Certifications
Trade-based Money Laundering
Money laundering method manipulating international trade operations to illicitly transfer value. Techniques include over/under-invoicing, multiple invoicing for the same goods, and fictitious shipments.
Money laundering method manipulating international trade operations to illicitly transfer value. Techniques include over/under-invoicing, multiple invoicing for the same goods, and fictitious shipments.
Money laundering method manipulating international trade operations to illicitly transfer value. Techniques include over/under-invoicing, multiple invoicing for the same goods, and fictitious shipments.
Anti-Money Laundering Trade
Measures and procedures to prevent the use of international trade as a money laundering mechanism, including over-invoicing, under-invoicing, multiple invoicing, and phantom shipments.
CertificationsKnow Your Customer Trade
Process of identity verification and risk assessment of counterparties in international trade operations. Includes verification of documents, corporate structure, and commercial background.
CertificationsSanctions Screening
Automated process of verifying names of clients, suppliers, and counterparties against international sanctions lists (OFAC, EU, UN) to prevent transactions with prohibited entities.
CertificationsCompliance Program
Internal company system to ensure compliance with all applicable foreign trade regulations, including correct classification, proper valuation, restrictions, and trade sanctions.