Most financial and non-financial Institutions struggle with how to send quality Suspicious Transaction Reports (STRs) to the Financial Intelligence Unit (FIUs) mainly because these reports are lacking in the information needed by the analysts or investigators. Most money laundering reporting officers (MLROs) are not skilled or are confused about how to go about the process. This is what this course seeks to address. By sending a qualitative report, the financial institution helps the financial analysts understand what the suspicion is all about among other reasons.
This is the concluding part of a three-part course namely, “Identifying Suspicious Transactions” and “How to Report Suspicious Transactions under the AML/CFT regime”.
About the instructor
A Certified Anti-Money Laundering Specialist (CAMS) with a Postgraduate degree in Strategic Intelligence & Criminal Justice. He has a broad knowledge of the private and public sectors in evaluation, project financing, and development.
Mr. Samuel has been a driver in the AML/CFT regime in Nigeria and West Africa and has trained and mentored over 500 students and staff of several Financial and Designated Non-Financial Institutions in Nigeria and West Africa. He has also participated in regional and international Fora on Anti- Money Laundering / Combating the Financing of Terrorism. He contributed to developing effective AML/CFT risk methodologies and controls for monitoring money laundering/terrorist financing threats within the financial sector. He is also a certified examiner, World Bank Institute trained facilitator, Member, International Association of Law Enforcement Intelligence Analysts (IALEIA), and an Associate, Certified Fraud Examiner (ACFE).