MILWAUKEE – Quest CE, trusted provider of compliance training and tracking technology solutions, today announced the addition of the new Firm Element course, “AML and Private Equity” to its Firm Element e-learning catalog.
This course is designed for individuals who work or aspire to work in the private equity industry and will provide clarity on the illegal money laundering risks along with the associated anti-money laundering (AML) regulations. This material is suitable for investment professionals at all levels, with an emphasis on senior executives who are responsible for ensuring compliance with AML regulations. Most financial institutions that deal with complex investments have AML-related responsibilities.
This course is an introduction and discussion of AML topics including awareness, training, regulations, and compliance. In particular, the material focuses on the financial world of private equity as it pertains to AML concerns, regulations, and compliance. Upon completion, course participants will have a solid understanding of AML, regulation compliance, and best practices that help mitigate risks associated with the financial crime of money laundering.
Course Topics Include:
- Money Laundering Techniques
- AML Regulatory Background
- The U.S. Patriot Act
- Anti-Money Laundering Act of 2020
- Recent AML Activity Involving Private Equity
- The Five Pillars of BSA/AML/OFAC Compliance
- Development of Internal Policies, Procedures, and Controls
- Customer Due Diligence
- Potential Penalties for Non-Compliance with AML Laws
- and more!
About Quest CE
For over thirty-five years, Quest CE has been a trusted provider of compliance training and tracking solutions to the financial services industry. In partnering with more than 2,400 leading insurance carriers, broker-dealers, registered investment advisors, and other financial institutions, Quest CE offers a full suite of proprietary technology solutions while delivering an unmatched level of customer service.
Through the delivery of advanced custom solutions, Quest CE honors its mission to empower financial institutions with easy-to-use technology that simplifies their compliance and continuing education programs. For more information on Quest CE, visit www.questce.com.