Money Service Business specific Compliance and Financial training.
Seat Time: hrs - Desc: This course will familiarize the learner with the crime of money laundering relative to his/her position at the MSB. This course will also provide the learner with a comprehensive overview of the red flags of money laundering and suspicious activity so that s/he will be able to recognize and report these indicators.
Seat Time: hrs - Desc: This course will introduce the learner to the ways in which MSBs are directly affected by BSA requirements. The course will familiarize the learner with the Act itself, as well as how and when to file Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs), and why this is important.
Seat Time: hrs - Desc: This course will give an overview of the various types of money services businesses (MSBs) that exist, and the regulations surrounding their operation within the United States. The learner will understand the function of the BSA/AML compliance program within money transmitters, including information concerning Suspicious Activity...