Understanding AML Country Risk Training Module

Welcome  to our AML Country Risk Training Module. This training module is designed to help you in your understanding of what AML country risk entails and how you can assess it.

The module explores the following areas;

  -  Background

  -  The Globalization of Money Laundering

  -  Country Risk Concepts

  -  Risk assessment sources and tools


We also provide a case study relevant to this module, which discusses the money laundering scandal at the Estonian branch of Danske Bank that involved the trans-national movement of EUR200 billion of suspicious transactions which flowed through its non-resident portfolio. The case study is presented with the kind permission of the authors, Lee Reiners and Joseph A. Smith Jr. of the Duke Law Global Financial Markets Center