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Edcomm Banker’s Academy Updates Free Anti Money Laundering (AML) Training for Bahrain

Edcomm Banker’s Academy has recently updated its free tutorial that provides AML training for financial institutions in Bahrain.

 
PRLog - Mar. 2, 2011 - New York, NY, March 02, 2011 -- Edcomm Banker’s Academy has recently updated its free tutorial that provides Anti Money Laundering (AML) training for banks and financial institutions located in Bahrain. Focus on Anti Money Laundering for Bahrain has been revised as part of Edcomm Banker’s Academy ongoing commitment to providing the most up-to-date and pertinent information to the financial services industry.

In January 2001, the Government of Bahrain enacted an 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 them. If organized criminal affiliation, corruption, or disguise of the origin of proceeds is involved, the minimum penalty is a fine of at least 100,000 dinars and a prison term of no less than five years.

Focus on Anti Money Laundering, from Edcomm Banker’s Academy, teaches bank employees about AML laws in their country 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. Focus on Anti Money Laundering 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. Recognizing that money laundering can occur anywhere and everywhere, Edcomm Banker’s Academy is prepared to create a course for any country in need.

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 +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 23-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, 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.

Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA
Tel:+212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com

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Contact Email:
***@edcomm.com
Source:Dr. Linda Eagle
Country:United States
Industry:Education
Tags:anti-money-laundering, compliance, credit unions, money services businesses
Shortcut:prlog.org/11344182
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