Old Saybrook, CT (PRWEB) January 23, 2008
Money laundering is one of the most elaborate and complex financial crimes, involving the attempt to legitimize funds gained through illegal means. This effort often utilizes numerous financial transactions in outlets throughout the world. Companies that sell annuities, life insurance, or other policies that offer a cash value or investment feature are particularly vulnerable to money laundering schemes.
To help professionals in these industries better understand the threat, CEU.com has added an Anti Money Laundering class to its catalog of continuing education courses. This course defines money laundering and explains how insurance professionals can address their unique risks. It also provides an overview of anti money laundering laws and the ways in which these laws affect the insurance industry.
According to Bruce MacMillian, president of CEU.com, "Money laundering is an unfortunate reality to people who work in the financial industry, and the criminals are getting more and more sophisticated. A course like this one is imperative for insurance professionals who want to understand their risk and take steps to stop the criminal activity."
Visit CEU.com today to view our full course catalog and learn more about this Anti Money Laundering online course.
Founded in 1999, CEU.com is a continuing education provider offering convenient, engaging, and superior quality compliance training, delivered via the Internet, to insurance and adjuster license holders. Courses are authored by professors and insurance industry experts, and they are designed to incorporate the most relevant and up-to-date information to enhance the career development of insurance professionals. CEU.com is approved in all 50 states and the District of Columbia.