Course Details

Whilst we have all heard of money laundering regulations and many of us know what is expected, many of us don’t know why we have to conduct these checks and why our line of business is so important in that area. Companies play an integral role within money laundering networks both nationally and globally. If we understand the role they play, then we can understand why we are conducting the regulatory checks and understand the importance of adhering to due diligence and regulation. In this session we hope that everyone will understand the global networks to which companies play an important role.


Robert McAllen covers the following topics during this session:


· Financial Action Task Force (FATF) and how they came into existence

· How FATF assisted countries with their Money Laundering Regulations (MLR).

· Trade Based Money Laundering (TMBL)

· How to detect TBML

· The role TBML plays in global money laundering

· Informal Value Transfer System (IVTS)

· IVTS networks (Global Controller Networks)

· How TBML can assist IVTS networks with liquidity.

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CPD Course Speaker

McAllen Consultancy Services Ltd

Robert McAllen

Robert McAllen QPM is a retired Detective having completed over 30 years’ service in the Police and is a Subject matter expert of national and international money laundering systems. He has worked with law enforcement across the world as regards the use of informal alternative remittance systems and trade based money laundering enabling the movement of illicit value globally. He has studied the networks that are used across the world known commonly as the informal value transfer system (IVTS).

Robert has investigated high end money laundering including the use of professional enablers (professional money launderers) who are not directly engaged in the actual criminal activity but can abuse systems and business environments to move illicit finance. He has developed investigative rationales for investigating this type of criminal activity.

In 2020 he was named on Her Majesty the Queen’s New Year’s Honours List and received the Queens Police Medal for services to policing.