FINRA: AML—Institutional: Your Role in Detecting and Deterring Money-Laundering Activity

Overview

Activities in this course demonstrate why prompt escalation of suspicious activities is essential. Your firm does not need to confirm that a crime has been committed before it files a report, and you do not need evidence that a transaction involves illegal activity before you escalate the situation.

Learning Objectives

Students who successfully complete this course will be able to:

  • explain why broker-dealers have anti-money laundering compliance programs
  • describe techniques for identifying and verifying the identity of customers and beneficial owners of legal entities
  • communicate the importance of ongoing customer due diligence
  • recognize and escalate “red flags” that may signal potential money laundering or other suspicious activity

Designed for

Institutional

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