Edcomm Banker’s Academy’s Compliance and Regulatory Curriculum covers a variety of subjects, principal of which are the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Requirements. Edcomm offers BSA/AML role-based training for financial institutions, covering roles such as the Board of Directors and Senior Management, Branch Management, Tellers, Customer Services Officers (CSOs), Lenders, Operations Staff, Compliance Staff, Trust and Investments Staff, and Universal Bankers. Furthermore, our courses discuss related compliance subjects, including ethics, fraud, security, cybersecurity, risk, and elder financial abuse (EFA).
Our BSA/AML Curricula familiarize the learner with and explain the importance of the BSA/AML requirements set down by regulatory authorities such as the Financial Crimes Enforcement Network (FinCEN), the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and more. The courses contained in each role-specific curriculum focus on the specifics of the BSA and AML requirements, including compliance with the BSA based on the various regulations, acts, and pieces of legislation; how, when, and why to file Currency Transaction Reports (CTRs); how to identify the various red flags of money laundering; and the criteria that constitutes a high-risk, person, product, or service, and geographic location.
The purpose of Edcomm’s role-based Compliance Regulations Curricula is to explain the importance of and means by which individuals within the financial institutions, such as the Board of Directors and Senior Management, Lenders, Tellers, and more, can achieve and maintain compliance with regulations and their requirements. Each curriculum explains the specifics of bank protection, fair lending, and other regulatory acts that require strict adherence. The courses contained in each curriculum focus on explaining the regulations and their requirements, and provide details for each role along with specific strategies for remaining compliant with all requirements and the effective fulfillment of all responsibilities. Successful completion of these courses offers a thorough understanding of laws and regulations and how to successfully remain compliant as an organization employee of any financial institution.
Our Ethics Curriculum defines and explains ethics as well as how a code of conduct is necessary for the effective and successful operation of the organization. Other curricula in our Compliance and Regulatory catalogue include ones in which the focus is on elder financial abuse (EFA) and the federal and state laws and regulations regarding EFA, and ones in which the focus is on fraud, security, and risk. The courses included in each curriculum focus on best practices, understanding the laws and policies specifically relating to each field, red flags of certain situations, and who is affected at the organization by different situations.