The American Council of Life Insurers (ACLI) will be issuing anti-money laundering best practices for life insurance companies in the next few days, according to Steve Shine Senior, vice president and regulatory counsel for Prudential Equity Group in New York, who spoke in this morning's panel on life insurance examinations. The guidance will state what needs to be in an AML program for life insurance companies.

Also from that panel, it looks like the Bank Secrecy Act examination manual will serve as the guide to insurance company examinations.