Protect your financial institution with expert insights from our Red Flags and High-Risk AML Transactions webinar. Designed for professionals navigating the challenges of Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) compliance, this specialized training dives deep into identifying and managing high-risk transactions.
This engaging, two-hour session is your opportunity to strengthen your knowledge of AML best practices, stay ahead of evolving threats, and position your organization as a leader in compliance and vigilance.
Why Attend?
Earn 2 CPE Credits
Participants receive 2 Continuing Professional Education (CPE) credits, recognized in the field of auditing, to bolster their professional credentials while enhancing their AML expertise.
Master High-Risk Transaction Compliance
Learn how to identify red flags, pinpoint suspicious activities, and implement strategies that protect your institution from money laundering risks.
Gain Practical Tools for AML Success
This course offers actionable tools designed for immediate application, making it easier to detect and address high-risk transactions.
Engage With Industry Specialists
Gain real-world insights from seasoned anti-money laundering experts, equipping you with the confidence to handle compliance challenges effectively.
What You’ll Learn
This comprehensive training covers the critical aspects of high-risk transaction management and highlights strategies to safeguard your organization. Topics include:
AML and BSA Fundamentals: Understand the core principles of the Bank Secrecy Act and the role of AML in financial integrity.
Red Flags for Money Laundering: Learn to spot sophisticated techniques like micro-structuring, cuckoo smurfing, and identity theft.
Regulatory Reporting Requirements: Master the processes for Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) to stay compliant.
Risk Mitigation Strategies: Gain techniques for analyzing controls, reviewing high-risk accounts, and improving customer due diligence.
Communication Best Practices: Improve collaboration with your BSA officer and compliance team to strengthen internal oversight.
Key Features
Interactive Learning Experience: Participate in real-time discussions and gain clarity on your compliance challenges through Q&A with experts.
Focused Course Agenda: This training provides a step-by-step approach to understanding and managing high-risk AML transactions.
Action-Oriented Training: Leave with tools and solutions that can be applied immediately within your organization.
Course Agenda
Understanding Money Laundering and Its Evolution:
Explore the history of money laundering and its impact on global financial systems.
Identifying Red Flags:
Delve into warning signs linked to structuring, layering, and fraudulent behaviors.
BSA and USA PATRIOT Act Essentials:
Review the regulatory framework and requirements set by BSA and related acts.
Customer Due Diligence (CDD) and KYC:
Understand key compliance practices for knowing your customer and managing high-risk accounts.
Managing AML Alerts and Investigations:
Enhance your ability to handle, monitor, and resolve alerts tied to suspicious activity.
Current Challenges in AML Compliance:
Tackle emerging issues like false positive alerts, overlaps with fraud, and evolving perpetrator tactics.
Who Should Attend?
This course is tailored for financial professionals committed to protecting their institutions from money laundering risks, including:
Compliance Officers and AML specialists
Internal Auditors responsible for examining transactional risks
Fraud detection and investigative professionals
Risk management teams addressing high-risk customers and accounts
The program is ideal for both newcomers to the compliance field and experienced professionals seeking to refresh their knowledge of AML practices.
Session Details
When: Every 8 weeks, Tuesdays, 10 a.m.–12 p.m. CST
Where: Online, live, group-based webinar
CPE Credits: 2 credits (50 minutes of instruction per credit hour)
Private Training Available: Ideal for teams of two or more seeking a customized schedule.
Why High-Risk AML Compliance Matters
Money laundering doesn’t just tarnish reputations—it directly threatens the integrity of financial institutions and the larger economic system. Regulatory penalties, reputational damage, and legal consequences can cripple organizations that fail to comply.
By mastering AML and BSA compliance, you not only defend against financial crime but also foster a culture of transparency, trust, and accountability within your organization.
This training positions participants to proactively detect, manage, and reduce risks associated with high-risk transactions, ensuring long-term institutional success.
Register Today
Don’t miss your chance to build expertise in combating high-risk AML violations. Red Flags and High-Risk AML Transactions delivers the insights and tools needed to protect your financial institution while positioning your career for growth.
Secure your spot today and join professionals across the financial industry who are committed to excellence in compliance. Gain confidence, avoid risks, and become a leader in the fight against money laundering.
Register now and take charge of financial security in your organization!

Red Flags and High Risk AML Transactions

$140.00

Quantity

Offered every eight weeks on Tuesdays at 10:00 a.m. to 12:00 noon Central Time in two CPE-Credit event.

We can schedule private events on your timetable for two or more attendees.

NASBA Program Disclosures

Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing
CPE Credits: 2, based on 50 minutes of instruction per hour
Money laundering is one of the primary regulatory concerns for any financial institution.

