20091102 Aberdeen appoints Quick To Learn More for Asia Pac regional AML / CTF (CFT) Training

Singapore, Kuala Lumpur and London

2nd November 2009

Aberdeen Asset Management Asia appoints QuickToLearnMore as its exclusive Anti Money Laundering (AML) and Counter Terrorist Financing (CTF) e-learning provider for all its offices in Asia Pacific Region.

Aberdeen Asset Management, a global asset manager, has installed QuickToLearnMore, the leading risk based approach Anti Money Laundering (AML) and Counter Terrorist Financing (CTF) e-learning programmes, to all its offices in Asia Pacific region.

"QuickToLearnMore's structure is very clear and helpful in learning. Its unique multi module features help us to provide instant roll out and standard quality AML/CTF training across our offices in the entire Asia Pacific region and to meet regulatory training requirement effectively and efficiently." Teo Puay Wei – Head of Compliance, Aberdeen Asset Management, Asia Pacific.

Aberdeen Asset Management Asia, based in Singapore, is the head office of its operation in APAC region. Currently Aberdeen Asset Management Asia manages over US$48.1 billion (as at 30 June 2009), making it one of the largest managers of regional equities globally. Aberdeen Asset Management Asia also has a dedicated regional bond team. In addition to Singapore, Aberdeen has offices in Hong Kong, Thailand, Malaysia, Australia, Japan and Taiwan, plus representation in Korea and China.

Aberdeen has been investigating various providers of AML & CTF e-learning programs for some time. E-learning is the preferred option as it can be economically and efficiently made available simultaneously across the region in Asia Pacific. Mr Teo Puay Wei, Head of Compliance Asia, said in Singapore: “Quicktolearmore was chosen because it is an ideal training solution to provide a cost efficient AML/CTF Training over multi jurisdictions for all our colleagues located in various countries. It is cleverly structured in a modular format with individual modules written for specific jurisdictions and specialisations within financial services. As such, it allows the trainees to pick the appropriate modules pertaining to their jurisdiction and area of work. It fits in the bill for regulatory and training purposes. It is authoritative, yet interesting and easy to follow. Its administration feature is useful in tracking training status."

“We are honoured,” Nigel Morris-Cotterill, The Anti Money Laundering Network.

Speaking in London, Nigel Morris-Cotterill, Head, The Anti Money Laundering Network, leads the development of the platform and its content. He said “We are honoured that Quick To Learn More has been chosen by Aberdeen as the exclusive e-learning platform for its counter-money laundering training across the entire Asia Pacific Region.”

Alicia Eng, said in Kuala Lumpur “QuickToLearnMore is unique. It is the only AML/CTF e-learning programme in the market with programmes directly produced and developed by a group of internationally respected AML Compliance Specialists. QuickToLearnMore is constantly updated to reflect the latest law and regulations and users are able to access to our AML resources and case studies library so that each member staff will be trained with new and up-to-date material.No other e-learning product has been designed from the ground up as a counter-money laundering compliance tool, to form part of a group-wide training, information and compliance system which can even be used for outreach training programmes, and yet is affordable by even small organizations. The recognition of Aberdeen for our product makes us very proud.”

QuickToLearnMore has various packages for small to large size organisations. To purchase this best-of-breed AML/CTF e-learning programmes today, please contact sender or visit www.QuickToLearnMore.com

Notes to editors

1.Aberdeen Asset Management Asia Ltd is part of Aberdeen Asset Management PLC, is an international investment management group, managing assets for institutions and individuals from offices around the world.

2.The Anti Money Laundering Network is the leading group of companies specialising in Anti Money Laundering and Counter Terrorist Financing consultancy, training, e-learning, publications and other related services and products since 1994. It operates globally.

3. Nigel Morris-Cotterill is Founder of Silkscreen Consulting, author of "How not to be a money launderer", and countless articles and research papers on money laundering including the use and abuse of the internet fraud and money laundering. Nigel is highly regarded by the international media and professional journals for which he is frequently being quoted, for example in BBC, CNBC, Times, The Banker and many others.

4. QuickToLearnMore was the first Anti Money Laundering and Counter Terrorist Financing e-learning system recommended by the ASEAN Bankers' Association for bankers in ASEAN countries.

5. QuickToLearnMore has various packages for small to large size organisations.

Available sectors include the following:

How Money Launderers use Corporate Merchant,Investment Banks and Asset Managers
How Money Launderers use Wholesale, Treasury and Correspondent Banking
How Money Launderers use Securities Dealers and Fund Managers
How Money Launderers use Non-Corporate Private Banking and Asset Managers
How Money Launderers use Retail Banking, Small Business Banking and Mortgage business
How Money Launderers use Credit cards, Debit cards, ATM Cards, Pre-payment Cards and Services
How Money Launderers use Property Agents
How Money Launderers use Offshore Financial Services and Trust Businesses
How Money Launderers use the General Insurance Industry
How Money Launderers use Life Insurance, pensions and unit trusts
How Money Launderers use Insurance Intermediaries