| Featured! Compliance Checklist for Suspicious Activities
The editors regularly update Red Flags for Suspicious Activities at Financial Institutions when new studies and documents uncover activities that should be regarded as suspicious by personnel at financial institutions. Recently, a study of mortgage loan fraud added new red flags to the checklist. Although the checklist is arranged by specific types of financial institutions, we recommend that compliance personnel and others read the entire checklist from time to time—activity encountered by tellers at a bank one year may, with slight variation, be found by broker-dealers in another year. Criminals adapt crimes to new environments, and compliance officers must be sure that employees adapt their detection skills as well. Click on COMPLIANCE TOOLS
to download. |
The
Online Edition of Money Laundering, Terrorism, and Financial
Institutions includes the complete text of the loose-leaf
service, fully searchable; all USA Patriot Act Monitors published
to date; comprehensive checklists for compliance with anti-money
laundering regulations; and links to thousands of government documents
related to anti-money laundering law.
