UCC Course Registration

Description

In this course, after an introduction, we will explore the new requirements for insurance companies to establish anti-money laundering programs. The objective of this course is to help you understand problems and issues related to money laundering and how laws and rules have been adopted to address those problems. We will look first at the background leading up to the adoption of anti-money laundering protections. Then we will look more specifically at who and what is impacted by the new Rule. We will provide you with some helpful information on how you can stay on the right side of the law and we will discuss due diligence related to customer identification programs. Next we will take a look at who has the responsibility to monitor, detect, and file reports. Finally, before wrapping everything up in the conclusion, we will learn how to recognize suspicious transactions.

Course Outline:

  • Module 1 - Introduction
  • Module 2 - Background
  • Module 3 - Who and What Does This Impact?
  • Module 4 - How Do We Stay Out of Trouble?
  • Module 5 - Customer Identification Programs and Due Diligence
  • Module 6 - Monitor, Detect and File Reports
  • Module 7 - Learning to Recognize Suspicious Transactions - Red Flags
  • Module 8 - Let's Put It Together!

Credit info

Type Credits
Ethics Credits 0.00
General Credits 7.00