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TRADE BASED MONEY LAUNDERING (TBML) DETECTION & PREVENTION

pencil CPE: Pending approval

calendar 15 October

clock 8.00am until 5.00pm

location Castille, Casa Leone, Floriana

Trade based money laundering is one of the most prevalent yet hidden forms of money laundering.  A crime that both disguises and billions in criminal proceeds.

Therefore this course is essential for finance professionals, regulators, auditors, investigators, intelligence officers, compliance officers, and operations’ managers.

Specifically, the course covers business-to-business risk (including cross border business relationships and operations) and how trade-based money laundering is a wheel of organised crime. Equally, the attractiveness and vulnerability of each trade channel, and products used to disguise and move criminal proceeds.

  • The course takes a thorough and practical delivery approach.  We will use presentations, skills, interactive group activities, multi-directional discussions and case studies which differ in involvement and complexity.
  • A full case study will be issued as a ‘walkthrough’ of the program content

Candidates may be eligible to claim part of the cost incurred under the Investing in Skills Scheme.  Click here for further information.  Applications forms must be received by the Investing in Skills Unit at least 21 calendar days before start date of training.

A discounted price is available for students.  Booking is subject to availability and on presentation of a valid student card.

For full programme and registration form please click the pdf file below.

TBML.pdf



Course Objectives 


Delegates will apply positive responses and outcomes to the following challenges:

  • Identify crimes that are the ‘trigger points’ of money laundering, such as fraud and corruption
  • Handling trade and finance-related documentations and systems which represent money laundering risk
  • Identifying where and how your  organization has been caught up in trade-based money laundering
  • Red flag suspicious activity and indicators of cross border international trade transactions
  • Managing everyday issues in business which carry trade- based money laundering risk


Program Outline

0800 – 0830         Welcome and Registration

0830 – 0900         Introduction to Trade Based Money Laundering

0900 – 1000         Detection

                                - money laundering defined

                                - ‘No money, no laundering’ - Predicate crimes?

                                - Trade-based money laundering. Clear examples and concepts

                                - Key money laundering detection skills

                                - Nature and value of payment – ordinary course of business?

1030 – 1045         Coffee Break

1045 – 1215         Detection

                                - Appraising a large-scale TBML scenario

                                - Originator; behaviours

                                - Beneficiary: behaviours

1215 – 1300         Lunch Break

1300 – 1500         Prevention

                                A brief review of the (applicable) global legal framework

                                Enhanced due diligence and screening

                                Trade finance

                                Third parties and operation. Vulnerability to compliance risk ‘Product compliance’ risk

                                New and emerging methods of TBML

                                Trade Based money laundering risk governance (including sanctions)

1500 – 1515         Coffee Break

1515 – 1615         Case Study with extended international trade-based money laundering scenario

1615 – 1700         Open Q & A Session tying in all points of the course


About the Speaker

Ian Ross has 30 years’ experience in compliance management and the investigation of financial crime. A former UK police officer now established in key international commercial sectors. Supporting regulators, main industries, national banks, multi-national corporate entities, and international law enforcement.


  • Accredited Counter Fraud Specialist (ACFS)
  •  ‘Listed expert’: Cour pénale international (The International Court of Justice (The Hague)
  • Fellow: Chartered Management Institute (FCMI)
  • Trainer: ‘ACAMS’


A highly sought-after global trainer, specializing in investigations, compliance, and anti-fraud, corruption and money laundering policies and process.


A regular presenter at international events and conferences.

Tags: Trade Based Money Laundering, Money Laundering, Money Laundering Detection, Prevention