Description

Builds the customer identification and due diligence process for specific types of accounts believed to pose increased risks of money laundering and terrorist financing. Explains how the USA PATRIOT Act affects sharing of certain types of information between financial institutions and law enforcement officials.

What You’ll Learn
After completing this course, students will be able to:

Explain the importance of a risk assessment program

Describe the purpose and significance of the customer identification program

Discuss your bank’s customer due diligence policies, procedures and processes

Explain the requirements for suspicious activity reporting

Identify currency transaction reporting requirements and the two categories of exemptions

Additional information

Audience
Length	n/a
Credits	1.25 CRCM, CAFP, CERP
Member Price	275.00
Non-Member Price	375.00
Course Number	ABA
Location	Online Self-Paced
Vendor	ABA
Course Code	ABA
Prerequisites	None
Day	Online