BSA/AML Analyst Training Matrix (by Topic)

Training Priority

Step Titles

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

Training Priority

Step Titles

Must Know

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

Training Priority

Step Titles

Must Know

Identifying Red Flags
Identifying Red Flags and Transactions
Mastery Test: Identifying Red Flags
Mastery Test: OFAC
OFAC's Settlement With Standard Chartered Bank
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
Responsibilities and Obligations
Specially Designated Nationals
The Ins and Outs of OFAC's Authority

Training Priority

Step Titles

Must Know

FinCEN's Scope and Mission

Training Priority

Step Titles

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