Understanding Trade-Based Money Laundering (TBML)

Understanding Trade-Based Money Laundering (TBML)

Learn how to identify the various red flags of TBML and how to implement effective policies to combat TBML.

Bankers Academy
Updated Jun 17, 2024

What you'll learn

  • How to identify the various red flags of TBML.
  • How to implement effective policies and procedures to combat TBML.
  • The use and purpose of Trade Transparency Units (TTUs).
Course Description

This course will introduce the learner to the crime of trade-based money laundering (TBML), the process of disguising criminal proceeds through trade to legitimize their illicit origins. The course will define TBML and will familiarize the learner with the various aspects of TBML, including red flags, customer due diligence, and information sharing policies.