Why a Compliance Training Program for Agents?
IMTC MIAMI is the largest money transfer conference in the United States. We offer this workshop for Agents of Money Transmitter Companies in our Annual Money Transfer Conference in Miami in October. We developed an Agent Compliance Training Program so the Agents of all the MTOs (Money Transmitter Operators) could have top compliance experts giving them the advice they need to run their businesses safely with sound compliance procedures in place. You can register exclusively for this Program or take it as part of the registration fee for the conference. If you are a licensed company, bank or any type of Financial Institution interested in signing up a group of agents/tellers/service personnel/etc., please contact us. This program is based on the Online Agent Compliance Program that the NMTA has developed and that can be directly purchased from the NMTA. If you are interested, send a note to Mr. Landsman from the NMTA using our contact form.
The Program:
If you are the business owner of one or more agencies that send remittances to be processed by one or more MTOs licensed by the State where you are located, then this training program is for you,. Although this program is for the Agent it is also very important for Compliance Personnel of all Financial Institutions and Money Transfer Companies that develop compliance training programs.
Topics Included:
Anti-Money Laundering Strategies and Vulnerabilities
Understanding Money Laundering/Anti-Money Laundering Laws
Identifying Money Laundering Activity, Terrorist Financing – How does it differ from money laundering?
Politically Exposed Person Risk (PEP Risk)
Suspicious Activity Reports (SARs)
Dealing with Banks
Dealing with your Licensed Provider – Know your Compliance Officer
Know your Local Police
Dealing with the Authorities (FINCEN, IRS, Banking Department, Police, Task Forces, INS)
Designing Your Risk Analysis
Developing a Compliance Culture (Training Employees)
Becoming Aware of a Sting Operation (against you or the MTO)
Recent Money Laundering Cases involving Agents
Do you need your own Compliance Manual?
Integrating Compliance into Your Business Operation
Registration and Fees
If you are registered for the Conference you don't have to Register separately for the Agent Training Program. You are welcome to attend this concurrent session.
You can register individually or as part of a group.
1-5 participants: $ 75 per person
5-10 participants: $ 60 per person
11 and up: $ 45 per person
A Certificate will be given by the NMTA (National Money Transmitters Association) upon completion of the Training Program
