FINRA: AML—Retail: Understanding Your Role—Vol. 2 (EL-ELC239)

Course Description

FINRA’s anti-money laundering (AML) e-learning courses cover concepts and strategies for detecting and preventing money-laundering activity. Each course presents unique scenarios that illustrate typical money-laundering situations. In this course, registered representatives are presented with scenarios that help demonstrate the critical role they play in recognizing and escalating situations that may indicate money-laundering activity.

Learning Objective(s)

By taking this course, you will be able to:

  • Recognize unusual or suspicious activity that may indicate potential money laundering.
  • Recognize the importance of ongoing due diligence as it relates to customers and their accounts.
  • Understand that those who engage in money laundering activity are constantly changing tactics to avoid detection.
  • Handle situations with customers or potential customers when having to ask for additional information upon observing unusual account activity.
  • Better understand your role in recognizing and escalating suspicious activity.

Complexity

Intermediate