Edcomm Banker’s Academy has recently updated its free tutorial that provides AML training for financial institutions in the UAE.
New York, NY, April 20, 2011 — Edcomm Banker’s Academy has recently updated its free tutorial that provides Anti Money Laundering (AML) training for banks and financial institutions located in the United Arab Emirates (UAE). Focus on Anti Money Laundering for the UAE has been revised as part of Edcomm Banker’s Academy ongoing commitment to providing the most up-to-date and pertinent information to the financial services industry.
Since 2001, the UAE Government (UAEG) has taken steps to better monitor cash flows through the UAE financial system and to cooperate with international efforts to combat terrorist financing. The UAE has enacted two laws that serve as the foundation for the country’s Anti Money Laundering (AML) and counterterrorist financing (CTF) efforts: Law No 4/2002, the Anti Money Laundering law, and Law No. 1/2004, the counterterrorism law. Although the Anti Money Laundering law criminalizes money laundering, it is administrative Regulation No. 24/2000 that provides guidelines for how financial institutions are to monitor for money laundering activity.
Focus on Anti Money Laundering, from Edcomm Banker’s Academy, teaches bank employees about AML laws in their country and familiarizes them with their company’s own policies and procedures. Through this interactive course, students learn everything they need to know to detect and prevent money laundering. Focus on Anti Money Laundering can be customized to meet the needs of every Bank, Credit Union or Money Services Business (MSB). Each course is regularly updated to include changing laws and policies. Recognizing that money laundering can occur anywhere and everywhere, Edcomm Banker’s Academy is prepared to create a course for any country in need.
For more information about multilingual, multicultural training programs, or to find out how The Edcomm Group Banker’s Academy can customize any training program in any language, for any country, log onto www.bankersacademy.com or call +1.212.631.9400.
The Edcomm Group Banker’s Academy is a 23-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 Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and 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).
The Edcomm Group Banker’s Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.
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Contact:
Dr.Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA
Tel:+212.631.9400
Fax: 212.631.0659
[email protected]
http://www.bankersacademy.com
