Anti-Money Laundering (AML) Policy – Loan, Mortgage, or Finance Company Version
The purpose of this Anti-Money Laundering (AML) Policy Template – Loan Mortgage, or Finance Company Version is to address a loan, mortgage, or finance company’s written Anti-Money Laundering (AML) Program that is reasonably designed to prevent a company from being used to facilitate money laundering and the financing of terrorist activities under the Bank Secrecy Act (BSA), and mortgage fraud.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Structure of Accountability – Topic 4
- Risk Management – Topic 5
- Money Laundering, Terrorist Red Flags, and Mortgage Fraud – Topic 6
- Customer Identification Program Policy – Topic 7
- OFAC Policy – Topic 8
- Suspicious Activity Reporting – Topic 9
- Report of Cash Payments – Topic 10
- Information Sharing – Topic 11
- Special Measures – Topic 12
- Audit Policy – Topic 13
- Staff Training – Topic 14
- Retention of Documentation – Topic 15
This Anti-Money Laundering Policy Template – Loan, Mortgage, or Finance Company Version (approximately 43 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
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