Trade-Based Money Laundering & Financial Forensics (TMLFF) Certification Program by Tonex
Trade-Based Money Laundering (TBML) and financial forensics are critical in detecting illicit financial activities. This program provides professionals with the skills to identify trade fraud, analyze financial transactions, and uncover shell companies. Participants will learn investigative techniques, compliance strategies, and forensic methodologies to combat TBML. The course covers risk assessment, regulatory frameworks, and forensic auditing to strengthen financial integrity. Designed for financial crime investigators, auditors, and compliance officers, this certification enhances expertise in trade-based financial crime detection and prevention.
Audience:
- Financial crime investigators
- Compliance officers
- Auditors and forensic accountants
- Law enforcement professionals
- Risk management specialists
- Trade finance professionals
Learning Objectives:
- Understand TBML schemes and financial forensics
- Identify red flags in trade transactions
- Analyze financial records for suspicious activities
- Apply forensic auditing techniques to detect fraud
- Strengthen compliance with anti-money laundering (AML) regulations
Program Modules:
Module 1: Introduction to TBML and Financial Forensics
- Definition and scope of TBML
- Key methods used in trade fraud
- Role of financial forensics in detection
- International regulations and compliance
- Case studies on TBML investigations
- Impact of TBML on the global economy
Module 2: Identifying Trade-Based Money Laundering Schemes
- Common TBML typologies
- Shell companies and fraudulent invoicing
- Over- and under-invoicing techniques
- Misrepresentation of trade goods
- Third-party intermediaries and trade diversion
- Red flags in trade documentation
Module 3: Investigative Techniques in Financial Forensics
- Gathering and analyzing financial evidence
- Digital forensics in trade fraud investigations
- Cross-border data analysis methods
- Advanced forensic auditing tools
- Role of big data in TBML detection
- Collaborative investigations with financial institutions
Module 4: Regulatory Frameworks and Compliance Strategies
- Key AML regulations and trade finance laws
- Role of financial intelligence units (FIUs)
- FATF recommendations on TBML
- Know Your Customer (KYC) and due diligence
- Sanctions compliance in trade finance
- Reporting obligations for financial institutions
Module 5: Risk Assessment and Fraud Detection
- Risk-based approach to TBML
- Identifying high-risk jurisdictions and industries
- Transaction monitoring systems
- Predictive analytics in TBML risk management
- Internal controls for trade finance compliance
- Case study on successful fraud detection
Module 6: Forensic Auditing and Case Analysis
- Steps in conducting forensic audits
- Role of forensic accountants in TBML investigations
- Tracing illicit financial flows
- Legal considerations in forensic audits
- Documentation and reporting best practices
- Real-world TBML case study analysis
Exam Domains:
- TBML Fundamentals and Typologies
- Trade Transaction Risk Analysis
- Financial Forensic Investigation Methods
- Regulatory Compliance and AML Frameworks
- Fraud Detection and Risk Mitigation
- Case Studies and Legal Considerations
Course Delivery:
The course is delivered through expert-led lectures, interactive discussions, and case-based learning. Participants gain practical knowledge through trade finance document analysis and forensic investigation exercises. Online resources, including real-world case studies and compliance tools, enhance learning.
Assessment and Certification:
Participants are assessed through quizzes, case studies, and a final exam. Upon successful completion, they receive a certification in Trade-Based Money Laundering & Financial Forensics (TMLFF).
Question Types:
- Multiple Choice Questions (MCQs)
- True/False Statements
- Scenario-based Questions
- Fill in the Blank Questions
- Matching Questions (concepts with definitions)
- Short Answer Questions
Passing Criteria:
To earn the certification, candidates must achieve a score of 70% or higher.
Advance your expertise in trade-based financial crime detection. Enroll in the TMLFF Certification Program today!