TRADE BASED MONEY LAUNDERING,

COMPLIANCE AND RELATED RISKS

DATE: AUGUST 15, 2020
LAST DATE TO REGISTER: AUGUST 13, 2020
TIMINGS: 2:00 pm to 5:00 pm

PLATFORM: ONLINE TRAINING VIA ZOOM

FEE: PKR 5,000/- per participant

IBP - A Company Set Up Under Section 42 of the Companies Act, 2017

FACILITATOR:
MR. SALIM THOBANI

COURSE OVERVIEW
Trade-Based Money Laundering (TBML) is defined as the process of crime and moving value through the use of trade transactions in an
attempt to legitimize their illicit origins. TBML schemes vary in complexity but typically involves misrepresentation of the price, quantity
or quality of imports or exports. Financial institutions may intentionally and unintentionally be implicated in TBML schemes when such
institutions are used to settle, facilitate or finance international trade transactions. TBML activity is considered to be growing in both
volumes and global reach.

IBP - ISO 9001 : 2015 Certified

 TRADE BASED MONEY
LAUNDERING, COMPLIANCE AND
RELATED RISKS

COURSE CONTENTS
◊ Trade Based Money Laundering TARGET AUDIENCE
• Red Flags & How to Counter them ◊ Branch and Operations Managers (Only Forex
• Pricing-Over & Under Invoicing related business branches particularly Trade Finance)
• 3rd Party Payment & Shipment ◊ Compliance Officers
• False Description of Goods ◊ Trade Officers
◊ Audit, Internal control Officers
• Short or Over Shipment
• Transaction Does Not Make Economic Sense
FACILITATOR
• Phantom Shipments
• Shell Companies Mr. Salim Thobani is a Trade Finance & Compliance
• Export Advance Payment Specialist with over 18 years of experience in Trade &
• Open Account Payment Against Imports Compliance. He is recognized as one of the most
renowned trade compliance & TBML professionals in
• Export to Afghanistan
the industry. He is currently working as Head of Trade
Compliance & Internal Control at Meezan Bank Limited.
◊ Trade Compliance and Related Risks
Previously, he has served in senior roles as Head of
Trade & Trade AML Advisor in NIB and SCB respectively.
• Overview of Framework for Managing
He has conducted more than 100 trainings on Trade
Risk of TBML & TF
Compliance locally and internationally. He has a Master’s
• Sanction Risk degree from SZABIST and is an MA (Economics) from
• High Risk Countries Karachi University. He also holds Train the Trainer
• Counter Terrorist Financing Certification from one of the leading banks of Pakistan
• Money Laundering & its Risk in Trade Based Money Laundering.
• Tax Haven Countries
• Know your customer
• Customer Identification Program
• Customer On boarding & Due Diligence
• Ongoing Monitoring
• Dual Goods Usage

REGISTRATION POLICY:
• Payment should be made in the name of “THE INSTITUTE OF BANKERS PAKISTAN”
• Please send nominations/requests for participation at least two days before the training date.
• Registration may be cancelled or withdrawn two days before the date of program.
Cancellations must be requested via email. No refund will be given after the lapse of time as
mentioned above. However, substitutions may be made at any time.

FOR REGISTRATION AND DETAILS: Zareen Bano | Muhammad Akram | Yasir Jawed | Rida Mughal | Shazadi Ghazal | T: (021) 35277 557/511/512/532/521
E: zareen.bano@ibp.org.pk | m.akram@ibp.org.pk | yasir.jawed@ibp.org.pk | rida.mughal@ibp.org.pk | shazadi.ghazal@ibp.org.pk