What are the 4 stages of money laundering?

Money laundering cases in Panama.

Prevention of Money Laundering. Take this ONLINE and APPROVED Course of Money Laundering Prevention. Become an expert in Prevention of Money Laundering and Financing of Terrorism, thanks to this course.

* All the opinions about the Online Course in Prevention of Money Laundering and Financing of Terrorism, here compiled, have been filled in voluntarily by our students, through a form that is attached to all of them, along with the materials, or at the end of their course in our Online campus, in which they are invited to leave us their impressions about the course.

Studying the Course in Prevention of Money Laundering and Financing of Terrorism is an advantage in the labor market, which will allow you to perform activities of responsibility in legal departments of companies, law firms or law firms and audits. In addition, it will allow you to carry out investigations on behalf of others in potential money laundering cases.

What is the money laundering process?

Money laundering is understood to be the process or set of operations by means of which the goods or money resulting from criminal activities, while concealing their origin, are integrated into the economic and financial system.

What are the 3 stages of money laundering?

Procurement, acquisition or collection. Placement or fractionation. Conversion or transformation.

How many years in prison for money laundering?


Basic type: Imprisonment from six months to six years and a fine. Aggravated type: Imprisonment from three years and three months to six years and a fine. Serious imprisonment: Imprisonment from six months to two years and a fine.

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Predecessor offenses to money laundering

BLOCK IV PRACTICAL APPLICATION IN REGULATED ENTITIES1. Foundations and associations 2. Law firms3. Real estate companiesBLOCK V PRACTICAL CASES1. Risk analysis 2. Reporting of transactions3. Supervisory procedures4. Use of technology and artificial intelligence in money laundering prevention models.

Application for enrollmentEnrollment can be made, without interruption, until the beginning of the course. Places are limited and will be filled in order of registration request.to formalize the registration it is necessary to make the corresponding payment, making the deposit for the full amount of the course or for the amount of the registration (if the course allows it) if you choose to pay in installments.such payment may be made:

This Course can be subsidized through FUNDAE (Fundación Tripartita).The School of Legal Practice of the UCM is registered in the State Register of Training Entities that depends on the State Foundation for Training in Employment (FUNDAE), as an entity that can provide professional training for employment, which implies that your company or organization can benefit from the system of subsidized training, in accordance with the provisions of Law 30/2015, of September 9, which regulates the System of Professional Training for Employment. All companies have an annual credit exclusively for the training of their workers that they can make effective through the application of Social Security bonuses to train their workers at zero cost (provided that certain conditions are met).

What is the money laundering process like?

Money laundering is the process through which the origin of funds generated through the exercise of some illegal or criminal activities (drug or narcotics trafficking, arms smuggling, corruption, fraud, prostitution, extortion, piracy and lately terrorism) is concealed.

What type of crime is money laundering?

In our country, the crime of operations with resources of illicit origin is provided for in Article 400 Bis of the Federal Criminal Code. The launderer introduces his illicit proceeds into the financial system. … Bank deposits in cash, investment in financial instruments.

What are the stages of terrorism?

First, there is the fundraising stage. As a second stage, the terrorist group moves the same funds using diversification techniques to then put the funds in the hands of the recipients. Finally, it uses the funds in the terrorist activity, which is the end of the financing.

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Money laundering pdf

The millions of dollars laundered in the Latin American region are disguised as homes, hotels, cars, warehouses, casinos, bars and other businesses to launder the dollars in banks and go unnoticed by the authorities.

In the second phase, the criminals intend to make it difficult for the authorities to trace the documented source and ownership of the funds, i.e., they seek to blur the original transaction. For this reason, they carry out operations abroad, in countries with little control over money laundering.

They also use ‘money mules’, people who move considerable sums of money from one country to another in their suitcases, attached to their bodies or inside their bodies, to deposit them in foreign accounts, generally in countries with less regulation.

Latin America is one of the areas most affected by money laundering and terrorist financing, crimes that threaten financial institutions, which is why countries in the region have developed laws to avoid a crisis.

What is stratification in the stages of money laundering?

STAGE 2) Layering: This is based on severing the link between these profits and the illicit activity that gave rise to them, eliminating their identification with whoever is carrying out the money laundering and hindering any investigations that may exist.

What are the money laundering risks?

The ML/FT risk materializes through the associated risks: legal, reputational, operational and contagion risks, to which the entity is exposed, with the consequent negative economic effect that this may have on its financial stability when used for such activities.

What are your main money laundering or asset laundering targets?

It follows that the main objective of money laundering is the maximization of profits, minimizing the risks that may arise throughout the laundering chain, evidencing the constant search for evasive methods to hide any trace of origin.

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Money laundering law panama

MONEY LAUNDERING PREVENTION COURSE: if you want to know everything about the essential procedures and the national and international regulations applicable to this field, the money laundering prevention course puts at your fingertips everything you need. Contact us and request additional information without obligation.

* All the opinions about the Course on Money Laundering Prevention (HOMOLOGATED + 8 ECTS CREDITS), here compiled, have been filled in voluntarily by our students, through a form that is attached to all of them, along with the materials, or at the end of their course in our Online campus, in which they are invited to leave us their impressions about the course.

The regulatory framework that regulates the prevention of money laundering aims to prevent, in the different sectors of economic activity, the laundering of capital from any type of participation in the commission of a crime. The objective of the course on Prevention of Money Laundering is that the student knows the money laundering regulations, and that he/she can put into practice the compliance of the same in his/her entity.