The Benefits of In-House Training

Have you ever considered In-House Training to meet you staff training requirements? Have you ever considered the considerable benefits that In-House Training can bring to your organization?

Citadel Advantage Training provides tailored training solutions delivered at a location of your choice. Using the combination of the experience of our conference and course trainers and the specific needs of your organization, we can deliver a cost effective training solution in a format which best meets your organizational goals.

By using our In-House training, you will benefit from the expertise and knowledge that is associated with Citadel Advantage gained over many years of hands-on in--the-field experience.

Whether it is one-to-one coaching or group training for a small team or an entire department, Citadel Advantage In-House Training will provide you with a development program to meet your business objectives.

Citadel Advantage offers a wide and comprehensive range of professional courses and training for commercial and central banks in the three core areas of operational risk management, payment systems and operations/back office management.

Examine our wide range of course offerings at http://www.citadeladvantage.com/catalog.htm

Benefits of In-house Training include:

A tailored solution to fit around your organizational needs

• Our product offering ranges from our off the shelf conferences or courses to creating a specific training solution to meet your organizations exact needs.

Experienced trainers with in-depth knowledge

• Our small team of trainers are professionals who are not only experts in their field but also have extensive in-depth business-specific knowledge, with exceptional ability to communicate this to participants.
• Our trainers have a long standing track record of delivering outstanding training programs in the UK, USA, Europe, Africa, China, Dubai, Singapore, & Hong Kong

Better working practices and improved internal communications

• When training at a team level, your staff achieve more than just training on the course subject area.
• In-house training allows the team to interact in a positive way with co-workers at a peer level as well as management providing added organizational benefits.

Reduced costs

•  Save money on costs associated with expensive air- travel to training venues, hotel accommodation, meals and time out of the office.

In-depth evaluation

• Extensive feedback package following the training, with contributions from the facilitator as well as the participants.

To discuss your organizations training needs please contact Richard Barr by e-mail at richard@citadeladvantage.com

UK bank compliance staff want to change careers as they fear being jailed

Banks’ crime fighters want to quit their jobs
From The Telegraph –

“Banks could face an exodus of crime-fighting staff, as most compliance officers – who are responsible for making sure banks obey the law – want to quit their jobs.

The biggest worry for regulatory, compliance and anti-money laundering staff is the risk that they could go to jail if they fail to stop rogue colleagues breaking the law, according to a study from the British Bankers’ Association and LexisNexis Risk Solutions.

As a result, 54pc say they would leave the industry if an opportunity arose.”

Read more>>

European Banking Federation Calls for Cryptocurrency Regulation

From NewsBTC –

“The European Banking Federation (EBF), which represents Europe’s largest banking groups, unveiled its vision for digital currencies and cryptocurrency regulation. The group called upon governments and businesses to develop a framework for bitcoin regulation, pointing out that further research and ongoing evaluations of rules should be made.

In particular, the group proposed that a comprehensive framework for cryptocurrency regulation based on existing anti-money laundering laws could be applied. It also acknowledged that the blockchain, which refers to bitcoin’s distributed public ledger, provides a number of interesting opportunities for financial institutions and the collective ecosystem.”

Read more>> 

Fed Faults China Construction Bank Over Anti-Money-Laundering Efforts

From The Wall Street Journal –

“U.S. regulators faulted China Construction Bank Corp. for deficiencies in its program to spot money laundering, the latest U.S. crackdown on foreign-owned firms.

The Federal Reserve and New York’s state regulator found problems at the New York branch of one of China’s largest banks, according to an enforcement action released Tuesday.

The regulators required the bank to better follow basic elements of U.S. law, including responding to regulators’ information requests, identifying risky customers, tracking transaction data, documenting and investigating suspicious activity, and monitoring so-called correspondent accounts with other banks. They required the firm to write and execute a plan to fix the problems, and its board of directors agreed to do so on July 13, the document said.”

Read more>>