AML Compliance
Quest CE offers the financial service industry’s most comprehensive Anti-Money Laundering Training Program. With online training and tracking, advanced reporting features, and fully customizable course content, Quest’s AML program will ensure that your firm stays compliant with FINRA and USA PATRIOT Act requirements.
Program Features
- 24x7 Online User Access
- Real-Time Reporting Functionality
- Automatic Email Reminders
- Custom Course Creation
- Annual Course Updates
- Daily, Weekly, or Monthly User Uploads
- Online Certification
- Customized Web Portal
- And More!
AML Program Requirements
The USA PATRIOT Act requires financial institutions to develop and implement an AML compliance program.
NASD Rule 3011 outlines minimum standards for broker-dealers' AML compliance programs. It requires firms to develop and implement a written AML compliance program. The program has to be approved in writing by a member of senior management and be reasonably designed to achieve and monitor the ongoing compliance with the requirements of the Bank Secrecy Act.
NASD Rule 3011 also requires firms to provide ongoing training for appropriate personnel. This would include training for all representatives engaged in the business of providing financial advice, the sale of financial products or services, or deal in any way with the transfer of financial interests.
Need More Information?
To find out more about an AML Training program, contact Mike Kufahl at mkufahl@questce.com or 877.593.3366.