Financial Intelligence Training
Financial Intelligence Training
ManchesterCF courses available through FIU Connect were created for financial intelligence units in both the private and public sectors. Program modules have been designed by financial intelligence professionals drawing on their wealth of experience in the intelligence community and law enforcement.
Course components include a digital textbook, computer-based training and an examination. The courses can be translated into a variety of languages.
The FIU CONNECT (Fundamental AML) training program strengthens staff knowledge by placing a cornerstone of knowledge about AML/ATF in place.
The FIU CONNECT (Economic Sanctions) training program advises participants on the purpose of sanctions, the consequences of non-compliance and methods that can be used to detect and mitigate sanctions risk.
The FIU CONNECT (Corruption) training program examines real-life case studies and looks at prevention tactics to protect financial organisations from the threat of corruption.
The FIU CONNECT (Terrorist Financing) training program has been developed to assist financial services firms bolster their defences and prevent misuse by people or entities linked to terrorism.
The FIU CONNECT (Critical Thinking) training program has been developed for AML/ATF compliance, corporate security and risk management professionals to strengthen the analytical capabilities of financial investigators.
The FIU CONNECT (Human Trafficking) training program advises participants on suspicious financial patterns that may indicate potential human trafficking through detailed case studies, examples and red flags.
The FIU CONNECT (Report Writing) training program helps participants understand the purpose and uses of reports and offers techniques on how to eliminate extraneous or irrelevant details when reporting.
The FIU CONNECT (Environmental Crime) training program advises participants on suspicious financial patterns that may indicate the trafficking of illegal environmental resources.
The FIU CONNECT (Wildlife Trafficking) training program provides detailed case studies, examples and red flags, advising participants on suspicious financial patterns that may indicate the illegal trade of wildlife.
Art & Antiquities:
The FIU CONNECT (Art & Antiquities) training program helps participants understand how the buying and selling of art and antiquities can be exploited by money launderers, PEPs and terrorist financiers.
The FIU CONNECT (Proliferation Financing) training program explores the money laundering techniques used to transfer value between buyers and sellers of WMD components to help FIUs build defences against proliferation financing.
Front Office Training
The streamlined courses in ManchesterCF’s Front Office Training (FOT) series provide front office employees at international banks with business-specific anti-money laundering and anti-terrorist financing training.
ManchesterCF has streamlined its computer-based training so line-of-business staff can recognise suspicious activity and alert the compliance function. Without this training, suspicious activity may go undetected putting the financial institution at risk.
The FOT series can be implemented with the following components:
- Full digital textbook
- Streamlined computer-based training (customisable and SCORM-compliant)
- Streamlined examination
- Multiple languages
For more information download the FOT series overview sheet.
Trade-Based Money Laundering:
The FOT (Trade-Based Money Laundering) program provides training to front office employees so that the suspicious use of trade finance products and services can be detected and reported.
The FOT (Correspondent Banking) program provides front office staff with red-flag indicators to help spot instances where correspondent banking operations and products are vulnerable to financial crime.
The FOT (Private Banking) program is designed to equip front office employees with an understanding of how private banking products and services can be used by money launderers and financiers of terrorism.
The FOT (Capital Markets) program provides training to front office staff so that they can spot warning signs and help their institutions defend against financial crime in international capital markets. Sample still to come.
The FOT (Corruption) program is designed to equip front office employees with an understanding of the methods individuals use to place, layer and integrate the proceeds of corruption into the global financial system.
The FOT (Economic Sanctions) program is designed to equip front office employees with a general understanding of the purpose of sanctions, the consequences of non-compliance and methods that can be used to detect and mitigate sanctions risk.
ManchesterCF has developed computer-based training and digital textbooks for international banks and national financial intelligence units, combining them into an online training solution called FIU Connect.
The computer-based training and digital textbooks are accessible any time through FIU Connect:
- FIU CONNECT/FOT (Trade-Based Money Laundering)
- FIU CONNECT/FOT (Correspondent Banking)
- FIU CONNECT/FOT (Private Banking)
- FIU CONNECT/FOT (Capital Markets)
- FIU CONNECT/FOT (Economic Sanctions)
- FIU CONNECT/FOT (Corruption)
- FIU CONNECT (Fundamental AML)
- FIU CONNECT (Terrorist Financing)
- FIU CONNECT (Critical Thinking)
- FIU CONNECT (Human Trafficking)
- FIU CONNECT (Report Writing)
- FIU CONNECT (Environmental Crime)
- FIU CONNECT (Wildlife Trafficking)
- FIU CONNECT (Proliferation Financing)
- FIU CONNECT (Art & Antiquities)
With their own login ID and password, users can access the training materials to deepen their knowledge of AML/ATF compliance. Digital textbooks serve as useful reading and reference guides to staff engaged in financial crime risk management on a daily basis.
FIU Connect materials are kept up-to-date by ManchesterCF. Revisions are highlighted and participants are notified of changes, especially after major regulatory events. FIU Connect is hosted on the same learning management system currently used by major financial institutions and top-tier corporations, therefore information technology security is at the highest level.
Pan-global licences are sold to supervised financial institutions on a subscription basis. The number of licensed users that can log into the client’s FIU Connect portal is unlimited at any one time. Every quarter, ManchesterCF produces a client-specific statistical report that outlines usage rates, pass rates and consumption of materials. This information is useful for FIU management to track employee-training rates and can be submitted to regulatory bodies making enquiries on the level of training within a financial institution’s compliance regime. For large financial institutions, materials can be translated into a variety of languages.
Give FIU staff the training they require – FIU Connect.
How do I get access to FIU Connect?
What can I do in the FIU Connect sample environment?
What are the technical requirements for accessing FIU Connect?
- authenticate the remote computer (eg, coursesites.com);
- prove your identity to the remote computer;
- protect the privacy and integrity of the exchanged data.
Financial Intelligence Specialist
ManchesterCF has created the Financial Intelligence Specialist (FIS) certification program to acknowledge the specialised skills and knowledge individuals gain from the suite of FIU Connect online financial intelligence training programs.