What financial institutions is this skill designed for?

It covers compliance requirements specifically tailored for broker-dealers, banks, and investment advisers operating under U.S. regulations.

Does it include guidance on the 2024 FinCEN rules for RIAs?

Yes, it includes specific information on the evolving AML/CFT obligations for registered investment advisers and exempt reporting advisers.

Can this help identify 'structuring' in cash transactions?

Yes, it provides detailed red flags and aggregation rules for detecting attempts to evade Currency Transaction Report (CTR) reporting requirements.

How does it handle OFAC sanctions information?

The skill provides the framework for screening customers and transactions against SDN and SSI lists and explains the strict liability nature of OFAC violations.

Anti-Money Laundering Compliance

Name: Anti-Money Laundering Compliance
Author: JoelLewis

byJoelLewis

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Seguridad y Pruebas

Guides the design and implementation of Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs for financial institutions.

This skill provides specialized guidance for financial services professionals to navigate the complex regulatory landscape of AML compliance, including FinCEN reporting, OFAC sanctions screening, and suspicious activity detection. It offers structured frameworks for establishing the four pillars of a compliance program under FINRA Rule 3310, identifying red flags for money laundering, and managing reporting obligations like SARs and CTRs. Whether you are an investment adviser adapting to new FinCEN rules or a broker-dealer performing an independent audit, this skill helps ensure adherence to federal statutes and prevents regulatory penalties.

Características Principales

01OFAC sanctions screening procedures and SDN list management

0218 GitHub stars

03Guidance on CTR and SAR filing thresholds, deadlines, and confidentiality

04BSA/AML program design based on FINRA Rule 3310 requirements

05Identification of red flags for structuring, layering, and integration

06Customer risk rating and enhanced due diligence (EDD) frameworks

Casos de Uso

01Determining if a specific transaction pattern requires a Suspicious Activity Report (SAR) filing

02Drafting or reviewing a written AML compliance program for a registered investment adviser

03Preparing for an independent AML audit or regulatory examination by the SEC or FINRA

What are Skills?·How to Install

Install with 🐟 Skill.Fish

npx skillfish add joellewis/finance_skills anti-money-laundering

For use in Claude.ai and ChatGPT

Download Skill