This course introduces the learner to Anti-Money Laundering (AML) laws and regulations to which financial institutions must adhere.

The course will define money laundering, and familiarizes the learner with the various aspects of AML, including red flags, customer due diligence, and information-sharing policies.

After completing this course, the learner will understand:

• How to identify the various red flags of money laundering
  
• The role of OFAC and how an OFAC program should be implemented at the institution
  
• The criteria that constitutes a high-risk person, product or service, and geographic location

Agenda / Covered Topics

• Money Laundering
  
• Red Flags of Money Laundering
  
• Customer Due Diligence (CDD)
  
• Information Sharing
  
• Office of Foreign Assets Control (OFAC)
  
• OFAC Program
  
• High Risk Persons and Entities
  
• High Risk Products and Services
  
• High Risk Geographic Locations

Course Access

This course is delivered online. Upon registering, you will receive an email with access instructions from the provider. Course is available to you for one year from date of purchase.