AML for Registered MSBs
Price: $30
Length of Course: 40-50 min
Platform: Accessible from any device with seamless progress tracking
Course Outline & Provider Qualifications
This Anti-Money Laundering (AML) course is specifically tailored for Money Service Businesses (MSBs) involved in account management and the flow of funds. MSB firms are required to be registered with the U.S. Financial Crimes Enforcement Network (FinCEN) and satisfy a number of regulatory requirements. This course is designed to satisfy the FinCEN requirement that MSBs provide regular AML training to their employees.
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- Reporting requirements and money thresholds
- Requirements for filing Suspicious Activity Reports (SARs)
- Red flags
Built upon our most popular standard AML course, this version adheres to global standards that cover developing, deploying and executing AML programs. Course content is updated throughout the year to stay current with changes to the Financial Action Task Force (FATF) ‘grey’ and ‘black’ lists, followed by FinCEN in the U.S. and applied to major financial markets.
Our course features unique design elements tailored to optimize comprehension. Through role-based learning, content is tailored to address the specific challenges relevant to your role. Additionally, optional content explores the AML frameworks utilized in several non-U.S.-jurisdictions, including the EU, the U.K., Canada, Singapore, Australia, Hong Kong, Japan, and New Zealand. This eliminates the need for multiple courses when operating across borders.
Learning Objectives
- Identify and understand MSB-specific AML requirements, including AML red flags for MSBs.
- Stay abreast of the latest high-risk jurisdictions identified on the FATF ‘grey’ and ‘black’ lists.
- Learn global standards for developing and maintaining effective AML compliance programs.
- Identify and understand SAR filing requirements, including the role of individuals.
- Apply concepts learned throughout the course with an in-depth case study; discussions of actual regulatory enforcement cases; and a final assessment.
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Industry Giants
Course Content
Administrative Advantages
- Dedicated Management Portal: A separate secure login designed specifically for management.
- Real-time Tracking: Instant access to view individual employee progress and completion status.
- Reporting Access: Download certificates and reports including information about training progress, courses, system log, and much more.
Why Our Clients Choose Us
First-Class
Customer Service
“Team’s commitment to swift and personalized communication sets them apart.”
User-Friendly
Training Portal
“Ease of Learning Management System.”
Compliance Officer
Empowerment
“Ability for CO’s to log in and view employee training status.”
Current and Comprehensive
Content
“Regularly updated course material.”
Individual Learner
Register as an individual user & pay by credit card.
Purchase For Your Firm
Register employees for training. Email orders@xanalytics.com or contact us.
