Summary

This course provides a comprehensive understanding of the extraterritorial reach of U.S. AML and counter-terrorist financing laws, including key legislation and compliance measures.

This course is one of several courses within the Certificate in Sanctions Risk Management. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

Course Objectives

• Understand the extraterritorial powers of U.S. authorities in enforcing anti-money laundering (AML) and counter-terrorist financing (CTF) laws
• Identify the key provisions of the USA PATRIOT Act and Anti-Terrorism Act that have extraterritorial implications
• Recognise the impact of these laws on foreign financial institutions and understand the risks of non-compliance
• Implement compliance measures to meet U.S. AML and CTF standards and mitigate the risk of enforcement actions

Course Structure

• Section 1: Introduction to Extraterritorial Powers of U.S. Authorities
• Section 2: Key Provisions of the USA PATRIOT Act and Anti-Terrorism Act
• Section 3: Compliance Requirements for Foreign Financial Institutions
• Section 4: Case Studies
• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 45 and 90 minutes, depending upon your pace of learning.  Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.