Bank Secrecy Act Basics: 02. Money Laundering 101
Last Updated 04/2023
English
30-Day Money Back Guarantee
Full Lifetime Access
Finish in
6 mins! Run Time
6 mins! Run Time
Made for for
Employees
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Employees
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No Certificate
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Provided
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Description
When the U.S. government started to track large cash transactions, criminals responded by developing ways to hide the true source of their money flow, also known as money laundering. Money laundering is the process of making illegally gained funds appear to be legal. Illegally gained funds are often referred to as "dirty money." That's where the term "laundering" comes from; turning dirty money into clean money. In this program, we'll talk about the basics of money laundering. Then, we'll go over how it works, how it impacts the economy, and what the U.S. is doing to put a stop to it.
Frequently Asked Questions
This course is designed for employees who need to complete Bank Secrecy Act Basics: 02. Money Laundering 101 training
Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.
The course takes approximately 6 minutes to complete and can be paused and resumed at any time.
No. This course does not include a certificate of completion.
Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.
Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).
Yes. The course is fully self-paced and available 24/7.
Yes. This course includes a knowledge check to reinforce learning and verify completion.
Learners have lifetime access from the date of purchase.
Yes. A preview is available so you can review the course format and content before purchasing.
Yes. Content is reviewed and updated as regulations and best practices change.
Yes. This course is available for free with an active Prime Subscription.
Yes. Refund requests can be submitted within 30 days of purchase.
