THE IMPORTANCE OF ROBUST AML TRAINING

Financial crimes against financial institutions are increasingly being reported. Effective identification and mitigation of financial crime risks are therefore essential in order to protect firms, and their customers, from financial crime. Effective financial crime controls ensure reputational wellbeing as well as compliance to domestic and international regulations.

Financial institutions have a regulatory obligation in the U.S. and many other jurisdictions to establish and maintain a Bank Secrecy Act/anti-money laundering (BSA/AML) compliance program, which is an essential component of a financial institution’s compliance regime. BSA/AML compliance program is required to be assessed and improved on regular basis to so as to protect financial institutions from ever – evolving financial crimes and to comply with changing regulatory environment. Ongoing training is one of the most important and effective ways of addressing these issues and of preparing for future regulatory changes.

WE OFFER COMPREHENSIVE AML TRAINING COURSES IN THE FOLLOWING ASPECTS

BSA Training for New Hires – Overview of money laundering, AML compliance and the Bank Secrecy Act for all recently hired bank employees or personnel that transferred into the AML/Compliance dept.

Advanced Money Laundering Techniques – Summary and details of several of the most commonly used money laundering techniques.

Latest Money Laundering Trends, Patterns and Threats – Discover some of the latest and greatest methods that money launders are using.

Due Diligence for Compliance – Develop your case using sound investigative principles, techniques and strategies.

Suspicious Activity Reporting – Learn red flags; complete a proper narrative and understand what law enforcement and the regulators are looking for.