IAR CE

AML Awareness

Overview

Money laundering is a serious global issue that has led to the loss of billions of dollars and undermines the stability of the global financial system. This course will introduce the concepts and practices surrounding money laundering, including the stages of placement, layering, and integration, as well as some of the common schemes used to launder money.

Summary Details

Hours

1.0

Price

$20.00





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Learning Objectives

  • identify the definition of money laundering
  • recognize money laundering schemes and red flags
  • recall the rules and regulations related to detecting and preventing money laundering
  • identify the roles of such regulators as the Financial Crimes Enforcement Network and the Office of Foreign Asset Control
  • recognize the role the advisor and the financial professional plays in detecting and preventing money laundering
  • remember rules related to compliance programs, customer due diligence, and related obligations
  • recall reporting obligations


Designed For:

CPAs, CFEs, Investment Advisor Representatives, and other financial professionals


WebCE® is registered with the National Association of State Boards of Accountancy (NASBA)as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Advanced Preparation: None
Delivery Method: Self-Study
PDF Download: Available
Course Approval Number: C25540
Provider of Record: WebCE
Provider Number: 90082
Field of Study: Specialized Knowledge
Last Reviewed: February 2025
Study Level: Overview
Approved For: Ethics and Professional Responsibility

Exam

Proctor: No
Passing Grade: 70
Questions: 10



Recent Customer Course Comments

Comments are from students across the country who have recently completed the latest version of the course(s).


RM Rachel M.
Course completed 3/27/2025

Please include more case studies! They're the most interesting part of the course.



RA Robert A.
Course completed 1/25/2025

I like the read to me audio.



KL Karen L.
Course completed 1/21/2025

WEB CE is very easy to use!



SH Scott H.
Course completed 1/17/2025

I thought the exam was tricky, not easy.



JF Jeffrey F.
Course completed 1/1/2025

Thanks!



TW Thomas W.
Course completed 12/26/2024

duplicate courses are not counted toward fulfillment of annual CE requirements, so new courses need to be added for me to use WEBCE in the future



MD Michael D.
Course completed 12/16/2024

It seemed like some of the content was more appropriate for the compliance department at a firm vs an individual IAR.



BJ Benjamin J.
Course completed 12/9/2024

Keep things the way they are.



MN Maxim N.
Course completed 11/27/2024

Very good trainings, thank you!



DS Dennis S.
Course completed 10/21/2024

I had Wil from WebCE help me structure a package to meet all my continuing education requirements he made the experience very pleasant as he was extremely helpful, professional, personable and efficient. A great compliment to the company!!!



DD Douglas D.
Course completed 10/3/2024

While not the fault of the course, being buried in acronyms makes it far more confusing than it should need to be. This is likely a problem of governance, not course structure.



TI Trevor I.
Course completed 9/19/2024

Good course.



AF Andrew F.
Course completed 8/31/2024

More video.



AA Amy A.
Course completed 8/28/2024

actually the format is very basic in text form. would be better to be more interactive with use of graphics, audio, etc. It's manageable to achieve the objective but boring.



DM DARRYL M.
Course completed 8/17/2024

The final exam is too difficult



EM Edmund M.
Course completed 5/17/2024

Thank you!



MD Martha D.
Course completed 4/26/2024

I thought the exams were horrible . Confusing verbiage.



KB Kelly B.
Course completed 4/24/2024

Please consider re-phrasing the exam questions. Several were 'which of the following are/were NOT..." and utilizing the negative is an extra challenge for some individuals with learning challenges