AML: Customer Identification Programs


This course discusses a broker-dealer’s obligations to verify the identity of any person seeking to open an account; maintain records of the information used to verify the person’s identity; and determine whether the person appears on any lists of known or suspected terrorists.

Learning Objectives

Upon completion of this course, students will be able to:

  • understand the required steps in customer identification
  • understand the verification process of customer identification
  • define the necessary steps to take when customer identification cannot be verified
  • understand customer due diligence and beneficial ownership
  • demonstrate the customer notification process

Designed For

Retail Representatives

Find this course for your license:

License or Certification