Edcomm Banker's Academy has made recent updates to its AML for Oman training programs to include the Law of Combating Money Laundering and Terrorism Financing.

NEW YORK, NY - July 20, 2010 - Edcomm Banker's Academy has made recent updates to its Anti Money Laundering (AML) for Oman training programs to include the Law of Combating Money Laundering and Terrorism Financing. Edcomm Banker's Academy's free tutorial, AML Overview for Oman, as well as the extended course, Focus on AML for Oman, have been revised as part of Edcomm Banker's Academy's ongoing commitment to providing the most pertinent financial services information to the global financial industry.

In 2010, the Central Bank of Oman issued the Law of Combating Money Laundering and Terrorism Financing. This latest step toward money laundering prevention is meant to unify the country's AML legislation while increasing its effectiveness. The Law includes penalties for those found guilty of money laundering as well as penalties for accomplices involved in the crime. The Law also includes information regarding the seizure of funds suspected to be the result of criminal activity.

Focus on AML for Oman, from Edcomm Banker's Academy, teaches bank employees about AML laws in Oman 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. Beginning with an overview AML, the program goes on to cover international money laundering, money laundering in Nigeria and how to prevent, detect and report money laundering. Focus on AML for Oman can be customized to meet the needs of every Bank, Credit Union or Money Services Business (MSB) in Oman and is regularly updated to include changing laws and policies.

For more information about programs like this, or to find out how The Edcomm Group Banker's Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker's Academy is a 23-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.

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Contact Information:
Dr. Linda Eagle
Edcomm Banker's Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA  
Tel: +212.631.9400
Fax: 212.631.0659
www.bankersacademy.com
linda.eagle@edcomm.com

© Press Release 2010