160125 – Anti-Money Laundering and Combating Terrorist Financing
Anti-Money Laundering and Combating Terrorist Financing provides employees with guidance around how to detect and prevent these financial crimes.
The course covers what money laundering and how it typically occurs; it also emphasizes know-your-customer due diligence, complying with sanction programs, and identifying red flags as integral to preventing money laundering and terrorist financing.
Lastly, employees receive instruction on recordkeeping and reporting suspicious activity.
Arabic | Chinese Simplified | Dutch | English | French | French Canadian | German | Italian | Japanese | Korean | Brazilian Portuguese | Russian | Spanish Castilian | Spanish Latin American
Key Terms: accounts | anti-money laundering (AML) | beneficial owners | beneficial ownership | combating terrorist financing (CTF) | countering the financing of terrorism (CFT) | counter-terrorist financing (CTF) | customer due diligence (CDD) | due diligence | Financial Action Task Force (FATF) | Financial Crimes Enforcement Network (FinCEN) | high-risk entities | integration | internal controls | Know Your Customer (KYC) | layering | monitoring | non-retaliation | Office of Foreign Assets Control (OFAC) | Organisation for Economic Co-operation and Development (OECD) | placement | politically exposed persons (PEP) | recordkeeping | records | red flags | reporting | risk assessments | sanctions | sanctions compliance | terrorist financing | transactions | United Nations (UN) | watch lists