A compliance officer provides an overview of the bank's anti-money laundering program to a group of new tellers during employee orientation. Which training element should be delivered to this…

The correct answer is B. Large cash transaction reporting procedures. As the compliance officer is providing overview of the "bank's anti-money laundering program to a group of new tellers during employee orientation.

AML/CFT Compliance Programs

Question

A compliance officer provides an overview of the bank's anti-money laundering program to a group of new tellers during employee orientation. Which training element should be delivered to this audience?

Options

AResults of recent risk assessments
BLarge cash transaction reporting procedures
CThe financial institution's surprise cash audit policy
DPast check fraud losses incurred by the financial institution

How the community answered

(21 responses)

A
5% (1)
B
76% (16)
C
14% (3)
D
5% (1)

Explanation

As the compliance officer is providing overview of the "bank's anti-money laundering program to a group of new tellers during employee orientation.

Topics

#AML training#role-based training#CTR reporting#employee orientation

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