FINRA: AML—Institutional: Identification and Reporting Issues

Overview

Scenarios cover trading activity inconsistent with investment objectives, extra due diligence requirements for an acquisition, and new account opening with a politically exposed person.

Learning Objectives

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

  • explain why broker-dealers have anti-money laundering compliance programs
  • describe the 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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License or Certification

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