#USA #Washington #financial crime #Institute for Financial Integrity #online training

Institute for Financial Integrity Launches Global Counter-Illicit Finance Training Program

On January 22, 2025, the Institute for Financial Integrity (IFI) proudly announced the rollout of its Global Counter-Illicit Finance Training Program. This innovative online training platform offers an extensive catalog featuring 100 videos totaling eight hours of in-depth education on various aspects of financial crime. Designed by seasoned experts from government and prominent global financial institutions, the program aims to equip professionals with the essential knowledge and practical insights needed to combat ever-evolving threats to the integrity of the global financial system.

Lauren Jack, Operations Director at IFI, remarked, "The sophistication of financial crimes has reached unprecedented levels. With illicit activities growing in complexity, compliance training solutions must transcend the traditional checklist approach to remain relevant. We have addressed this by creating a rich library that addresses the essential domains in combating illicit finance. We are excited to offer this program to the market, helping organizations enhance the awareness, understanding, and expertise of their staff."

Key Topics Covered

The comprehensive training program covers critical subjects, such as:

• - The fight against illicit financing and global standards
• - Threats, vulnerabilities, and risks linked to illicit trafficking, money laundering, terrorist financing, bribery, corruption, fraud, proliferation of weapons of mass destruction, and strategic trade sanctions and controls
• - Supervisory measures and regulatory compliance
• - Building a culture of compliance within institutions
• - Enforcement actions and corporate governance
• - Cross-border payments and correspondent relationship management
• - Trade financing practices

Participants will gain an in-depth understanding of these essential topics and acquire knowledge to enhance their institution's compliance strategies, ultimately fortifying defenses against illicit funding risks.

Chip Poncy, Global Head of Financial Integrity at K2 Integrity, praised IFI for launching this significant initiative, stating, "This program addresses the pressing need for enhanced training solutions to bridge the knowledge and skill gaps we observe in our global financial integrity work. The new initiative from IFI stands as an ideal solution for jurisdictions and institutions seeking to strengthen and modernize their compliance programs and culture. The videos are authoritative, relevant, and extensively cover all critical topics to help protect the integrity of your organization and the financial system at large."

About the Institute for Financial Integrity

The Institute for Financial Integrity is dedicated to empowering financial integrity professionals worldwide to protect the global financial system from illicit uses. Through DOLFIN®, its exclusive online financial integrity network, IFI provides extensive training, assessments, and certifications both in-person and online.

For more information, visit finintegrity.org. Follow IFI on LinkedIn for updates and insights on financial integrity issues.