What You'll Learn
This webinar provides an overview of Anti-Money Laundering (AML) requirements and the importance of effective compliance programs in financial institutions. It explains the three stages of money laundering, while also highlighting customer due diligence, sanctions compliance, and suspicious activity monitoring. This webinar emphasizes practical strategies for identifying high-risk customers, meeting regulatory obligations, and protecting organizations from financial crime.
Learning Objectives
After attending this course, learners will be able to:
- Understand the key elements of an AML compliance program, including the five pillars and regulatory expectations.
- Identify and explain the three stages of money laundering, along with red flags that may indicate suspicious activity.
- Recognize the role of customer due diligence, enhanced due diligence, and sanctions compliance in managing AML risk.
About the Author:
Sharon Blanchette is a risk, compliance, and anti-financial crimes (AFC) subject matter expert who has enjoyed a long career working with banks, credit unions, fintechs, mortgage companies/servicers, and the vendors who support them.
Sharon's specialties include building and enhancing compliance and AFC programs, assisting institutions during mergers and acquisitions, serving as a temporary outsourced compliance or AFC officer, managing lookbacks, and breaking down complex regulations and requirements into effective training materials.
Sharon is a Certified Public Accountant, a Certified Internal Auditor, a Certified Anti-Money Laundering Specialist, and holds the Consumer Regulatory Compliance Manager certification. In early 2021 she obtained a crypto currency certification and a cannabis risk management certification. She serves on the Board of the Virginia Chapter of ACAMS. She enjoys publishing articles and speaking on industry topics.
You Might Also Like
On-Demand Course
RDC Rules and Regulations: Compliance Review and Checklist
On-Demand Course
Remote Deposit Capture, aka RDC, just like other payment collection systems have guidance, laws and rules that are required for a financial institution to mitigate the risks and ensure compliance with its RDC Program. This payments webinar will cover FFIEC Guidance on remote deposit capture which...
Instructor: Kelly Rozier
299.00
Order Today
Role: Compliance and Regulations
299.00
Order Today
Dec 10 | 2:30pm Est.
!! TIME'S RUNNING OUT !!
FCRA – the 800 Pound Compliance Gorilla
Dec 10 | 2:30pm Est.
!! TIME'S RUNNING OUT !!
Dec 10 | 2:30pm Est.
!! TIME'S RUNNING OUT !!
It’s no exaggeration: Regulations implementing the FCRA represent some of the most underrated rules in banking. Their reach extends far and wide within financial institutions, covering everything from deposit accounts to loans; Human Resources to Marketing. Consider it the 800 pound gorilla you...
Instructor: Rebekah Leonard
299.00
Order Today
Role: Compliance and Regulations
Credits: 2.4 CPE/ NASBA for live attendance only
299.00
Order Today
On-Demand Course
Reg E Deep Dive into What Matters Most
On-Demand Course
This Course will look at the commonly cited Reg E violations from the CFPB. UDAP penalties have been imposed numerous times because of a disconnect between what banks disclosed using model Reg E forms and what it actually did.
Instructor: Andy Zavoina
299.00
Order Today
Role: Compliance and Regulations
299.00
Order Today
On-Demand Course
Navigating Regulation CC – Key Updates, Fraud Risks, and Compliance Best Practices
On-Demand Course
This session will provide an overview of Regulation CC, explore upcoming changes impacting financial institutions, and examine the evolving fraud implications for ACH transactions and check payments. Learn how to stay compliant with regulatory shifts while safeguarding your organization against i...
Instructor: Kelly Rozier
299.00
Order Today
Role: Compliance and Regulations
299.00
Order Today