Edcomm Banker’s Academy Updates Free Anti Money Laundering (AML) Overview for Cana

da
Edcomm Banker’s Academy has recently updated its free tutorial that provides AML t
raining for financial institutions in Canada.Edcomm Banker’s Academy has recently
updated its free tutorial that provides AML training for financial institutions
in Canada.
New York, NY, April 19, 2011 -- Edcomm Banker’s Academy has recently updated its f
ree tutorial that provides Anti Money Laundering (AML) training for banks and fi
nancial institutions located in Canada. Focus on Anti Money Laundering for Canad
a has been revised as part of Edcomm Banker’s Academy ongoing commitment to provid
ing the most up-to-date and pertinent information to the financial services indu
stry.
The key enhancement to Canada’s regulatory legislation, Bill C-25, has further exp
anded the reach of the law to new reporting entities, fine-tuned many of the rec
ordkeeping and customer identification practices, and added a major level of cus
tomer due diligence through the introduction of risk assessment requirements and
the need to monitor for politically exposed foreign persons. All of this has be
en implemented at the same time as the release of the Financial Action Task Forc
e’s (FATF) latest evaluation of Canada’s Regime and significant changes in the senio
r management team at Financial Transactions and Reports Analysis Centre of Canad
a (FINTRAC).
Focus on Anti Money Laundering, from Edcomm Banker’s Academy, teaches bank employe
es about AML laws in their country and familiarizes them with their company’s own
policies and procedures. Through this interactive course, students learn everyth
ing they need to know to detect and prevent money laundering. Focus on Anti Mone
y Laundering can be customized to meet the needs of every Bank, Credit Union or
Money Services Business (MSB). Each course is regularly updated to include chang
ing laws and policies. Recognizing that money laundering can occur anywhere and
everywhere, Edcomm Banker’s Academy is prepared to create a course for any country
in need.
For more information about multilingual, multicultural training programs, or to
find out how The Edcomm Group Banker’s Academy can customize any training program
in any language, for any country, log onto www.bankersacademy.com or call +1.212
.631.9400.
The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and commun
ication consulting firm specializing in the development of creative business sol
utions that improve productivity, customer service and market share - providing
bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of as
sisting many distinguished clients with business solutions in the form of eLearn
ing programs, online bank training and classroom instruction, multimedia product
ion and online and print based documentation. Edcomm Banker s Academy offers man
y off-the-shelf and customized courses such as Teller Training, Compliance Train
ing and Systems Training specifically designed for Banks, Credit Unions and Mone
y Services Businesses (MSBs).
The Edcomm Group Banker s Academy (www.bankersacademy.com) is headquartered in N
ew York City with locations and representation throughout the world.
Press Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA
Fax: 212.631.0659
Tel: +212.631.9400
linda.eagle@edcomm.com
http://www.bankersacademy.com