Edcomm Banker’s Academy introduces a free tutorial that provides financial institutions located in the Cayman Islands with an overview of Anti Money Laundering in the country.
New York, NY, December 05, 2008 — Edcomm Banker’s Academy introduces a free tutorial that provides Anti Money Laundering (AML) training for banks and financial institutions located in the Cayman Islands. Focus on Anti Money Laundering for Cayman Islands offers a comprehensive overview of the AML laws and regulations that are specific to financials institutions on these three islands. The Cayman Islands are a prominent offshore financial center and the country continues to make strides in developing Anti Money Laundering (AML) legislation.
The Cayman Islands Monetary Authority (CIMA) is responsible for the licensing, regulation and supervision of the Cayman Islands’ financial industry, which includes banks, trust companies, mutual funds, insurance companies, money service businesses (MSBs), and corporate service providers. In May of 2008, The Proceeds of Criminal Conduct Law and The Money Laundering Regulations were passed. They provide identification procedures, recordkeeping guidelines, and the need to report evidence of money laundering as a result of terrorist financing and other offenses.
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 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 888-433-2666.
The Edcomm Group Banker’s Academy is a 21-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, 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.edcomm.com) (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.
Contact Us:
Linda Eagle
The Edcomm Group Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001
888-433-2666
[email protected]
http://www.bankersacademy.com
