Mar 13 Mumbai

Trade Based Money Laundering - Red Flags and Preventive Due Diligence

Training dates - March 13-14, 2020

Training location - Mumbai

Training fees - ₹40,000 + applicable taxes




Programme Objectives


Compliance with ‘Anti-Money Laundering’ standards has become necessary for ensuring risk free Trade transactions in India and across the world. Towards achieving uniformity across divisions, across employee segments and across nature of Trade transactions, a comprehensive 2-day awareness module is proposed to provide advanced knowledge and understanding in Trade Based AML standards and to develop the professional competence of the front-end as well as transaction handling employees of the bank. At the end of this module, the participants would be well aware on the types of transactions and instances where a Red Flag would need to be raised. It would also induce the employees, particularly at the front-end, TO THINK BEYOND THE APPARENT.


The programme will benefit


  • Branch Bankers in a front-end client facing role in the Trade Finance spectrum
  • Employees in the Compliance and Product development roles in Trade Finance
  • Employees part of Operational risk and Credit risk from Trade Finance perspective
  • Senior team members in the Trade Operations department of the bank



  • Participants would need to have worked in the Trade Finance space for at least 3 to 5 years
  • Awareness of different types of Trade transactions being handled by the banks in India
  • Need to be hands-on with the Trade transactions either as a Transaction executor, approver, risk manager or as part of Trade product development

Course Outline


Following pointers will be followed to ensure maximum interest level is retained and core essence of this 2-day module is also achieved:


  • Types of Transactions being handled with examples
  • Nature of risk associated with each transaction, including related party (group parties) transactions
  • Various documents/ information to be corroborated for each transaction
  • What stage of the transaction should be relevant RED Flag be raised
  • Guidance on due diligence to be done by staff upon encountering the red flag