AML Requirements for Board of Directors and Senior Management
course

AML Requirements for Board of Directors and Senior Management

Recognize and be aware of the red flags of money laundering while conducting customer due diligence.

Bankers Academy
Updated May 28, 2024

What you'll learn

  • Recognize the red flags of money laundering.
  • Conduct Customer Due Diligence (CDD) practices and prevent money laundering at the organization.
  • Recognize the roles that agencies such as OFAC play with regard to creating effective AML guidelines for the organization.
Course Description

This course will introduce the learner to Anti-Money Laundering (AML) laws and regulations that Board of Directors and Senior Management must adhere to. The course will define money laundering and will familiarize the learner with the various aspects of AML, including red flags, customer due diligence, and information-sharing policies.