New York, NY -- Edcomm Banker’s Academy has recently updated its extended Anti Money Laundering (AML) training program designed specifically for financial institutions located in Bahrain. Focus on AML for Bahrain has been enhanced to provide a more detailed, extensive training program that teaches employees at banks and financial institutions in Bahrain about the AML laws and regulations for their country.
In January 2001, the Government of Bahrain enacted an Anti Money Laundering (AML) law that criminalizes the laundering of proceeds derived from any predicate offense. The Law stipulates punishment of up to seven years imprisonment and a fine of up to one million Bahraini dinars (BD) for convicted launderers and those aiding or abetting such offenders. If organized criminal affiliation, corruption or disguise of the origin of proceeds is involved, offenders face a minimum penalty fine of at least 100,000 dinars and a prison term of no less than five years.
Focus on AML for Bahrain, from Edcomm Banker’s Academy, teaches bank employees about AML laws in Bahrain 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. Beginning with an overview of Anti Money Laundering, the program goes on to cover International Money Laundering, Money Laundering in Bahrain, and how to prevent, detecting and report Money Laundering. Focus on Anti Money Laundering for Bahrain can be customized to meet the needs of every Bank, Credit Union, or Money Services Business (MSB). Each course 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 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 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 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.bankersacademy.com)
Contact:
Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001
888-433-2666
linda.eagle@
http://www.bankersacademy.com
