Protecting Against Money Laundering & Terrorist Financing—US

Overview

Protecting the integrity of the financial system is essential to preventing crime, maintaining public trust, and meeting regulatory obligations. Money laundering and terrorist financing pose significant risks, and financial institutions play a crucial role in identifying and preventing these activities. This course provides a foundational understanding of anti-money laundering (AML) and anti-terrorist financing (ATF) principles as they apply under U.S. law. You will learn how criminals attempt to disguise the origins of illicit funds and how terrorist organizations may exploit financial systems. The course introduces the purpose and structure of an effective AML program, including key requirements under the Bank Secrecy Act. You will examine common red flags and suspicious activities, understand risk-based approaches to customer due diligence and enhanced due diligence, and learn how ongoing monitoring supports compliance. Additionally, the course emphasizes the importance of accurate documentation, timely reporting, and clear roles and responsibilities within AML governance. Through practical scenarios, interactive activities, and assessments, you will gain the knowledge and confidence to identify, escalate, and respond appropriately to potential AML and terrorist financing risks in your daily work, helping to protect both your organization and the broader financial system.

Syllabus

Module 1: AML Program Foundations, Risk-Based Due Diligence, and Governance

In this module, you will build a foundational understanding of how Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) programs operate within U.S. financial institutions. You will explore why AML programs exist, how risk-based approaches guide customer due diligence, and how monitoring and reporting processes support regulatory compliance. Through scenarios and practice activities, you will examine red flags, apply appropriate due diligence controls, document decisions clearly, and understand the roles and responsibilities that support effective AML governance.

Module 2: Final Assessment and Course Wrap-Up

This module evaluates your understanding of key course concepts through a comprehensive final assessment. You will also review essential takeaways from the course and explore guidance on the next steps for applying this knowledge in your role.