Edcomm Bankerís Academy Updates Oman Anti Money Laundering Training Program for 2010
Edcomm Bankerís Academy has made recent updates to its Oman AML training program for 2010.
[USPRwire, Mon Aug 09 2010] Edcomm Bankerís Academy has made recent updates to its Oman Anti Money Laundering (AML) training program for 2010. Focus on AML for Oman has been revised as part of Edcomm Bankerís Academyís ongoing commitment to providing the most up-to-date and pertinent financial services information as the banking industry enters a new decade.
In March 2002, a royal decree was issued enacting the Law of Money Laundering. The new law improved the existing money laundering regulations by detailing bank responsibilities, widening the definition of money laundering to include funds obtained through any criminal means, and providing for the seizure of assets and other penalties. The Royal Oman Police (ROP), in coordination with the Central Bank of Oman (CBO), is responsible for investigating money laundering activities. Banks are required to appropriately identify their customers and report all suspicious transactions. Compliance personnel are now present in all banks.
Focus on AML for Oman, from Edcomm Bankerís Academy, teaches bank employees about AML laws in Oman and familiarizes them with their companyís own policies and procedures. Through this interactive course, students learn everything they need to know to detect and prevent money laundering. Beginning with an overview AML, the program goes on to cover international money laundering, money laundering in Nigeria and how to prevent, detect and report money laundering. Focus on AML for Oman can be customized to meet the needs of every Bank, Credit Union or Money Services Business (MSB). Each course is regularly updated to include changing laws and policies.
For more information about programs like this, or to find out how The Edcomm Group Bankerís Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.
The Edcomm Group Bankerís Academy is a 23-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Bankerís Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).
The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.
Dr. Linda Eagle
Edcomm Bankerís Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA