This Flag the Money series is designed specifically for employees and agents of money services businesses who need to identify and report financial activity that may be related to money laundering or terrorist financing. Examples include money transfer, foreign currency, payday loans, check-cashing, e-wallets, prepaid cards, payment service providers and cryptocurrency exchanges.
Flag the Money 2 is AML training for MSBs that builds on the initial training by exploring three case studies based on real reports of suspicious transactions identified by employees or agents. It includes a review of key concepts as well as a deeper consideration of selected topics.
The friendly, accessible style of Flag the Money™ courses teach agents and employees the basics of AML compliance by focusing on how to identify and report financial activity that might be linked to money laundering or terrorist financing. These comprehensive online courses appeal to a wide range of learning styles and achieve exceptional learning outcomes by integrating the following five elements:
Carl’s Story takes learners inside the world of a criminal entrepreneur and his team of money launderers. It gives an overview of how money laundering works in many types of industries or businesses and illustrates the important role of front-line employees in identifying and reporting suspicious transactions that might be related to criminal activity.
Participants learn from the kind of expert advice and insights usually reserved for attendees of expensive conferences. By featuring short excerpts that teach key points, Flag the Money provides the opportunity to learn from the best! Interviewees include financial professionals, law enforcement specialists, and organized crime experts.
Each Flag the Money quiz question draws on the participant’s understanding of one of the key topics from the course. If someone fails to pass on their first attempt, they can they take it again, and the answer choices will be in a different order. Compliance officers can be confident that employees who pass have a foundational level of understanding of the main topics.
Do you need to customize your AML training with your company logo, policies, procedures, and references to in-house practices? Do you need multiple languages or compliance with other jurisdictions outside of the USA or Canada? No problem!
We’ll be glad to work with your compliance team to produce a customized version of Flag the Money that fits your needs and your budget. Tamlo’s staff is here to provide timely support for you and your organization throughout the training cycle. Please contact us to discuss your customization needs.
Whether you’re looking to increase employee compliance reporting, improve overall employee value or meet compliance regulation requirements, our training can help you get there.
