![UAE AML - Identifying, dealing and reporting suspicious transactions](https://fintedu.com/pluginfile.php/2977/course/summary/fintedu_UAE%20AML%20-%20Identifying%2C%20dealing%20and%20reporting%20suspicious%20transactions%20%20%281%29.jpg)
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Participants would learn about identifying, dealing with, and reporting suspicious transactions
OVERVIEW
Topic 1 - Understanding Money Laundering : This would include learning about the concept of money laundering, how it works, and why it's illegal. Participants might also gain insights into the various stages of the money laundering process.
Topic 2 - Due Diligence Procedures : Individuals would be taught about the importance of due diligence procedures in preventing money laundering. This could involve knowing your customer (KYC) procedures, customer identification, and verification processes.
Topic 3 - Recognizing Suspicious Transactions : Attendees would learn how to identify transactions that could potentially be linked to money laundering activities. This could involve understanding red flags such as unusually large transactions, frequent transactions below reporting thresholds, transactions involving high-risk countries, or those lacking a clear business rationale.
Topic 4 - Case Studies and Examples : Practical examples and case studies might be used to illustrate concepts and help participants recognize suspicious activities in real-world scenarios.
Topic 5 - Reporting Obligations : Attendees would understand their responsibilities in reporting suspicious transactions to the appropriate authorities, such as financial intelligence units or law enforcement agencies. This would likely include the process for filing suspicious activity reports (SARs) and the importance of confidentiality in such matters.
Overall, the webinar would aim to equip participants with the knowledge and skills necessary to identify, deal with, and report suspicious transactions effectively, thereby contributing to the broader efforts to combat money laundering and financial crime.
About the Trainer
![Theresa Karunakaran](https://fintedu.com/pluginfile.php/2977/course/summary/Screenshot%202024-05-16%20183439.png)
Theresa Karunakaran
Theresa Karunakaran is a seasoned banking and regulatory expert with over three decades of experience. She began her career at the Reserve Bank of India (RBI) and has since held key roles in formulating policies and conducting assessments. With international exposure from the Financial Stability Board, she's advised institutions like Axis Bank and Deutsche Bank. Currently, as Partner at Compliance Matters, she offers cutting-edge compliance solutions to financial entities and serves as a Director at IntelleWings Private Ltd., specializing in AML solutions.