Objectives

The participant:

• Gains a basic understanding of the detection and prevention of acts of money laundering, terrorism financing and other fraudulent activities.
• Gets to know about Anti-Financial Crime and learn about the potential threats that BMW Bank is exposed to.
• Is able to identify suspicious activities and apply defined security measures accordingly.

Content

• Introduction:
  • The BMW Bank business model.
  • Criminal threats.
• Money laundering:
  • Definition of money laundering.
  • Money laundering cycle.
  • Prevention.
• Terrorist financing:
  • Definition of terrorist financing.
  • Cycle of terrorist financing.
  • Prevention.
• Fraud:
  • Definition of other criminal offences and organisational structure.
  • Typologies of fraud.
  • Measures.
• Summary
• Finally, you will have the opportunity to test your knowledge in a test.

Target Group

• Partners of BMW Bank Germany who are not active in particularly exposed functions (e.g. functions not related to application, contract or account management).
• Partners of BMW Bank Germany, which functions are particularly exposed will be determined by the Money Laundering Officer.