WMI Singapore Training Focuses on Sanctions and Trade-Based Money Laundering Controls
Singapore’s Wealth Management Institute (WMI) is running its Sanctions, Trade-based Money Laundering Risks and Essential Controls programme on 24 August 2026, aimed at experienced compliance and control professionals in financial services.
According to WMI, the module is designed around practical management of sanctions and trade-based money laundering (TBML) risks in the Singapore financial-services environment. The programme uses real-world case studies, interactive discussion and hands-on exercises to examine global and local sanctions frameworks, TBML typologies, risk controls and how risk frameworks should be communicated across an organisation.
Risk assessment and control design
The stated learning outcomes include reviewing target risk levels for sanctions and TBML in line with board and senior-management risk appetite; identifying and assessing threats through risk assessments; designing sanctions and TBML risk-management frameworks; directing the implementation of controls and response measures; and evaluating whether those controls are effective at enterprise level.
The course provides 8.5 classroom and CPD hours, with four hours of preparatory work. WMI says it is intended for professionals with at least two years of relevant experience, including financial-crime compliance, compliance advisory, monitoring and testing, KYC/CDD, operational risk, legal, audit and first-line control functions. External lawyers, consultants and accountants advising financial institutions are also within the target audience.
Sanctions risk session
WMI is also featuring Serhane Victor, Head of Sanctions Compliance ASEAN and South Asia at Standard Chartered Bank Singapore, in a guest session on sanctions risk management. The session is expected to cover recent sanctions developments, detection and investigation approaches, the interaction between legal and regulatory measures, and practical mitigation strategies.
The programme reflects the continued operational focus on sanctions evasion and TBML as connected financial-crime risks: institutions increasingly need not only screening controls, but also documented risk appetite, transaction and trade-risk assessment, escalation processes and evidence that controls are working as intended.
