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NEW YORK - (BUSINESS WIRE) - Edcomm Banker’s Academy offers free Anti Money Laundering (AML) compliance training for banks, credit unions, money services businesses (MSBs), money transmitters and other financial institutions through a series of free overview tutorials at bankersacademy.com.

The free AML Overview courses focus on AML and terrorist financing laws, regulatory bodies governing AML, and terrorist financing in a growing list of countries. Banker’s Academy covers AML training for Argentina, Australia, the Bahamas, Bahrain, Belgium, Botswana, Brazil, Canada, China, Denmark, Egypt, France, Germany, India, Indonesia, Ireland, Italy, Japan, Jordan, Kuwait, Malaysia, Mexico, Netherlands (Holland), New Zealand, Nigeria, Oman, Poland, Qatar, Republic of Korea, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, the United Arab Emirates (UAE), and the United Kingdom (UK). New countries are added daily and you may request training on other countries as well.

Focus on Anti Money Laundering, the comprehensive AML training program from Banker’s Academy, teaches about AML laws in each country – including an introduction to Financial Action Task Force (FATF) 40 Recommendations, FATF Special Recommendations on Terrorist Financing, USA PATRIOT Act, Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), Wolfsberg Principles, Basel Committee on Banking Supervision, Egmont Group of Financial Intelligence Units (FIU), and the Middle East and North Africa Financial Action Task Force (MENAFATF). The training covers suspicious activity reporting, smurfing, layering, placement, integration, structuring, FATF typologies, correspondent banking, shell companies, Know Your Customer (KYC), customer identification, Customer Due Diligence (CDD), red flags, hawala, risk management, conducting investigations and audits, and more.

For more information about multilingual, multicultural training programs in any language, for any country, log onto www.bankersacademy.com or call 888-433-2666.

The Edcomm Group Banker’s Academy is a 21-year-old education firm specializing in the development of creative business solutions that improve productivity, customer service and market share. Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

Banker's Academy Linda Eagle, 888-433-2666 linda.eagle@edcomm.com