The Faculty of Finance and the Financial Intelligence Center will host a conference on financial crime on March 21, 2024.
The conference aims to provide participants with a comprehensive understanding of money laundering and terrorism financing, their implications, and strategies to combat them.
It will cover various aspects, including definitions, typologies, key stages, and legal frameworks governing anti-money laundering (AML) and combating the financing of terrorism efforts. Case studies and real-world examples will be used to illustrate practical applications.
The training is crucial due to the global impact of money laundering and terrorist financing, which affect economies, the financial sector, and society. Increased efforts are being made globally to combat these crimes.
The conference will educate participants and the public about these issues, enabling institutions to raise red flags when they suspect such activities. It will also highlight anti-money laundering measures and the role of stakeholders in fighting these illicit acts.
The two-day training will cover themes such as understanding money laundering and terrorism financing, types of money laundering, institutions exposed to money laundering, dangers in Ghana, global measures, and Ghana’s measures to curb these crimes.