Edcomm Banker's Academy updates extended AML training program for Saudi Arabia

Focus on AML for Saudi Arabia has been enhanced to provide a more detailed, extensive training program that teaches bank employees in Saudi Arabia about the AML laws and regulations specific to their country.

Money laundering in Saudi Arabia is an ongoing problem. Realizing the seriousness of the problem of combating money laundering at an early stage, Saudi Arabia and the Gulf Cooperation Council (GCC) exert extensive efforts in the area of financial crime and money laundering.

Recently, Saudi Arabia and several member countries of the Financial Action Task Force (FATF) have decided to intensify their efforts to fight money laundering on three levels - local, regional and international.

Focus on AML for Saudi Arabia, from Edcomm Banker's Academy, teaches bank employees about AML laws in Saudi Arabia 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.

Beginning with an overview of Anti Money Laundering (AML), the program goes on to cover International Money Laundering, Money Laundering in Saudi Arabia, and how to prevent, detect and report Money Laundering. Focus on Anti Money Laundering for Saudi Arabia can be customized to meet the needs of every Bank or Money Services Business (MSB). Each course is regularly updated to include changing laws and policies.

The Edcomm Group Banker's Academy is a 22-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, 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).