Trade-Based Money Laundering: Identifying Red Flags - Typologies & Practical Steps for Exposed Firms

Introduction

Trade-based Money Laundering (TBML) exploits the complexity of global trade to disguise illicit value movement through invoices, shipping documents and structured transactions.

This new virtual classroom seminar explains key TBML typologies and provides practical steps for identifying red flags, strengthening controls and responding effectively when concerns arise.

It is ideal for AML compliance professionals, trade finance teams, in-house legal teams, corporate/commercial lawyers, risk managers and professionals advising businesses engaged in international trade.

What You Will Learn

This live and interactive session will cover the following:

• TBML fundamentals - how value is moved through trade
• Common typologies: over/under-invoicing, multiple invoicing, phantom shipments and misdescription
• High-risk sectors, routes and counterparties
• Document and data red flags - pricing anomalies, inconsistent Incoterms, unusual routing, and mismatched goods
• Customer and counterparty due diligence considerations for trade exposure
• Transaction monitoring approaches for trade-related activity
• Escalation, documentation and reporting - building defensible decision trails
• Case examples illustrating practical detection and control improvements

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.