Mar.16, 2010, 08:00:01

Edcomm Banker’s Academy has recently launched a free tutorial that provides Anti Money Laundering (AML) training for banks and financial institutions located in Columbia

New York, NY, March 16, 2010 -- . Focus on Anti Money Laundering for Columbia offers an overview of the AML laws and regulations that are specific to financial institutions in this South American country.

While Colombia is not a regional financial center, the banking sector is mature and well regulated. Comprehensive AML regulations, as well as international cooperation on AML 

organizations, have allowed the government to refine and improve its ability to combat financial crimes and money laundering. Law 526 of 1999 established Colombia’s Financial Intelligence Unit (FIU), the Financial Information and Analysis Unit (Unidad de Información y Análisis Financiero or UIAF). However, money laundering is still a problem, and the UIAF has identified more than 44 techniques for laundering money.

Focus on Anti Money Laundering, from Edcomm Banker’s Academy, teaches bank employees about AML laws in their country and familiarizes them with their company’s own policies and procedures. Through this interactive course, students learn everything they need to know to detect and prevent money laundering. Focus on Anti Money Laundering 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. Recognizing that money laundering can occur anywhere and everywhere, Edcomm Banker’s Academy is prepared to create a course for any country in need.

For more information about multilingual, multicultural training programs, or to find out how The Edcomm Group Banker’s Academy can customize any training program in any language, for any country, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 22-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 Banker’s 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.