Course Overview
According to the United Nations Office on Drugs and Crime, money laundering is estimated to account for up to 5 percent of global GDP, highlighting the critical role of strong Anti-Money Laundering (AML) controls.
This compliance training course provides a comprehensive overview of Anti-Money Laundering obligations for U.S.-only organizations. The course explains who must comply, the five pillars of an effective AML program, and the importance of knowing your customer.
Participants learn about reporting duties, recordkeeping requirements, information sharing, sanctions compliance, and beneficial ownership reporting under the Corporate Transparency Act. The course also identifies common red flags and outlines the consequences of non-compliance.
Use this course to ensure your team is taking the necessary steps to defend the U.S. financial system against money laundering and related crimes.
Citation: United Nations Office on Drugs and Crime, Global Money Laundering Estimates
Key Audience
This course is intended for employees, managers, compliance officers, and executives working in financial institutions and U.S.-based organizations subject to federal anti-money laundering requirements.
Course Topics
Introduction
Who Must Comply?
The Five Pillars Of AML Programs
Knowing Your Customer
Reporting Duties
Recordkeeping And Information Sharing
Sanctions Compliance
Corporate Transparency Act - Beneficial Ownership Reporting
Red Flags
Consequences Of Non-Compliance
Checklist For U.S.-Only Organizations
Conclusion
Course Detail
Course ID
tabcaliu_vod
Time
10-20 MIN
Questions
10
Languages
en
video format
HD
captions
No
Resources
Yes
Lessons
12
Remediation
Yes
Bookmarking
Yes
Feedback
No
Microlearning
No