Anti-Money Laundering Compliance Boot Camp
Available in 2010
The Anti-Money Laundering Compliance Boot Camp covers core anti-money laundering (AML) regulatory requirements and compliance responsibilities. The curriculum includes how to develop an AML program, monitor for and report on suspicious activity, write a SAR and identify red flags, and create independent testing procedures. Participants are required to complete 10-12 hours of assigned pre-course readings and online self-study prior to attending the in-person session. This course is designed for new AML compliance officers and others with AML compliance responsibilities.
After completing this program, you will be able to:
- Explain the AML obligations for securities firms under the USA PATRIOT Act, NASD Rule 3011 and Bank Secrecy Act
- Develop a risk-based AML compliance program
- Apply techniques to verify customer identification and conduct other forms of due diligence
- Recognize common money-laundering red flags
- Recognize when and how to report suspicious activities
- Write and file an effective suspicious activity report form (SAR-SF)
- Conduct an effective independent testing program
- Define and develop an AML training program
- List regulatory examination priorities and common findings with respect to AML compliance
- Define the role and responsibilities of the AML compliance officer
Program Requirements
| Live Webinar: Introduction and program overview |
| Self-Study: Complete online learning and reading materials (10-12 hours of work) |
| Classroom Session: Attend two-day course and complete in-class multiple-choice test |
Only The FINRA Annual Conference is open to the media. All other FINRA conferences, pre-conferences, classroom learning, compliance boot camps, and FINRA Institute at Wharton are closed to the media.
