Edcomm Bankerís Academy Updates Extended Anti Money Laundering (AML) Training for Pakistan
Edcomm Bankerís Academy has recently updated its AML training program designed specifically for financial institutions in Pakistan.
[USPRwire, Fri Feb 19 2010] Edcomm Bankerís Academy has recently updated its Anti Money Laundering (AML) training program designed specifically for financial institutions in Pakistan. Focus on AML for the Islamic Republic of Pakistan has been enhanced to include more information and new interactive activities about the AML laws and regulations in this South Asian country.
Money laundering in Pakistan is a pervasive problem. Financial crimes related to narcotics trafficking, terrorism, smuggling, tax evasion, and corruption remain a significant problem in Pakistan. Therefore, in 2007, Pakistan enacted the AML Ordinance, establishing regulations for AML and combating the financing of terrorism and criminalizing money laundering. Under the Ordinance, the Financial Monitoring Unit (FMU) was created. The FMU serves as Pakistan's Financial Intelligence Unit (FIU) and is in charge of handling Suspicious Transaction Reports (STRs).
Focus on AML for the Islamic Republic of Pakistan, from Edcomm Bankerís Academy, teaches bank employees about AML laws in Pakistan and familiarizes them with AML policies and procedures. Beginning with an overview of Anti Money Laundering (AML), this interactive program goes on to cover International Money Laundering, Money Laundering in Pakistan and how to prevent, detect and report money laundering. Focus on AML for the Islamic Republic of Pakistan 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 Bankerís 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 Bankerís 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 Bankerís 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.
Dr. Linda Eagle
Edcomm Bankerís Academy
21 Penn Plaza Suite 1010
New York, NY 10001, USA