Bank Secrecy Act for Frontline Employees: 06. Review of Money Laundering Activities
- Gain an understanding of money laundering activities.
You should already be familiar with BSA/AML regulations and some of the red flags for money laundering. So in this course, we're going to dive a bit deeper, while doing a review of those red flags. We'll go over various ways that wire transfers are used to launder money, and we'll also discuss unusual activities to stay aware of. However, it's important to note that none of the activities we're discussing in the course are illegal on their own. Successful money laundering is a layered, complex process, almost never involving a single transaction.
- 9 minutes
- Format: Video