with the money laundering prevention training – PLD tothbe, It is easy to understand the dynamics of crime and its legal aspects, and, in addition, to know the risks involved and apply the learning to daily activities at work.
What is the crime of money laundering? How does it happen? It’s what your team needs to know to prevent themselves.
The crime of money laundering is provided for in the Law No. 9,613/98 (Money Laundering Prevention Law). It occurs when people or groups decide to make the money earned illegally appear to have an honest origin.
Criminals use, for example, a company or financial institution to “launder the money”, that is, to give it a lawful guise. Some indications include movement of high and unusual values, unknown origin of resources, atypical transactions, among others.
Understand the risks of money laundering crime
Involvement with a crime of this nature can harshly affect a company, causing various damages. imprisonment, loss of property, revocation of licenses and authorizations are examples of penalties that can be applied, as well as the shock to your reputation, which is even more serious.
Risks should be avoided and preventive actions structured and replicated at all levels of the organization.
What do employees and managers need to know about the crime of money laundering?
Thus, it is important that all employees know the common forms of money laundering and know how to identify suspicious transactions, according to the Money Laundering Prevention Law, internal company rules and other regulations that govern each business segment. Likewise, it is critical that the company shares this understanding equally with its business partners.
Some evidence of money laundering crime includes high or unusual amounts transactions, unknown origin of resources, use of unconventional means of payment, among others..
Depositions
