AML Requirements for Universal Bankers

AML Requirements for Universal Bankers

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

Bankers Academy
Updated Jul 20, 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 universal banker at the institution in regard to ensuring compliance with AML requirements
Course Description

This course will introduce the learner to Anti-Money Laundering (AML) laws and regulations that the institution 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.