The International Compliance Association (ICA), a leading professional body for the global regulatory and financial crime compliance community, announced a partnership with Kazimieras Simonavičius University (KSU) in Lithuania to offer the ICA’s full suite of professional qualifications, including courses in anti-money laundering (AML), financial crime prevention, and customer due diligence.
Lithuania has recently embarked on an effort to raise AML standards after being one of the countries at the center of money laundering scandals by multiple Nordic banks. The push includes plans to establish an AML competence center supported by the Central Bank of Lithuania and commercial banks. The ICA-KSU partnership helps reinforce these efforts to combat money laundering and raise compliance standards in line with global best practice.
