This webinar will address the red flags that may indicate money laundering and fraud in non-bank financial institutions. It will also provide guidelines for conducting enhanced due diligence (EDD).
This webinar will explore what red flags non-depository businesses should be on the lookout for - these red flags usually are indicators of potential money laundering or fraud or a reason for conducting enhanced due diligence (EDD). The course will look at life insurance companies, broker-dealers, money service businesses, casinos, mortgage originators, and the precious metals/jewelry industry. The webinar will explore money laundering typologies being reported in these businesses and discusses their indicators.
Why Should You Attend:
Much of the existing guidance on red flags focuses on depository institutions.This webinar will explore what red flags non-depository businesses should be on the lookout for - these red flags usually are indicators of potential money laundering or fraud or a reason for conducting enhanced due diligence (EDD). The course will look at life insurance companies, broker-dealers, money service businesses, casinos, mortgage originators, and the precious metals/jewelry industry. The webinar will explore money laundering typologies being reported in these businesses and discusses their indicators.
Areas Covered in the Webinar:
- Typologies reported by FATF, FinCEN and FINTRAC
- FinCEN and FINTRAC reported trends in SARs and STRs
- Red flags: indicators of suspicious activities and triggers for EDD
- Methods of detecting the red flags
Who Will Benefit:
- BSA/AML Compliance Officers
- BSA/AML Analysts
- Internal Auditors
Speaker
Vicki LandonCourse Provider
Vicki Landon,
