Bank Secrecy Act: Red Flags

This Bank Secrecy Act – Red Flags online training course explores red flags that can help bank employees recognize possible illegal activity

The Bank Secrecy Act or BSA requires financial institutions in the United States to assist US government agencies in detecting and preventing financial crimes such as terrorist financing, tax evasion, identity theft, different types of fraud, such as wire, loan, and elder fraud, structuring, account takeovers, human trafficking, funnel account activity, and more. Left unchecked, money laundering can erode the integrity of our financial institutions. This course provides the latest industry trends and issues related to the Bank Secrecy Act and Anti-Money Laundering laws.

Course Learning Objectives

By taking this online Bank Secrecy Act – Red Flags course, the user will:

• Understand what money laundering is and the government agency working to stop the activity
• Identify red flags that indicate activities that may be associated with illegal activity
• Know what to do if you encounter a red flag

Course Outline

This online Bank Secrecy Act – Red Flags course is made up of the following sections:

1. What Is Money Laundering?
2. Common Red Flags
3. Emerging Red Flags

Course Audience

This Bank Secrecy Act – Red Flags online training course was designed for bank employees.

If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.