This course introduces students to Bank Secrecy Act and Anti-Money Laundering regulations. Topics covered include: establishing and maintaining effective BSA/AML compliance programs; customer identification program requirements; SARs and information sharing; record-keeping requirements; customer due diligence, enhanced due diligence, and ongoing monitoring requirements of high-risk customers and transactions. The course will also cover risk assessment programs, audits, the role of BSA compliance officers, training requirements, Foreign Asset Control laws and compliance issues related to higher risk products, services, customers, geographical locations and financial institutions.