ACI's National Forum on AML and OFAC Compliance for the Insurance Industry Workshop

Nov. 2, 2010 - PRLog -- Thursday, January 20 to Friday, January 21, 2011
The Helmsley Park Lane Hotel , New York, NY, United States

American Conference Institute: The leading networking and information resource for counsel and senior executives.POST-CONFERENCE MASTER CLASSFriday, January 21, 2011 | 1:30 p.m. – 3:30 p.m.

For further information visit: http://www.americanconference.com/insurance_reinsurance/AMLIns/workshop.htm

Developing and Implementing an AML Training Program That Will Promote Compliance at All Levels of Your Organization

Charles D. Subrt
Director,
Anti-Money Laundering Compliance
Sun Life Financial Inc. (Wellesley Hills, MA)

Cari N. Stinebower
Of Counsel
Wiley Rein LLP (Washington, DC)

It is imperative that all insurance companies have in place an appropriate AML training program for all employees — from executives to those at the front line of customer contact. This Master Class, geared specifi cally for the insurance industry, is designed to help you develop and employ an effective AML training program. With practical advice for adapting a program to your organization’s and employees’ needs, this interactive, informative session will examine the best methods for communicating money laundering risks to employees and will offer indispensable strategies for guiding employees through the various methods of combating those risks. You will leave this Master Class prepared to create and implement your own training program, with a full understanding of:

   * The elements of an effective program
   * What regulations require of a training program
   * Key questions to ask employees before developing the program
   * How to develop the training program
   * Assessing the method that will work best for your organization and for the number of employees that will be trained
   * Initial training versus ongoing training updates
   * Testing employees to ensure retention of knowledge
   * Incorporating technology into training
         o Websites
         o Videos
         o Other media
         o Software
   * Key factors of a successful program and pitfalls to avoid
   * How to measure the effectiveness of your training program
   * Adapting your training program for brokers/agents

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