Compliance Officer Training Matrix (by Topic)

Topic

Training Priority

Step Titles

Anti-Money Laundering (AML)

Must Know

AML Defined
​AML Rules and Regulations
​Mastery Test: AML
​Resource: What is Anti-Money Laundering
​Resource: The Three Stages of Money Laundering
​Stage 1: Placement
​Stage 2: Layering
​Stage 3: Integration
​The Lowdown on Money Laundering

Topic

Training Priority

Step Titles

Bank Secrecy Act (BSA)

Must Know

Background of the BSA
​Resource: Currency Transaction Report
​FBAR: What Needs and Doesn't Need to Be Reported
​Resource: Foreign Bank Account Report
​Mastery Test: Bank Secrecy Act 101
​Mastery Test: Bank Secrecy Act 102
​Resource: Other Reports
​Other Reporting Requirements
​Resource: Background and History of the BSA
​Resource: Suspicious Activity Report
​The Ins and Outs of Currency Transaction Reporting
​The Ins and Outs of Suspicious Activity Reporting

Topic

Training Priority

Step Titles

Office of Foreign Assets Control (OFAC)

Must Know

Identifying Red Flags
​Resource: Identifying Red Flags and Transactions
​Mastery Test: Identifying Red Flags
​Mastery Test: OFAC
​OFAC's Settlement With Standard Chartered Bank
​Resource: Other Transactions and Customer Accounts
​Overview of OFAC
​Red Flags: Customer Accounts
​Red Flags: Nature of Business, Origination of Funds, and Clients
​Red Flags: Other Transactions
​Red Flags: Transactions 1
​Red Flags: Transactions 2
​Resource: OFAC Authority and OFAC's Settlement with Standard Chartered Bank
​Responsibilities and Obligations
​Specially Designated Nationals (SDNs)
​The Ins and Outs of OFAC's Authority

Topic

Training Priority

Step Titles

Fair Lending

Must Know

Disparate Illegal Discrimination
​Disparate Impact Discrimination
​Fair Lending Overview
​Fair Lending Program Requirements
​Fair Lending Risk Factors
​Factors Lenders May Consider
​Fostering Fair Lending with Customers
​Illegal Discrimination
​Mastery Test: Establishing a Fair Lending Program
​Mastery Test: Fair Lending Overview and Discrimination Definitions
​Mastery Test: Predatory Lending and Redlining
​Overt Discrimination
​Preventing the Occurrence of Fair Lending Violations
​Resource: Establishing a Fair Lending Program
​Resource: Predatory Lending and Redlining
​What is Predatory Lending
​What is Redlining
​How Predatory Lending Works
​How Redlining Works

Topic

Training Priority

Step Titles

Gramm-Leach-Bliley Act (GLBA) / Consumer Privacy

Must Know

Challenges in Privacy Management
​Resource: GLBA, CCPA and Consumer Privacy
​Historical Context of Privacy Regulations
​Implementing Privacy Best Practices
​Key Privacy Regulations
​Mastery Test: Privacy: GLBA, CCPA and Consumer Privacy
​Privacy Overview

Topic

Training Priority

Step Titles

Deposit Compliance (Reg D, Reg DD, Reg CC, Reg E)

Must Know

Check 21
​Deposit Compliance Overview
​Garnishment Rule: Part 1
​Garnishment Rule: Part 2
​Mastery Test: Deposit Compliance, Regulation D, and Regulation DD
​Mastery Test: Regulation CC: Availability of Funds and Collection of Checks Act
​Mastery Test: Regulation E and Garnishment Rule
​Overview of Relevant Regulations
​Regulation CC: Next-Day Availability Deposits
​Regulation CC: Requirements for Financial Institutions
​Regulation CC: Scope and Purpose
​Resource: Regulation D
​Regulation D: Covered Deposits and Liabilities
​Regulation D: Reserve Requirements
​Regulation D: Scope and Implementation
​Resource: Regulation DD
​Regulation DD: Scope and Purpose
​Regulation DD: Truth in Savings Act (TISA)
​Regulation E: Covered EFT Types
​Regulation E: Scope and Purpose
​Resource: Collection of Checks
​Resource: Garnishment Rule
​Resource: Overview of Regulations and Deposit Compliance Requirements

Topic

Training Priority

Step Titles

Cybersecurity

Must Know

Challenges in Cybersecurity Management
​Cybersecurity Case Studies
​Cybersecurity Overview
​Implementing Cybersecurity Best Practices
​Key Cybersecurity Regulations
​Mastery Test: Cybersecurity
​The Evolution of Cybersecurity in Financial Institutions

Topic

Training Priority

Step Titles

U.S. Regulators

Must Know

FinCEN's Scope and Mission

Topic

Training Priority

Step Titles

Code of Ethics

Must Know

Code of Ethics: Overview
​Core Principles of a Code of Ethics
​Ethical Challenges
​Mastery Step: Code of Ethics
​Overview: Conflicts of Interest
​Regulations and Ethical Compliance
​Regulatory Framework for Managing Conflicts of Interest
​Resource: Importance, Regulations and Ethical Compliance, and Ethical Challenges
​Resource: Introduction and Core Principles
​Resource: Overview and Types of Conflicts of Interest
​Resource: Regulatory Framework, Impacts, and Best Practices for Managing Conflicts of Interest
​Types of Conflicts of Interest