Red Flags and High-Risk AML Transactions

Anti-money laundering (AML) policies and procedures are a hot topic! Is your bank feeling pain from this intensifying regulatory requirement for the financial institution?

Properly managing high-risk transactions is a basic requirement in the banking industry. This event is focused on helping the bank to avoid reporting failures which can lead to sanctions. This event covers both the identification and the management aspects of high-risk transactions within the financial institution. Much of the session we will discuss actual money laundering strategies and techniques. And for each, what are the Red Flags such activities should raise? Missing "Red Flags" indicating money laundering can take place at your bank. The failure to file a SARs has potential regulatory ramifications.

This event looks at money laundering detection from a very different point of view. Most bankers will go their entire careers without uncovering a case of money laundering. It is hard to be on the lookout for something you have never seen before. The material in this valuable program is based on research, actual investigations, and 20 years in Miami banking. The instructor describes common laundering techniques and the Red Flags to look for.

This timely, two-hour CPE training event is designed for the internal auditor, compliance professional and others who wish to improve their AML tradecraft skills.

Each attendee will receive 2 CPE Hours (YB). A certificate of completion will be provided.

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