M26112 – Trade-Based Money Laundering (TBML) (Online)
A session supported by the FIAU
Registration Time:09:15
Sessions Time: 09:30- 11:30 No Break
Speakers: Mr Alan Craig & MS Kimberley Vella Pace
Venue: Online Webinar
Participation Fees
MIA Members: €28.00
Non-MIA Members: €50.00
Retired Members: €15.00
Students: €20.00
*Group bookings for 3 or more participants available.
Background Information
The webinar will focus on Trade-Based Money Laundering (TBML), providing participants with an overview of how illicit funds can be moved through international trade transactions. The session will explore common TBML methods and typologies, highlighting how criminals manipulate trade documentation, pricing, quantities, and shipping arrangements to disguise the movement of value. It will also highlight red flags to be identified by subject persons while presenting case studies on the topic.
Specific topics to be covered during the session
• What is TBML
• The importance of tackling TBML
• What patterns & methodologies are identified?
• TBML Red Flags
• Case Studies
Why is the session of relevance to our members?
Given the growing prevalence of Trade-Based Money Laundering (TBML), it is important for all stakeholders within the industry to enhance their awareness and understanding of this risk. Strengthening knowledge of TBML typologies, associated red flags, and emerging methods can support more effective identification, detection, and mitigation of potential illicit activities
Target Audience
Accountants, Auditors, Tax Advisors, CSP
Speakers’ Profiles
Kimberley Vella Pace is a warranted accountant with a background in the accounting industry who progressed to the FIAU’s Intelligence Analysis Section as a senior analyst to pursue a strong interest in combating money laundering. She currently forms part of the Operational Team and her analytical capability coupled with her financial expertise aids in identifying and assessing suspicious financial activities in support of financial crime prevention.
Alan Craig is the deputy chairperson of the MIA’s Anti-Money Laundering Committee. He heads the Business Advisory team within Mazars in Malta and is responsible for a specialised and multi-tasked team of professionals with skills in financial crime compliance, forensics and investigations, cybersecurity, risk and control. He has worked closely with both the local competent authorities and business community in the field of financial crime compliance and investigations and is a Court appointed expert in financial crime. Alan is a visiting lecturer at the University of Malta and a certified public accountant.
Event CPE Competencies
2 Core