ABA Certificate in BSA and AML Compliance
Financial institutions face increased risk from advanced money-laundering schemes and terrorist financing activities. It is critical that banks hire and train individuals who can establish and maintain an effective BSA/AML program. The ABA Certificate in BSA and AML Compliance will help financial crimes professionals improve their ability to detect and prevent suspicious and criminal activity by providing an overview of the types of criminal behavior commonly used against banks, and in-depth training on the applicable U.S. laws and regulations governing money-laundering.

The ABA Certificate in BSA and AML Compliance is an excellent refresher for experienced financial crimes professionals who wish to take the Certified AML and Fraud Professional (CAFP) exam, and may be required for those individuals with less than five years' experience in the field.

Required Courses

You must complete the following courses:
  • Introduction to BSA/AML
  • SARs and Information Sharing 
  • Currency and Correspondent Banking Accounts 
  • Electronic Banking and Funds Transfer Activities 
  • Higher Risk Accounts and Activities 
  • BSA Requirements for Business Accounts 
  • BSA Requirements for Foreign Customers and Accounts 
  • Components of an AML Program 
  • International Partners in AML 
  • Office of Foreign Assets Control (OFAC) for Compliance Professionals

Online Certificate Option

This ABA Certificate can also be taken entirely online as a self-paced certificate curriculum. Click here for more information and to purchase all the required courses at a discounted price.

Questions? Please contact Chris Harrison at chrish@minnbankers.com or 952-857-2634 for more information.