AML TRAINING
in the institution who need a much more
solid understanding of the subject, such as
compliance officers, legal staff and auditors, probably need more detailed training
than regular personnel.
The geographic spread of the audience
also impacts training. The more centrally
located the audience, the easier it is to get
them into a room for training. This greatly
facilitates face-to-face training, often
regarded as one of the most effective methods of training (although this assumes
that the presenter actually engages the
audience — and that alone can be a huge
source of variability in training). However,
more widespread institutions may find it
easier to use remote forms of training such
as computers, video, telephone or paper
(despite not being the most environmentally friendly option). Another factor influencing training is the institution’s existing
infrastructure. If it wants to use Web-based
applications, does it have the bandwidth
and computer access to make the training
work? If it wants to use in-person training,
does it have enough trainers an