(a) On or before April 1 of each year, a licensee shall provide to each authorized delegate through which it engages in the business of money transmission training materials on how to:(1) recognize financial abuse and financial exploitation of an elder adult; and(2) respond appropriately if the authorized delegate suspects that the authorized delegate is being asked to engage in the business of money transmission for a fraudulent transaction in which an elder adult is the victim of financial abuse or financial exploitation.
(1) recognize financial abuse and financial exploitation of an elder adult; and
(2) respond appropriately if the authorized delegate suspects that the authorized delegate is being asked to engage in the business of money transmission for a fraudulent transaction in which an elder adult is the victim of financial abuse or financial exploitation.
(b) A licensee shall provide the training materials required under subsection (a) to each newly appointed authorized delegate within one month after appointment of the authorized delegate.