. The content sheds light on the core concepts of compliance and, more specifically, trade compliance. A significant portion is dedicated to understanding trade-based anti-money laundering requirements, with a focus on FATF guidance on the topic. To provide context, the module dives into the risks inherent in trade transactions and offers insights into risk mitigation. A hands-on case study on planning and monitoring trade transactions provides a practical perspective, equipping participants with actionable strategies for real-world application.
Module 3 provides a thorough overview of trade-based money laundering (TBML). Participants will understand the core concept of money laundering, its stages, and the predicate offenses associated with it. This module will also detail the various methods criminals employ to exploit trade for illicit purposes. This understanding will be further enriched with a case study examining how organizations effectively monitor their trade transactions, offering a practical lens through which participants can view the theory.
The final leg, Module 4, delves into the specifics of setting up a robust trade-based anti-money laundering program. From understanding governance structures to recognizing red flags in trade transactions, participants will be equipped with the knowledge to establish and oversee an effective TBAML program. Insights into the roles of TBAML management committees, TBAML Reporting Officers, and the intricacies of TBAML reviews and reporting are provided. A case study focusing on AML/KYC documentation ensures that learners can bridge theory with practice.
Upon successful completion of the four modules and their respective assessments, participants will be awarded the “Certificate in Trade Compliance and Export Controls,” signifying their proficiency in the domain. This program serves as a beacon for professionals aiming to excel in the complex world of global trade and compliance.
