{"product_id":"aml-requirements","title":"AML Requirements","description":"\u003cdiv class=\"ebsi-team-licence-note\"\u003e\u003cp\u003e\u003cstrong\u003eBuying for a team?\u003c\/strong\u003e\u003cbr\u003eChoose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.\u003c\/p\u003e\u003c\/div\u003e\n\u003c!-- ebsi-sales-wrapper --\u003e\u003cdiv class=\"ebsi-sales-wrapper\"\u003e\n\u003cp\u003e\u003cstrong\u003eDevelop practical knowledge and confidence in AML Requirements.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis 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. After completing this course, the learner will understand:\u003c\/p\u003e\n\u003ch3\u003eWhy this course matters\u003c\/h3\u003e\n\u003cp\u003eThis course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.\u003c\/p\u003e\n\u003ch3\u003eWhat you will gain\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eBuild a clearer practical understanding of the key concepts and terminology in AML Requirements.\u003c\/li\u003e\n\u003cli\u003eRecognise how the topic affects real international trade, finance or risk decisions.\u003c\/li\u003e\n\u003cli\u003eApply the course principles more confidently in relevant business situations.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eWho is this course for?\u003c\/h3\u003e\n\u003cp\u003eThis course is suitable for trade finance professionals, bankers, compliance and risk teams, exporters, importers and other professionals involved in international transactions.\u003c\/p\u003e\n\u003ch3\u003eCourse at a glance\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eStudy time:\u003c\/strong\u003e approximately 2 hours.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFormat:\u003c\/strong\u003e self-paced online learning.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProfessional development:\u003c\/strong\u003e CPD course.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cp data-mce-fragment=\"1\"\u003eSeat Time: 2.hrs \u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eThis 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. After completing this course, the learner will understand:\u003c\/p\u003e\n\u003cul data-mce-fragment=\"1\"\u003e\n\u003cli data-mce-fragment=\"1\"\u003eHow to identify the various red flags of money laundering.\u003c\/li\u003e\n\u003cli data-mce-fragment=\"1\"\u003eThe role of OFAC and how an OFAC program should be implemented at the institution.\u003c\/li\u003e\n\u003cli data-mce-fragment=\"1\"\u003eThe criteria that constitutes a high-risk person, product or service, and geographic location.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch5\u003e\u003cu\u003e\u003cstrong\u003eCourse Topics\u003c\/strong\u003e\u003c\/u\u003e\u003c\/h5\u003e\n\u003cp\u003e\u003cstrong\u003eT1. Money Laundering:\u003c\/strong\u003e This topic will provide the learner with an introduction to the crime of money laundering, an act or attempt to disguise the source of money or assets derived from criminal activity, by providing the goals of money launderers and the steps of money laundering.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT2. Red Flags of Money Laundering:\u003c\/strong\u003e This topic will teach the learner about the warning signs that money laundering is occurring, such as avoiding reporting or recordkeeping or suspicious branch activities, so that the learner will be able to recognize red flags of money laundering.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT3. Customer Due Diligence (CDD):\u003c\/strong\u003e This topic will define customer due diligence procedures and will familiarize the learner with components of CDD and transaction monitoring programs.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT4. Information Sharing:\u003c\/strong\u003e This topic will help the learner understand what s\/he is to do when the institution receives requests from other institutions, such as the federal law enforcement agency FinCEN, for financial information and will teach the learner about the requirements required of the institution if a match is discovered.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT5. Office of Foreign Assets Control (OFAC):\u003c\/strong\u003e This topic will discuss the purpose and use of the Office of Foreign Assets Control of the U.S. Department of the Treasury, and will explain compliance, restrictions, and certain types of transactions.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT6. OFAC Program:\u003c\/strong\u003e This topic will outline the development of an OFAC program for the institution, including internal controls that can be used to screen for suspicious activity or accounts. The topic will also address the reporting of suspicious activity.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT7. High Risk Persons and Entities:\u003c\/strong\u003e This topic will define high-risk persons and entities and will familiarize the learner with the various types of high-risk persons and entities that s\/he may encounter at the institution, including non-resident aliens, politically exposed persons, non-bank financial institutions, and professional service providers.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT8. High Risk Products and Services:\u003c\/strong\u003e This topic will define high-risk products and services, including information on the use of physical cash in criminal activities and how to handle cash transactions, wire transfers, and more.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT9. High Risk Geographic Locations:\u003c\/strong\u003e This topic will teach the learner about the various domestic and international high-risk geographic locations that exist and includes detailed images that will help the learner recognize visually the different places in the United States where financial crimes and drug trafficking areas are located.\u003c\/p\u003e\n\u003c!-- ebsi-cross-sell --\u003e\u003cdiv class=\"ebsi-cross-sell\"\u003e\n\u003ch3\u003eContinue your learning\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003ePart of this learning pathway:\u003c\/strong\u003e \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eLearners also take:\u003c\/strong\u003e \u003ca href=\"\/products\/aml-requirements-for-csos\"\u003eAML Requirements for CSOs\u003c\/a\u003e  |  \u003ca href=\"\/products\/aml-requirements-for-lenders\"\u003eAML Requirements for Lenders\u003c\/a\u003e  |  \u003ca href=\"\/products\/aml-requirements-for-operations\"\u003eAML Requirements for Operations\u003c\/a\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c!-- ebsi-academy-breadcrumb --\u003e\n\u003chr\u003e\u003cdiv class=\"ebsi-course-pathway\"\u003e\n\u003cp\u003e\u003cstrong\u003eCourse pathway:\u003c\/strong\u003e \u003ca href=\"\/pages\/welcome-to-ebsi-banking-academy\"\u003eeBSI Banking Academy\u003c\/a\u003e \u0026gt; \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e \u0026gt; AML Requirements\u003c\/p\u003e\n\u003cp\u003eExplore more \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e training or return to the \u003ca href=\"\/pages\/welcome-to-ebsi-banking-academy\"\u003eeBSI Banking Academy\u003c\/a\u003e.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Bankers Academy","offers":[{"title":"Individual Licence (EUR 60)","offer_id":40045662568626,"sku":"BA-054","price":66.0,"currency_code":"USD","in_stock":true},{"title":"5 Licences (EUR 50 each)","offer_id":59260495298908,"sku":null,"price":275.0,"currency_code":"USD","in_stock":true},{"title":"10 Licences (EUR 40 each)","offer_id":59260495331676,"sku":null,"price":440.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/products\/BA-054AMLRequirementsCover.png?v=1621267636","url":"https:\/\/www.ebsiamericas.com\/products\/aml-requirements","provider":"eBSI Export Academy","version":"1.0","type":"link"}