|
|
REGULATORY & COMPLIANCE SERIES
Anti-Money Laundering
Targeted Skill Level: Basic
Duration: .45 - 1 hours
COURSE DESCRIPTION
The purpose of this course is to raise awareness of money laundering and clearly identify the personal responsibilities of the employee as well as those of their institution. Since the events of September 11, many industries are taking a harder look at how their institution can unwittingly be used to channel money to terrorists or other criminals.
This course will familiarize you with many of the laws and regulations now enhanced to deter money laundering, and help them comply with their company's anti-money laundering training requirements.
This course was developed in conjunction with KPMG and features Ellen Zimiles and Douglas Henderson as the subject matter experts. Zimiles is a Principal and National Financial Services Industry Leader for KPMG Forensic and Henderson is a Partner with the Regulatory Advisory Services of KPMG. The course uses graphics, animations and learn-by-doing exercises to introduce real-life situations that employees in a financial institution may encounter
In this course, you will examine how to:
- Detect and prevent money laundering
- Recognize the extent of their anti-money laundering responsibilities
- Understand the penalties and sanctions of noncompliance
- Learn the reporting requirements
- Gain an awareness of money laundering trends
GOALS
After completing the course, you will be able to:
- Perform enhanced due diligence on applicants
- Protect your institution against OFAC violations
- Assess money laundering risk
- Know when and how to report suspicious activity
- Maintain proper records
CASE STUDY
Ken Coleman has two positions he must fill. He skillfully interviews two candidates and then makes his decisions. The case study focuses on Ken's interviewing needs and the skills and techniques he uses to arrive at the optimal outcome.
INSTRUCTIONAL PATH CONTENT
- Module 1 - Overview of Money Laundering
- Module 2 - Enhanced Due Diligence to Prevent Money Laundering
- Module 3 - Transaction Monitoring
- Module 4 - Reporting Requirements, Enforcement and Investigation
JUST-IN-TIME CONTENT
- 28 main Instructional Path screens
- 12 screens of Learn-by-Doing Exercises with diversified formats (multiple
choice, Yes or No, True or False and Red Flag/Green Flag) - each designed to
keep the learner interested and challenged
- 20 "Ask an AML Professional" audio clips with text transcript of industry
consultants providing answers to context-sensitive questions
- 33 Frequently Asked Questions supporting the instructional content
- 15 "In the News" newspaper articles about non-compliance cases
Presented in the Interactive Directed Learning Model™
Call us at 610.388.0969 or use our convenient contact form.
| |
 |