This webinar will provide valuable assistance to all personnel with AML responsibilities in banks or other financial institutions:

What is money laundering

History of money laundering

Red flags of structuring

Red flags of micro-structuring

Red flags of cuckoo smurfing

How can allowing money laundering will affect the financial institution

How to communicate with the BSA officer

What are the Red Flags for Identity Theft

Understanding money launderers' strategies and techniques

This webinar will teach the attendee how to spot money laundering from the branch perspective and from an overall compliance department perspective.
This CPE event will cover the following learning objectives:

What is money laundering

History of money laundering

Red flags of structuring

Red flags of micro-structuring

Red flags of cuckoo smurfing

How can allowing money laundering will affect the financial institution

How to communicate with the BSA officer

What are the Red Flags for Identity Thef
The major agenda items within this intense CPE training event are answering:

Requirements of the Bank Secrecy Act (and related areas of the USA PATRIOT Act)

Know Your Customer (KYC) requirements

Currency Transaction Reports (CTRs) requirements

Suspicious Activity Reports (SARs) requirements

New Customer Due Diligence requirements

Steps are specifically required by the regulations

Analytic engines

Compliance Issues

Current issues and problems

AML and Fraud overlaps

Adaptation by perpetrators

False Positive Problem
This CPE event "Red Flags and High-Risk AML Transactions" offers an overview into identifying and managing potential red flags associated with high-risk Anti-Money Laundering (AML) transactions. Attendees can expect to gain valuable insights into recognizing suspicious activities, understanding the indicators of potential money laundering, and implementing effective strategies for mitigating associated risks.

During this event, participants will explore crucial topics such as the identification of unusual or high-risk transactions, detecting potential structuring and layering activities, and understanding the complexities of dealing with high-risk customers or counterparties. Moreover, the session will cover the analysis of red flags associated with politically exposed persons (PEPs), beneficial ownership structures, and non-resident clients to bolster attendees' ability to navigate and address these intricate compliance challenges effectively.

By attending this CPE event, professionals in the financial sector can enhance their understanding of red flag indicators for high-risk AML transactions, ultimately empowering them to strengthen their institution's AML compliance framework. The insights gained from this event hold the potential to provide professionals with the knowledge and tools necessary to stay ahead of emerging AML risks and protect their organizations from financial crime threats.
In the realm of financial compliance, especially concerning Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA), staying informed and educated is paramount. For professionals seeking to deepen their understanding and ensure their practices are up to date, the "AML/BSA Basics and Compliance" event stands as a beacon of knowledge. Here, I've gathered some authoritative sources that will complement your journey through this essential seminar, helping you to navigate the complexities of AML and BSA with confidence and authenticity.

1. Federal Financial Institutions Examination Council (FFIEC): FFIEC provides a variety of educational resources, including the Basic International Banking Self-Study, which offers insights into anti-money laundering measures from an international perspective. While not solely focused on BSA/AML, this resource can broaden your understanding of global compliance issues.

2. Federal Deposit Insurance Corporation (FDIC) - AML Resources: The FDIC offers a comprehensive overview of AML policies, aimed at assisting banks in developing and maintaining effective AML programs. This resource is a cornerstone for any financial professional looking to deepen their understanding of AML frameworks and ensure their practices are robust and compliant.

3. Office of the Comptroller of the Currency (OCC) - BSA/AML Compliance: The OCC's handbook on BSA/AML compliance is an essential guide for national banks and federal savings associations. It provides detailed insights into compliance requirements, risk management practices, and examination procedures. This resource is invaluable for professionals seeking to navigate the regulatory landscape with confidence.

4. FinCEN - Guidance and Advisories: The Financial Crimes Enforcement Network (FinCEN) plays a pivotal role in the United States' efforts to combat money laundering and financial crimes. Their collection of guidance, advisories, and FAQs offers clarity on complex issues, helping institutions to align their practices with current regulations and enforcement priorities.

5. Securities and Exchange Commission (SEC) - AML Source Tool for Broker-Dealers: For those in the securities industry, the SEC's AML Source Tool is a treasure trove of information. It compiles statutes, rules, and guidance on AML compliance specifically for broker-dealers, facilitating a deeper understanding of the obligations and best practices within this sector.

6. Financial Industry Regulatory Authority (FINRA) - AML: FINRA provides a wealth of information on AML compliance for firms under its umbrella. From training videos to regulatory notices, this resource supports financial professionals in staying abreast of evolving AML expectations and enhancing their compliance programs.

Each of these sources offers a unique perspective and depth of knowledge in the field of Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) compliance. By engaging with these resources, you'll gain a well-rounded understanding that not only complements the "AML/BSA Basics and Compliance" event but also enriches your professional practice in meaningful ways.

Red Flags and High Risk AML Transactions

Details on Event Presentation

CPE Event Highlights

Learning Objectives

Key Issues on the Agenda

Summary of the Subject Matter

Authoritative Sources

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