Edcomm Banker’s Academy Updates Free Anti Money Laundering (AML) Training for Bahr

ain
Edcomm Banker’s Academy has recently updated its free tutorial that provides AML t
raining for financial institutions in Bahrain.
New York, NY, March 02, 2011 -- Edcomm Banker’s Academy has recently updated its f
ree tutorial that provides Anti Money Laundering (AML) training for banks and fi
nancial institutions located in Bahrain. Focus on Anti Money Laundering for Bahr
ain has been revised as part of Edcomm Banker’s Academy ongoing commitment to prov
iding the most up-to-date and pertinent information to the financial services in
dustry.
In January 2001, the Government of Bahrain enacted an AML law that criminalizes
the laundering of proceeds derived from any predicate offense. The law stipulate
s punishment of up to seven years imprisonment and a fine of up to one million B
ahraini dinars (BD) for convicted launderers and those aiding or abetting them.
If organized criminal affiliation, corruption, or disguise of the origin of proc
eeds is involved, the minimum penalty is a fine of at least 100,000 dinars and a
prison term of no less than five years.
Focus on Anti Money Laundering, from Edcomm Banker’s Academy, teaches bank employe
es about AML laws in their country and familiarizes them with their company’s own
policies and procedures. Through this interactive course, students learn everyth
ing they need to know to detect and prevent money laundering. Focus on Anti Mone
y Laundering can be customized to meet the needs of every Bank, Credit Union or
Money Services Business (MSB). Each course is regularly updated to include chang
ing laws and policies. Recognizing that money laundering can occur anywhere and
everywhere, Edcomm Banker’s Academy is prepared to create a course for any country
in need.
For more information about multilingual, multicultural training programs, or to
find out how The Edcomm Group Banker’s Academy can customize any training program
in any language, for any country, log onto www.bankersacademy.com or call +1.212
.631.9400.
The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and commun
ication consulting firm specializing in the development of creative business sol
utions that improve productivity, customer service and market share - providing
bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of as
sisting many distinguished clients with business solutions in the form of eLearn
ing programs, online bank training and classroom instruction, multimedia product
ion and online and print based documentation. Edcomm Banker s Academy offers man
y off-the-shelf and customized courses such as Teller Training, Compliance Train
ing and Systems Training specifically designed for Banks, Credit Unions and Mone
y Services Businesses (MSBs).
The Edcomm Group Banker s Academy (www.bankersacademy.com) is headquartered in N
ew York City with locations and representation throughout the world.
Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA
Tel:+212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com