AML Requirements for Compliance Staff

AML Requirements for Compliance Staff

Learn about the serious crime of money laundering and how to recognise the signs that it may be occuring.

Bankers Academy
Updated Jul 25, 2024

What you'll learn

  • An introduction to the crime of money laundering
  • About the warning signs that money laundering is occurring
  • Define customer due diligence procedures
  • The purpose and use of the Office of Foreign Assets Control of the U.S. Department of the Treasury
  • Familiarization by the learner with his/her role as a member of the compliance staff at the institution in regard to ensuring compliance with AML requirements
Course Description

This course will familiarize the learner with the crime of money laundering relative to his/her position in the Compliance Department. This course will also provide a comprehensive overview of red flags and suspicious activity so that s/he may be able to recognize and report indicators.