Dearborn's Customized Training And Tracking Helps Financial Firms Comply With Strict Requirements Of USA Patriot Act

New York/Chicago, IL, May 15, 2002 - Dearborn Financial Services, a leading provider of education and compliance solutions for financial services firms, has introduced a curriculum of anti-money laundering courses to help clients comply with the recently introduced USA PATRIOT ACT. The courses can be customized to fit the highly variable training needs of each company and can be delivered through live classes, online programs and print materials. In addition, Dearborn offers tracking software that enables companies to ensure that they are compliant with the Act.

"Regulators will not be lenient, and immediate compliance must be a priority for financial services firms," said Melaine Kimmel, Vice President and Managing Director, Eastern Region of Dearborn Financial Services. "All financial services employees, from the Chief Executive Officer to the customer service representative, must know the law and their firm's new policies. Many companies may not be prepared to ramp up as quickly as needed, yet the fines and penalties for non-compliance are severe."

Customized classroom training is available, as are online courses and books on subjects including:

The Patriot Act and Non-US Customers
Anti-Money Laundering Provisions for Broker-Dealers
Anti-Money Laundering Best Practices
The Bank Secrecy Act
OFAC Compliance

"Dearborn's courses can be given firm-wide or can be customized for senior level executives, supervisors or different business units within a firm," said Marcia Burak, Vice President, Securities Products Division at Dearborn. "While a generic course may be an excellent first step in complying with the new training requirements, a 'one size fits all approach' will not be adequate. Dearborn's customized, trackable solutions assure that the full range of a firm's training needs are met."

About Dearborn Financial Services
Dearborn Financial Services (www.dearborn.com), a Kaplan Professional company, is a leading provider of licensing and continuing education training and certification for securities, insurance and financial services professionals. Kaplan Professional (www.kaplanprofessional.com) is a unit of Kaplan, Inc., a wholly owned subsidiary of The Washington Post Company (NYSE: WPO), and includes world-class brands: Schweser Study Program, Dearborn Trade Publishing, Perfect Access Speer, Dearborn Real Estate Education, Self Test Software, Kaplan Professional Real Estate Schools, and Call Center Solutions.

Press Contacts:

Liz Lindley
Tel: 212-492-5890
liz_lindley@kaplan.com

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