Anti-Money Laundering (AML)
FL118024 - 3 Hours
This continuing education course for insurance agents explains the money laundering legal and regulatory guidelines and their impact on the insurance industry.





Financial professionals who sell life insurance and annuities must understand not only what money laundering is, but the many consequences it brings, because these products are surprisingly popular tools in the world of money laundering. This continuing education class walks you through what money laundering is and the many ways criminals use the insurance industry to turn "dirty money" from illicit enterprises into clean money. Case law is added for emphasis and understanding.

Class highlights include:

  • Methods of Money Laundering

  • The Insurance Industry's Role in Stopping Money Laundering

  • The Capstone Project

  • The USA Patriot Act

  • The Bank Secrecy Act of 1970

  • Know Your Customer Guidelines

  • Money Laundering "Red Flags"

  • The Florida Money Laundering Act of 2009

  • Approved for 3 Hours of Elective Continuing Education