Back to the Future: Analyzing Ancient Practices Used for Modern Terrorist Financing

  • When: January 11, 2017
  • Time: 12:00 PM – 2:00 PM ET
  • Level: Intermediate – Advanced

Discreet, inexpensive, reliable, fast, convenient and sometimes illegal all describe the ancient and sophisticated practice of hawala. Currently being used as a conduit for financing foreign terror fighters, hawala transactions leave little or no transaction trail. As a result, hawalas and similar informal value transfer systems remain leading channels for money laundering and terrorist financing. During this webinar, industry experts will provide background information, strategies and tools to identify these money transmitters in order to address risks connected to terrorist finance.

Learning Objectives

  • Understanding how ISIS and similar terrorist groups utilize these ancient practices to infiltrate financial institutions
  • Detailing typologies to detect hawala practices, fortify client screening and enhance transaction monitoring
  • Incorporating international cooperation efforts to ensure effective oversight of informal terrorist financing methods

Who Should Attend

  • Financial Professionals of all levels
  • Compliance Officers
  • Law Enforcement
  • AML/CTF Specialists
  • Risk Managers
  • FIU/FCC Personnel


  • MENA
  • Banks
  • MSBs
  • National or Federal Government


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Ryan Lemmers
  • Ryan Lemmers, CAMS, CFI

  • Fraud Investigator
  • Starbucks


Sachin Rao
  • Sachin Rao, CAMS

  • CEO
  • ComplyFin DWC LLC (CRIF, Dun & Bradstreet)