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News pertaining to the Anti-Money Laundering and Financial Crimes Institute.

AMLFC President Voted Among World Best Anti-Money Laundering Experts

Michelle Martin, Co-Founder & President of the AMLFC Institute is ranked in the Top 10 of LinkedIn’s Anti-Money Laundering Training skill.
Ms. Martin is a well know expert in the field of Anti-Money Laundering, Countering the Financing of Terrorism and Financial Crimes Prevention. Her bio is available at ComplianceAid.pro.

Scroll down to view Michelle Martin Ranking on LinkedIn first page for Top 25 Anti-Money Laundering Training Profiles.

$3 Billion Laundered in Trinidad and Tobago

Trinidad and Tobago Newsday
By VERNE BURNETT Thursday, January 7 2016

MORE than three billion dollars were laundered in Trinidad and Tobago over the last four years, according to information reported to the Financial Intelligence Unit (FIU), Susan Francois, Director of the Unit, disclosed yesterday. She said the sum was reported by financial institutions and businesses as the suspected receipts of criminal activity.

“This was not legal money, this was money that the financial institutions and businesses reasonably suspected came from crime.” She said the huge profit, which only represented the amounts reported, showed the attraction of crime “and that is why people take the risk, that is why they conduct criminal activity, that is why they commit crime, because of the huge profits which are generated.” Francois was speaking at the University of the Southern Caribbean (USC) in Maracas at the launch of the Money Laundering and Financial Crimes Institute in Trinidad and Tobago, a joint effort by the University of the Southern Caribbean and the Arthur Lok Jack Graduate School of Business.

The two institutions have teamed up with the Florida-based Money Laundering and Financial Crimes Institute (MLFC) which itself is a joint venture between the St Thomas University and ComplianceAid, an international consulting firm specialising in anti-money laundering; countering the financing of terrorism and preventing financial crimes.

Continue at Trinidad and Tobago Newsday

 

$3 Billion Laundered in Trinidad and Tobago-TT_Newsday

Minister Browne welcomes “monumental achievement”

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Students Across 9 Caribbean Countries Can Obtain Certification In An Anti-Money Laundering Course Launched On Island Monday

The course is taking place at the Antigua Barbuda International Institute of Technology or ABIIT.

The new course comes through a partnership between ABIIT and Florida’s Money Laundering and Financial Crimes Institute.

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Students Across 9 Caribbean Countries Can Obtain Certification In An Anti-Money Laundering Course Launched On Island Monday

ABIIT, US University Partner to offer Anti-Money Laundering Certification

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Antigua and Barbuda International Institute of Technology partners with MLFC Institute

Press Release

Ministry of Education, Science & Technology to Finalizes Memorandum of Understanding with MLFC Institute

St. John’s – Antigua, January 5, 2016: The Minister of Education, Science & Technology, Hon. Michael Browne, finalized a Memorandum of Understanding with the MLFC Institute, which will strengthen both the tertiary education platform in Antigua & Barbuda and the financial and regulatory sector. There is currently a shortage of specialized labor to combat money laundering, the financing of terrorism and financial crimes. New laws passed around the world in the last five years have created pressure on the private and public sector to hire individuals trained in compliance related fields.

The Antigua & Barbuda International Institute of Technology (ABIIT) has been established as the University partner for the OECS region and will train and certify applicants from Antigua, Barbuda, Anguilla, Barbados, Dominica, Grenada, St. Kitts & Nevis, St. Lucia, Montserrat, St. Vincent & the Grenadines. The first program which will be offered initially online will commence on January 21st 2016.

The Certificate will be offered in collaboration with the Money Laundering and Financial Crimes (MLFC) Institute. The MLFC Institute is an organization registered in Florida and its goal is to promote a compliance culture, develop education programs and conduct research in partnership with a network of academic institutions worldwide.

This certificate provides an overview of Anti-Money Laundering and Countering the Financing of Terrorism, and is designed for directors, business owners, and professionals such as accountants, attorneys and auditors of any regulated industries. Moreover, this program is ideal for existing compliance officers to acquire a universally recognized certification. Staff of government owned businesses, port and airport authorities, immigration & customs, police force, regulatory agencies, procurement divisions and legislature are also invited to register since the program aims to build more capacity within these organizations. The Certificate program will provide any graduate or undergraduate student an avenue to realize a career in compliance with a private business, a government entity and a regulatory or enforcement agency.

The Ministry of Education, Science and Technology remains committed to making education at all levels accessible to all nationals of Antigua and Barbuda and to developing the human resource skillset within Antigua & Barbuda.   The establishment of the Memorandum of Understanding between the Ministry of Education, Science and Technology and the MLFC Institute will aid the country in developing qualified individuals to ensure that the nation of Antigua & Barbuda has the human resource skillset needed to successfully regulate our financial sectors and enable compliance with both local and international regulatory laws.

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