Anti-Money Laundering Explained
The purpose of this course is to provide you with the tools to better undertake your responsibilities in your insurance and financial services transactions.
The purpose of this course is to provide you with the tools to better undertake your responsibilities in your insurance and financial services transactions. In the first Module we are going to discuss the Laws that inform AML Compliance. In the second Module we look at the establishment of an AML Program. In Module Three we discuss the Due Diligence and Information Sharing Practices. The course concludes with Module Four a review of the “Working-Definitions” of AML and Investing in general. Please note that many of the concepts in the Appendix are “advanced”. You should review this material but you will not be test on it.
This course makes a few assumptions about you the student:
- You are a currently licensed Florida Insurance Agent or Adjuster.
- You are interested in additional information, resources, and knowledge regarding the inner workings of insurance and financial services in general.
In insurance, as in all sales fields, the more familiar you are with a product, the more knowledgeable you can be in assisting you clients and ensuring their understanding of products so that they may make clear and concise decisions.
If you are planning on selling financial services products, you should dedicate enough of your time to learning how they work using resources like this course. You do yourself and your clients great service when you effectively communicate how financial services products can benefit them.
This course consists of four Modules; each Module concludes with a Key Takeaway section; these are important and are the basis of the Module Quizzes and Final Exam.
- Module One: Acts that inform AML Compliance
- Module Two: Establishing an AML Program
- Module Three: Due Diligence and Information Sharing Practices
- Module Four: Definitions