AMLTHINK Academy

AML/CFT Compliance for Logistics and Freight

What are the AML obligations of logistics and freight companies and businesses? What should they pay attention to? Have they taken adequate measures to comply with AML regulations.

Live sessions
Virtual class

Basic

Live: 1 day
Virtual:2x3 hrs

AMLTHINK ACADEMY

Who Should Attend?

AMLTHINK ACADEMY

Instructor

Inonu Akgun ALP

Inonu Akgun ALP

Founder, CEO, AMLTHINK

Having started his professional life at MASAK (FIU of Turkey) in 1999, ALP has held various positions at the FIU for 20 years. 

He prepared the AML compliance report given to financial institutions annually and reported the deficiencies to the financial institutions by performing the quantitative and qualitative measurement of the financial institutions' suspicious transaction reports with the scoring system.

He played a role as AML team leader in an EU project. During his professional career, he participated in numerous international conferences and meetings.

During his Department Head position at MASAK in 2014 and 2015, he managed and mentored the establishment of MASAK information security infrastructure and obtaining ISO 27001 certification, the establishment of the e-notification system, development of Integrated Financial Intelligence System (EMIS) providing electronic communication and e- SAR system with obligated parties, issuance of AML Compliance Scorecards for financial institutions on annual basis.

Between 2015-2020, he served as Vice President of the FIU and managed the Analysis, Sanctions, and IT departments. During this period, he carried out automation of analytical processes related to money laundering and terrorist financing, harmonization of AML scenarios of financial institutions, the establishment of the infrastructure of standard information flow from financial institutions, and the preparation of sectoral SAR guidelines. He left the public service in 2021 at his own request.

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Course Content

1

INTRODUCTION and KEY CONCEPTS

- Proceeds of crime
- Terrorism financing
- Money laundering

2

AML/CFT OBLIGATIONS

- Identification and know your customer principles
- Simplified measures
- Analytical techniques to determine the beneficial owner
- High-risk businesses
- Transaction monitoring
- Transactions requiring special attention
- Technological risks and counter-measures
- Reliance on third parties
- Correspondent relations
- High-risk countries and linked transactions
- Refusal of the transaction
- Termination of the business relationship

3

AML COMPLIANCE FOR LOGISTICS and FREIGHT

- Acting on behalf on another person
- Identifying the beneficial owners
- Common mistakes in SARs

4

AML/CFT RED FLAGS for
LOGISTICS and FREIGHT COMPANIES

- Red flag indicators regarding the customer profile
- Red flag indicators regarding declaration
- Red flag indicators regarding the package

5

AML RISK MANAGEMENT for LOGISTICS and FREIGHT COMPANIES

- High risk countries and territories
- High risk customers
- High risk transactions

6

SANCTIONS

- Types and scope of sanctions
- Sanction screening
- Importance of compliance with sanctions, costs of non-compliance
- Things to do in natural/legal persons and sanctioned regions

7

REACTIVE DETECTION of SUSPICION

- Suspicion based on external information
- Measures to be taken, and processes

8

PROACTIVE DETECTION of SUSPICION

- X-Ray device detections and SARs
- Recommendations on data-driven suspicion detections

9

CASE STUDY and TYPOLOGIES

- Case study-1: Illegal product detections
- Case study-2: Drug transportation
- Case study-3: Cash and gold transportation
- Case study-4: Proactive and data-driven suspicions
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Frequently Asked Questions

It is important to note that the AMLTHINK ACADEMY Training Packages are offered institutionally. If you would like to take the training courses individually, you can contact us.
AMLTHINK ACADEMY Training Package includes presentations, videos, exams, training materials, and your certificate.
Presentations, videos, exams, training materials, and certificates included in AMLTHINK ACADEMY Training Package are offered exclusively to our members who participate in our training program.
After the training, a certificate of completion or certificate of attendance will be issued depending on the level of training. Your certificates will be issued depending on the completion of the training in the case of training without examination and on the passing of the examination in the case of training with examination. Your certificates will be sent to your address and can be downloaded electronically from your AMLTHINK ACADEMY profile page.
If you would like to enroll or register for this course individually, you can contact us.
The training materials included in the course can be downloaded by our members who have attended the course. If the training materials are updated, the updated versions of the materials will be sent to our members who attended the training.

After logging in with the username and password we gave you in the Member Login section, you will be directed to the training page you received from the system. On this page, you can view your progress in training and pick up where you left off.

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