Print Page | Report Abuse | Sign In | Register
CORRESPONDENT BANKING AML

PROGRAM OVERVIEW

The various sections of the USA PATRIOT Act and implementing regulations in the Bank Secrecy Act have been in final form for several years now. This course will discuss the practical applications of the regulatory requirements, with an emphasis on nested accounts. It is designed for both U.S. financial institutions offering correspondent banking as well as for foreign financial institutions which have or are seeking U.S. correspondent banking relationships. U.S. financial institutions will acquire practical knowledge to apply to their correspondent compliance programs. Foreign financial institutions will have a better understanding and appreciation for the requirements of the correspondent bank and be better able to demonstrate its compliance program and contract requirements.


modality_icon

MODALITY

In-person
Online

duration_icon

DURATION

1 day in person or
60 days online

fees_icon

FEES

Starts at $795

language_icon

LANGUAGES

English
Spanish

level_icon

LEVEL

Intermediate

credit_icon

CREDITS

7 CE credits


LEARNING OBJECTIVES

Participants who successfully complete the program, will:

  • Acquire practical knowledge of immediate application in their AML compliance programs.
  • Understand the risks associated with foreign correspondent banking and learn the practical tools for addressing those risks within the compliance program.
  • Strengthen and demonstrate the effectiveness of their AML compliance programs and will comply with the requirements of their correspondent banking contracts.

THE PROGRAM INCLUDES:

  • Qualified Instructors – learn from world-class instructors with AML experience.
  • Ongoing Support – connect and interact with your instructor and other professionals.
  • Modules and Multimedia – improve understanding with easy-to-follow case studies, materials and discussions.
  • Quizzes & Discussion Forums – assess comprehension to successfully apply concepts in several scenarios.
  • Professional Accreditation – offered by FIBA and through Florida International University's (FIU), online learning platform Canvas.
  • Access to a Global Network – connect with professionals from various sectors.

WHO SHOULD ENROLL:

  • AML/CFT Compliance Personnel
  • Audit Personnel
  • Regulators/Supervisors of Financial Institutions
  • Marketing Professionals
  • Business Managers
  • Consultants