The Appendix that Ted references has this preface:
The following are examples of potentially suspicious activities, or “red flags” for both money laundering and terrorist financing. Although these lists are not all-inclusive, they may help banks and examiners recognize possible money laundering and terrorist financing schemes.
It's a bit scary that your committee thinks this is the checklist of things you are supposed to look for. Like "red flags" listed in a variety of sources, it is a list of examples; i.e. it is only supposed to make bankers think about the variety of activities that may be suspicious. Assuming "If we look for these things we've got it covered" is a mistake.