Anti-Money Laundering
Anti-Money Laundering
- Kenya’s strategic location in East Africa has made it an economic hub and powerhouse.
- This has ensured that the economy of the nation stays afloat even in the face of adversity.
- The advantageous position has also come with its share of challenges, key being terrorist activities and money laundering.
- Scandals involving colossal amounts of money have been brought to the fore.
- Financiers of terrorism have left the nation devastated after attacks on businesses and civilians.
- The incidents have made Kenyan authorities to institute strict measures aimed at curbing money laundering and financing of terrorist activities.
This course will take you through an understanding of money laundering. At the end of the course, you should be able to:
- Understand what amounts to money laundering and the 3 stages involved (placement, layering, integration)
- Understand how to combat money laundering and terrorism financing
- Appreciate contemporary trends in money laundering
- Institute controls aimed at curbing money laundering
- Understand laws governing money laundering – AML Framework in Kenya
- Appreciate the role of accountants in combating money laundering
- Ability to define the 3 stages involved in money laundering
- Be able to institute controls aimed at curbing money laundering activities
- Grasp the laws and frameworks governing money laundering in Kenya
- Be aware of the current trends in money laundering and terrorism financing
- Effectively play your role as a professional in combating money laundering
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You must complete watching the video to earn the 3 CPD Units
