US Anti-Money Laundering (AML)
Objectives
On completion of this tutorial, you will be able to:
Define money laundering and terrorist financing and recognize the similarities and differences between the two crimes
Identify the laws and regulations in relation to money laundering and terrorist financing and your associated obligations
Recognize the importance of a firm’s systems and controls in relation to managing financial crime risks
Tutorial Overview
This tutorial is a guide to controlling money laundering and terrorist financing risks for financial services staff at all levels. It details the relevant laws and regulations that firms and individuals need to follow, as well as the systems and controls that are used to manage financial crime risks.
The information is pitched so that the tutorial is relevant to those with no experience of the US anti-money laundering (AML) and counter-terrorist financing (CTF) regime, although there is sufficient detail to make the tutorial useful to more senior managers as well.
Prerequisite Knowledge
None
Tutorial Level
Introductory