PPT-Telecoms Fraud, Terrorism & Money Laundering

1 David Morrow A whistlestop tour Principal presentation objective is TelCo Awareness Set knowledge baseline Examples of laundering and terrorist funding Examine UK scenarios Examine a Common Strategy for Fraud amp Law Enforcement. COMPLIANCE STANDARDS FOR ANTI-MONEY LAUNDERING AND COMBATING THE FINANCING . OF . TERRORISM. Presented by . ERM Institute. Saturday ,February 14, 2015. 1. Part II: Compliance Standards for AML/CFT. COURSE OBJECTIVES. THE FATF RECOMMENDATIONS. Presented by . ERM Institute. 1. A. AML/CFT POLICIES AND COORDINATION. . 2. THE FATF RECOMMENDATIONS. Assessing risks and applying a risk-based approach *. Countries should identify, assess, and understand the money laundering and terrorist financing risks for the country, and should take action, including designating an authority or mechanism to coordinate actions to assess risks, and apply resources, aimed at ensuring the risks are mitigated effectively. Based on that assessment, countries should apply a risk-based approach (RBA) to ensure that measures to prevent or mitigate money laundering and terrorist financing are commensurate with the risks identified. This approach should be an. Latin America . Ben Tonner. Attorney. www.samsonandmcgrath.com. 1. OUTLINE. (Anti) Money Laundering. The Financial Action Task Force. AML, Trusts and Estates . AML and Latin America. Changes: the FATF 40 Recommendations. . Telcos. & Broadband. By. . DR T.H. CHOWDARY. Director: Center for Telecom Management and Studies. Fellow: Tata Consultancy Services. Chairman: . Pragna. . Bharati. (intellect India ). Former: Chairman & Managing Director. Mansi Paun. MS-ITACS, Fox School of Business. Need to know before you go ahead…. The Securities and Exchange Board of India(SEBI) is the regulator o the securities market in India. Like the SEC in US, in India SEBI has the responsibility of protecting the interest of investors in securities and to promote a model code of conduct in the market . “Fight against organised crime and corruption: strengthening the prosecutors’ network”. March4th-7. th. . 2014, Skopje, Macedonia . Mona . Konecny. , Public Prosecution Office, Vienna, Austria. “What has been is what will be, and what has been done is what will be done, and there is nothing new under the sun.” Ecclesiastes 1:9, ESV. Definition: The . use of violence against people or property to force changes. taking and . carrying away . personal property . of another . with the intent to deprive permanently. Types of Credit Card Fraud. Stolen cards. Credit cards can be stolen in a variety of ways, such as muggings, purse snatchings, and office and health club thefts.. 46 Volume 4 • Issue 1 regulated businesses Money laundering – concealing the origins of illegally ob - tained funds – is not new. But the focus on money laundering by governments, . Enforcement Directorate. Ahmedabad. , 21. st. Feb 2015. Money Laundering…... . Process by which illegal funds and assets are converted into legitimate funds and assets.. The Need for Money Laundering Act . kindly visit us at www.examsdump.com. Prepare your certification exams with real time Certification Questions & Answers verified by experienced professionals! We make your certification journey easier as we provide you learning materials to help you to pass your exams from the first try. Professionally researched by Certified Trainers,our preparation materials contribute to industryshighest-99.6% pass rate among our customers.Just like all our exams. Anti-money laundering - what you need to know. Why does preventing money laundering matter? . Not a victimless crime. Organised crime has a massive impact on the prosperity of the UK. Reputational risk to the legal sector . Esther Aikiriza Kagira ,. Manager, Strategic Analysis AND STATISTICS. Financial Intelligence Authority -UGANDA. Structure of Presentation. Role of Financial intelligence Authority. Money Laundering (ML) and Terrorism Financing (TF)/PF. Trade-Based . Money Laundering . Generates corruption and crime. Loss . of tax . revenue (evasion of . the customary . fees and . taxes paid by law-abiding . importers, e.g. bank fees, sales taxes, importation taxes).