SINGAPORE (May 15): The Wealth Management Institute, which helps train private bankers, has launched an anti-money laundering programme.

Since the WMI was started in 2003, anti-money laundering has been part of the institute's curriculum, which offers short-term courses to full-fledged postgraduate degree programmes.

The WMI Anti-Money Laundering Risk Management Program, sponsored by leading private bank UBS, is the first time the perils of illicit money flows is getting this kind of attention by the institute.

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