Anti-Money Laundering

Anti-Money Laundering Quiz

Please complete the questions below.

What is your name?
What is your six-digit agent number?
Federal regulations include penalties for insurance companies and individuals.

The agent's responsibility ends with the sale.

Money Laundering facilitates illegal acts such as drug trafficking and terrorism.

Never notify a client his or her activities may be reported as suspicious.

Establishing and following "Know Your Customer" policies and procedures is one of the most important deterrents to money laundering.

The majority of clients are not involved in money laundering so it is important to be able to identify routine transactions versus suspicious transactions.

The three stages of the mechanics of money laundering are:

Information to be collected from the client includes:

Federal rules require records be maintained for:

Red flags include:

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