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Live Virtual Online Mar 18, 2020 09am – 05pm

Additional training dates here.

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Seminar Description

Identify the source of funds and “follow the money“. Shadow retired New York State Police Money Laundering Investigator on a concise assessment of the money laundering landscape. Get an aerial view of how the interlocking processes of financial institutions, businesses, government agencies, law enforcement, regulators, etc impact and influence money laundering and money laundering investigations. Identify common weak points of AML regulations, policies, and procedures. Understand risk compliance and reduce risk and improve the effectiveness of your AML program with best practice guidelines of implementing AML regulations, policies, and procedures as it applies to KYC, Transaction Monitoring, SAR writing. Follow sound investigative processes to keep your institution from running afoul of the regulators and/or the reputational damage that could occur from allowing dirty money to flow through your doors.


Participants to understand AML regulations, policies, and procedures that apply to financial institutions, businesses, and branches of law including government agencies and law enforcement. Attendees identify, analyze and follow the money with retired New York State Police Money Laundering Investigator​ and industry insider as their guide. They’ll receive a big picture view on the importance of their organizations AML policies and procedures on money laundering investigations and how that reduces their companies risk. We’ll emphasize the impact and influence AML programs have on the investigative procedure. Finally we’ll reverse engineer the process to indicate why actions taken on the back end are influenced by the AML policy and procedures from the beginning of a relationship.

Who Should Attend:

Institutions or individuals wanting to enhance the performance of their AML programs
Institutions or individuals seeking to improve their AML knowledge and the application of AML policies and procedures
AML professionals requiring mandated training
Individuals wanting to transition into an AML profession
Individuals seeking certification credits.

Delivery Method: Group Live Online

Prerequisites: Essential understanding of AML and prior AML training are recommended. “From Capone to Compliance – Essential AML Training” seminars fulfill this recommendation. Register for recommended prerequisites for recommended prerequisites at, phone 855-265-7700, or email

Advanced Preparation: None

Risk Management

  • Risk Based Approach
  • Core Elements
    • The Five Pillars of a Quality AML program
    • Compliance Culture

Case Studies & Regulatory Actions

  • Objective:
    • Engage your AML analytical skill set. Strengthen your ability to recognize the 3 W’s, “What Went Wrong”, recognize money laundering methods, identify their financial institution’s vulnerabilities, identify money laundering signals, and understand potential regulatory actions and/or law enforcement engagement.
    • Provide attendees with a road map on how they can best fulfill their role in a quality AML program by informing them of the chain of procedures used by other AML professionals such as regulators and law enforcement. This process provides professionals with an understanding of the mechanisms of an AML program better equipping individuals in the application of their AML responsibilities.
  • Real World Application: The AML Training Academy instructor will provide insight on the case studies drawing from his years of experience as a New York State Police Investigator and cross designated federal agent assigned to the position of NY state money laundering coordinator. As NY state’s money laundering coordinator he acted as a liaison between law enforcement and financial institutions. With this unique insight he will impart a first hand account of what law enforcement is looking for from financial institutions and how law enforcement and financial institutions work together to fill their common AML goal.

International Benchmarks

  • USA Patriot Act
  • Financial Action Task Force (FATF)
  • Basel
  • Wolfsberg
  • Egmont
  • European Union (EU) Directives
  • Office of Foreign Assets Control (OFAC) / Sanctions


Due Diligence

Flex your problem solving muscles and develop your AML analytical skill set to become more effective in your role combating money laundering and reduce the financial crimes risk within your institution or agency.

  • Know Your Customer
    • Know Your Customer (KYC) and Customer Identification Program (CIP) policies and procedures.
      • Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD)
      • Counter Terrorism
    • Beneficial Ownership
      • NY Department of Financial Services (DFS) 504
      • Shell Companies
  • Transaction Monitoring
    • The Alert System
      • Trigger
      • Review
      • Clear/Escalate
  • Suspicious Activity Reporting (SAR)
    • In depth study on the SAR process and how it weaves its way through on boarding, CDD, transaction monitoring, and SAR development. We’ll finish with how and why information is shared with law enforcement and regulators, what law enforcement and regulators do with that information, and why those methods effect AML policy and procedures.
    • Getting to Suspicious/When to File
    • Preparing Quality Narrative
    • What Happens After the SAR

Coordination Of Financial Institutions And Law Enforcement

  • Subpoenas / Search Warrants / National Security Letters
  • Meetings with Law Enforcement
  • The Enemy Within
  • Fictitious ID
  • Investigators Tool Box
    • Investigators mind set
    • Open source intelligence

Breakout Workshop “You Are the Investigator”

  • Objective:
    • Develop participants understanding of money laundering processes through the eyes of an Investigator
    • Provide participants with the big picture via a situational scenario that must be solved using the skills of an investigator. Outlining why policies and procedures are required to protect their institutions and how those AML policies and procedures are utilized in money laundering investigations.
    • Increase participants awareness of the use and importance of AML policies and procedures to safeguard their institutions and the community from criminal activity..
  • Real World Application: Review how financial institutions, government agencies, and branches of law assist in deterring criminal activity and help to manage risk..Origin of money laundering

Wrap up

Live Virtual Online Mar 18, 2020 09am – 05pm

This course offers advanced AML training.
Date: March 18, 2020
Starts: 9:00 am EST
Ends: 5:00 pm EST


Registration Type Tuition *Early Bird Special
Individual $499 $449
Group (3 or more) $449 $399
Law enforcement $399 $399

*Early bird specials available until 30 days prior to course date


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SKU: W-RockStar Category:

For more info or to arrange Custom AML Training Classes and AML Advisory Services contact The AML Training Academy and Advisory LLC at: ☎ (855) 265-7700 | 📧 For additional dates the above course is offered click here.