BSA/AML: Overview


Explores the risk assessment components that help prevent the different types of financial crimes. Covers the three stages in the money laundering process and provides current examples of possible schemes. Explains the four required elements of a BSA compliance program that must be implemented.

Updated: Sept. 2017
Re-versioned: June 2016

Learning Objectives

After completing this course, students will be able to:

  • Describe the foundation of the BSA
  • Explain the BSA’s expectations for the components of a bank’s risk management process
  • Describe the impact of financial crime on society
  • Explain the funding sources terrorists may use for financing
  • Name the key compliance program elements banks must implement to combat financial crime

Audience

Bank employees who need an understanding of core Bank Secrecy Act requirements.

​Course Credits

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Questions? Please contact training@aba.com for more information.
 

 Benefits of Self-Paced Training

 
  • Ultimate flexibility
  • Quizzes to support learning
  • Mobile format available
 

 Frontline Compliance

 
This course is available to ABA Member banks at no cost under a license agreement. Learn more
 

 Registration & Pricing

 

ABA Member • $55
Non-Member • $75

 

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