1. Anti-Money Laundering
XYZ Bank University
Anti-Money Laundering
Awareness Training

2. View Course or Take Assessment
XYZ Bank University
View Course or Take Assessment
In an effort to streamline Compliance Training for our associates, you have the opportunity to demonstrate your current knowledge of the course content by completing the assessment upfront.
If you would like to move straight to the assessment without reviewing the content of the course, click the Take Assessment button
Please note that if you receive a score below passing (i.e. 80%), you will be required to review and complete the course content before attempting the assessment again.
If you wish to review the course material before attempting the assessment, click the View Course button.
View Course
Take Assessment

3. XYZ Bank University Objectives
Recognize key terms of Anti-Money Laundering regulations including the Bank Secrecy Act (BSA), Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (USA PATRIOT Act), and controls imposed by the Office of Foreign Assets Control (OFAC)sanctions regulations.
Understand XYZ Bank’s obligations under these regulations
Identify how AML regulations impact business operations
Recognize your duties under XYZ Bank’s AML Policy.

4. Introduction: Anti-Money Laundering
XYZ Bank University
Introduction: Anti-Money Laundering
Because money laundering techniques continue to evolve, there is no single method to detect it in banks and other financial institutions. There are, however, a variety of methods that can be used to identify and prevent money laundering, as well as procedures that must be followed to comply with reporting and record keeping requirements of AML laws, including the Bank Secrecy Act (BSA), the USA PATRIOT Act and other statues and regulations.
XYZ Bank’s AML Compliance Program defines:
Procedures to follow when obtaining and verifying a new customer’s identification
Activities that are considered suspicious, and Suspicious Activity Report (SAR) filing requirements.
Additional recordkeeping and other requirements under the BSA and USA PATRIOT Act.
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5. What is Money Laundering?
XYZ Bank University
What is Money Laundering?
Money Laundering is the process of concealing or disguising the existence, illegal source, movement, destination or illegal application of property or funds obtained from criminal activities and making them appear legitimate.
Most criminal activities are motivated by one thing; money. Money laundering occurs when and individual attempts to use money associated with criminal activity in a legitimate financial transaction
In its simplest definition, Money Laundering is the act of converting “DIRTY” money into “CLEAN” money.
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6. FAQs: Terrorist Financing
XYZ Bank University
FAQs: Terrorist Financing
Here are some important FAQs about terrorist financing.
Click the questions below to learn more. Click the Next button when you are done
How much money is needed?
Where do the funds come from?
What kinds of activities are involved?
What other organizations may be involved?
What other ways do terrorist organizations disguise their activities?
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7. XYZ Bank University Introduction:
This assessment is a knowledge test that will measure your retention of the training content and materials
Duration: Approximately 10 minutes
Mastery: An 80% mastery is required for completion. You will receive your score immediately upon completion of the assessment.
Do not click the browser Back button during this assessment.
Click the Next button to continue.
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8. XYZ Bank University Instructions
The assessment is composed of the following item types:
Multiple Choice: select one option.
True/False: select one option
Click the Next button to begin
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9. Which is not a stage of money laundering?
XYZ Bank University
Which is not a stage of money laundering?
Restitution
Integration
Layering
Placement
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SUBMIT

10. XYZ Bank University
The Bank Secrecy Act requires banks to report transactions greater than _____
$ 15,000 USD
$ 2,000 USD
$ 5,000 USD
$ 10,000 USD
2 of 10
SUBMIT

11. XYZ Bank University Score You have completed the assessment.
Your score is _____
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12. Thank you! XYZ Bank University
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EXIT

13. Instructor-led training session
XYZ Bank University
Instructor-led training session
This session will include
Systems training
Role-playing
Quizzes, Question & Answers

14. Systems training XYZ Bank University
Employees will be taught specific system skills.
Employees will be walked through the computer system that is used for AML procedures.

15. Role-playing How to Use Role Playing
It is easy to set up and run a role-playing session. It will help to follow the five steps below.
Step 1: Identify the Situation
To start the process, gather people together, introduce the problem, and encourage an open discussion to uncover all of the relevant issues.
Step 2: Add Details
Step 3: Assign Roles
Employees will act as employee and/or manager
Step 4: Act Out the Scenario
Employee will be asked to file a SAR (Suspicious Activity Report) and explain to his manager.
Step 5: Discuss What You Have Learned

16. Quiz, Questions & Answers
The session will end with an informal quiz about important terminology and procedures
Q & A session will conclude the training