As with all risks to which the operator is exposed, the AML/CFT training program should ensure that employees are aware of the risks facing the insurance sector for life insurance and other investment-related insurance products, familiar with the obligations of the operator, and equipped to apply appropriate risk-based controls. Training should be tailored and customized to the operator’s risk and the nature of its operations, and should be clearly documented in the operator’s AML/CFT compliance program and associated training policies, procedures, plans, materials, and attendance records.