New York, NY (PressExposure) March 01, 2009 -- Edcomm Bankerâs Academy will give out a free training CD of Focus on Anti Money Laundering for Saudi Arabia in English and Arabic at the 1st Annual Compliance and Anti Money Laundering (AML) Seminar in Riyadh, Saudi Arabia. The CD will be available to those who attend the Seminar on March 24 and 25, 2009, to learn about the AML laws and regulations that are specific to financial institutions in Saudi Arabia.
Dr. Linda Eagle, president and co-founder of The Edcomm Group Bankerâs Academy, will be leading two panel sessions at the Saudi Arabian AML Conference. Dr. Eagle will lead panel discussions entitled: âHow Is Corporate Governance a Compliance Issue? What Are the Risks?â and âRisk Management & Internal Controls â KYC for Banks.â
Money laundering in Saudi Arabia is an enduring problem. The country continues to take steps to combat money laundering and has focused on the fight against terrorist financing. Saudi Arabia has implemented many of the provisions of the Financial Action Task Force (FATF) Forty plus Nine Recommendations. The Kingdom of Saudi Arabia has been at the forefront of international efforts in fighting terrorism and combating money laundering activities.
Focus on Anti Money Laundering for Saudi Arabia, from Edcomm Bankerâs Academy, teaches bank employees about AML laws in Saudi Arabia and familiarizes them with their companyâs own policies and procedures. Through this interactive course, students learn everything they need to know to detect and prevent money laundering. The program begins with an explanation of Money Laundering and then goes on to cover: the History of Global Anti-Money Laundering; the Financial Action Task Force (FATF); Customer Due Diligence (CDD); Detecting AML Activities - Red Flags; and Reporting AML Activities. Focus on Anti Money Laundering for Saudi Arabia can be customized to meet the needs of every Bank, Credit Union, or Money Services Business (MSB) and is regularly updated to include changing laws and policies.
For more information about multilingual, multicultural training programs, or to find out how The Edcomm Group Bankerâs Academy can customize any training program in any language, for any country, log onto http://www.bankersacademy.com or call 888-433-2666.
The Edcomm Group Bankerâs Academy is a 22-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Bankerâs Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).