AML Training on SME Risk in Nepal
15 June 2022 | 3:00 p.m. Kathmandu Time | Virtual
Trade-based money laundering and terrorist financing are serious global problems. It is important to prevent criminals from using the complex network of trade and financial transactions for illegal activities. However, the AML efforts and requirements may result in unintended consequences which may hamper legitimate SME businesses. The ADB TSCFP has launched a number of initiatives to streamline AML/CFT activities, in collaboration with its partner banks, regulators, and international organisations.
Join colleagues from the Nepal financial Services to build awareness of the issue, develop capacity to respond, and foster financial inclusion, while maintaining a high level of required controls.
Speakers:
Moderator: Roberto Leva, Relationship Manager, Trade & Supply Chain Finance Program, Asian Development Bank
Elizabeth “Kelly” McCann, Senior AML/CFT-KYC Expert, Business & Finance Consulting
Sworup Shrestha, Deputy Director, Financial Information Unit, Nepal
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 15 Jun 2022 | Opening Session | Introduction | Roberto Leva |
| 15 Jun 2022 | AML Training on SME Risk in Nepal |
Overview of Trade Based Money Laundering (TBML) This presentation gave an overview of TBML risks, methods, red flags, controls,risk assessments, customer due diligence (CDD). Ms McCann identified red... |
Elizabeth McCann |
| 15 Jun 2022 | AML Training on SME Risk in Nepal |
Overview of Customer Due Diligence of SME Cusmoters This presentation discussed integrating best practices in CDD and ongoing monitoring of SME customers and measuring the effectives of your SME-CDD and... |
Sworup Shrestha |
| 15 Jun 2022 | AML Training on SME Risk in Nepal |
· Nepalese Case Studies - local/regional case studies when TBML has been identified in SMEs – how and related violations · Suspicious Transaction Reports Nepal |