Anti-money Laundering (AML) and the Bank Secrecy Act (BSA)

This online course will review the Bank Secrecy Act (BSA), outline what is expected of a company's Anti-Money Laundering (AML) policies and programs, describe how to complete a Suspicious Activity Report (SAR), and defines a wide variety of red flags that employees should look out for that might indicate the transaction might indicate mortgage fraud.

Course Content

This course contains approximately two hours of reading materials, with simple question assessments scattered throughout the course. At the end of the course is a 20-question final exam that has a 70% minimum passing score. The final exam may be attempted as many times as needed. A course completion certificate will be available after passing the final exam.

Important Note To Compliance Staff – Read Before Adding To Training Curriculum

A note on this training to compliance officers and staff: If your company has made any changes to its anti-money laundering policy, it is strongly recommended that you have a structure in place that informs employees of any changes. This can take the form of an internal email notifying employees of the changes, a system that allows compliance staff to inform employees of changes and document acknowledgment, an in-office meeting presentation, or as an addendum to your money laundering training.

Your use of the OnlineEd compliance training system includes access to the “Policies” feature, which allows compliance staff to upload policy documents and requires employees to read the policy, highlights changes, and documents employee acknowledgment of the policy for your compliance records. This feature is available to you at no extra cost.

For more information on how to use this feature, please contact OnlineEd customer support at 1-866-519-9597. Additionally, if you would like to integrate your specific policy changes into this Anti-Money Laundering training course as an add-on, please consult OnlineEd course development for more information on how to structure your training material.