AML in Life Assurance

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

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.

Languages: English or French
Duration: 1-hour e-learning