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.

Upon completion of this course, students 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

Institutional