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This webinar will help to understand the fundamental requirements of the BSA/AML statutes and Money Laundering strategies and techniques.


Money laundering continues to be a national concern. High levels of drug-related activity and violence have drawn additional attention. Terrorist activities need to be considered as well. Perpetrators have adapted to banks’ efforts so banks cannot combat the money laundering with yesterday’s methods. Software is widely installed to identify specific patterns and “unusual” transactions. But the fraudsters, who know this, are constantly striving to create illicit new patterns where their designed transactions cannot be flagged. Like in a game of chess, the advantage goes to the side that thinks the most moves ahead.

This webinar will provide valuable assistance to all personnel with AML responsibilities in banks or other financial institutions:

  • Compliance with regulatory requirements
  • Designing controls and compliance
  • Detecting money laundering attempts
  • Managing the investigating of AML alerts
  • Analyzing controls improvement options
  • Understanding money launderers’ strategies and techniques


  • The Bank Secrecy and USA PATRIOT Acts
  • Know Your Customer (KYC)
  • Currency Transaction Reports (CTRs)
  • Suspicious Activity Reports (SARs)
  • New Customer Due Diligence requirements
  • Steps are specifically required by the regulations
  • Analytic engines
  • AML and Fraud overlaps
  • Adaptation by perpetrators
  • False Positive Problem
  • The new customer Due Diligence requirements
  • Three covered entity types
  • Customer legal entity
  • Beneficial owners
  • Controlling Persons
  • Exclusions
  • New requirements
  • Risk profiles
  • Updating
  • Baseline/normal transactions
  • Transaction monitoring
  • Money Laundering Strategies and Techniques


  • Compliance/Legal Departments
  • Operations
  • Frontline Personnel
  • Internal Audit Departments
  • Chief Compliance Officers
  • Compliance Officers
  • Operations Personnel
  • Frontline Personnel    
  • Branch Managers
  • Fraud
  • Compliance and AML areas.
  • VP
  • Manager
  • Director
  • Supervisor levels


Jim George is an independent consultant to banks focusing on issues of fraud. He has over 25 years’ experience as a consultant to major banks in an associate partner and principal roles at PricewaterhouseCoopers Consulting, IBM Consulting in Bank Risk and Compliance, and Andersen Consulting (now Accenture). He has also been SVP Operations for a Fortis-US division providing outsourcing services to the banking industry. His work includes projects in fraud investigation, fraud prevention, identity issues, compliance, and AML (anti-money laundering). His background also includes work in bank operations and payments strategy, reengineering, systems, and quality improvement.

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Live Webinar

Live + Recorded Session

Get unlimited access to the link for one participant, from the date of webinar completion.

$269

Live + Transcript

Get unlimited access to the link for one participant, from the date of webinar completion.

$249

Live + Training CD

Free shipment within 3 to 5 Days from the date of webinar completion.

$450

On Demand

Transcript

PDF Transcript of the Training which are available once the webinar is completed.(Transcript for single user only)

$179

Downloadable recorded session

Get unlimited access to the link for six months.

$239

Training CD

Free shipment within 72 Hours, from the date of webinar completion

$350

Group Session

Group Session unlimited participants + Recorded

Live session for unlimited participants

$799

  

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