Examining the USA Patriot Act

This title is one of the many courses available in the AllRegs Education Package subscription program!

The Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, also known as the USA PATRIOT Act or the Patriot Act, was enacted by the Bush Administration in an effort to combat terrorist activity within the United States. As a result, the Act made several significant amendments to current anti-money laundering laws and greatly broadened the definition of a financial institution.

AllRegs Academy’s Examining the USA Patriot Act self-study online course highlights the amendments that the Act made to customer identification procedures, anti-money laundering laws, financial privacy and credit reporting. Additionally, this course may satisfy the annual requirement for AML training for financial institutions (including for casinos and money service providers). The 60-minute course will also review the history of the Act and how it has impacted the finance industry mainly through changes to the Bank Secrecy Act and money laundering laws, as well as financial privacy and credit reporting. In addition, this course outlines how a compliance program should address USA PATRIOT Act requirements and risk assessment strategies.

What will I learn?

  • Upon completion of the course, students will be able to:
  • Recognize the purpose and scope of the USA PATRIOT Act
  • Define how the Act amended the Bank Secrecy Act and antimoney laundering laws
  • Identify how the Act impacted financial privacy and credit reporting
  • List compliance procedures required by the Act

Agenda

Download Course Syllabus

Course Length

38 mins (approximate)

How it works

Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles, real world examples, and, where appropriate, video and/or audio recordings of industry experts.

The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. While course completion time varies per student, it will take approximately one hour to complete most courses.

Students have 12 months from the registration date to complete the course. Upon successful completion of the course, students can download their industry-recognized certificate of completion and transcript.

*Restrictions apply. If your staff size exceeds 250, please consider the Enterprise AllRegs Education Package.