Access to training
There are 4 main objectives of this course:
You gain an understanding of the AML risks posed by Life Assurance products and services
You can identify potential AML red flags on client transactions
You have an awareness of AML examples and typographies relevant to Life Assurance
You understand the obligations on regulators to perform monitoring and supervision activities
The course has 4 main modules covering what we call the 4Rs of AML:
Risks - which are inherent in your line of business
Red flags - which your members of staff should be particularly aware of
Real examples - of money laundering or terrorist financing using products and services similar to yours
Regulatory inspections - what regulators find when they inspect other firms in your line of business
This course is intended for all employees who work in the domain of Life Assurance. It is not jurisdiction specific and can be used globally.
There is a 10-question knowledge check at the end of the course with a standard pass mark of 80% and unlimited attempts. The 10 questions are drawn randomly from a larger bank of questions. Each attempt will draw a different mix of questions.
Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.