Why Should You Attend:
Much of the existing guidance on red flags focuses on depository institutions.
This webinar will explore what red flags non-depository businesses should be on the lookout for – these red flags usually are indicators of potential money laundering or fraud or a reason for conducting enhanced due diligence (EDD). The course will look at life insurance companies, broker-dealers, money service businesses, casinos, mortgage originators, and the precious metals / jewelry industry. The webinar will explore money laundering typologies being reported in these businesses and discusses their indicators.
Areas Covered in the Webinar:
Typologies reported by FATF, FinCEN and FINTRAC
FinCEN and FINTRAC reported trends in SARs and STRs
Red flags: indicators of suspicious activities and triggers for EDD
Methods of detecting the red flags
Much of the existing guidance on red flags focuses on depository institutions.
This webinar will explore what red flags non-depository businesses should be on the lookout for – these red flags usually are indicators of potential money laundering or fraud or a reason for conducting enhanced due diligence (EDD). The course will look at life insurance companies, broker-dealers, money service businesses, casinos, mortgage originators, and the precious metals / jewelry industry. The webinar will explore money laundering typologies being reported in these businesses and discusses their indicators.
Areas Covered in the Webinar:
Typologies reported by FATF, FinCEN and FINTRAC
FinCEN and FINTRAC reported trends in SARs and STRs
Red flags: indicators of suspicious activities and triggers for EDD
Methods of detecting the red flags
