AMLA Complete Certification Online Course
Details
The AMLA Complete Certification Online Course presents a comprehensive approach to the advanced concepts and key information of the AMLA (including its related amendments and laws) that will enable any individual—particularly, AMLA-Covered Persons who are required by the AMLC to take this course and who are at high-risk exposure to potential money laundering and terrorist financing crimes—to protect themselves and their businesses.
The course's objective is to provide essential knowledge to Covered Persons regarding the key components of the Anti-Money Laundering Act (AMLA). Additionally, the course briefly covers certain aspects of the Terrorism Financing Prevention and Suppression Act
(TFPSA), the Anti-Terrorism Act (ATA), and the amendments made to AMLA.
Who should take this course
- Covered Persons as specified in the Anti-Money Laundering Act and its amendments, particularly BSP-, Insurance Commission-, and SEC-supervised Financial Institutions
- Compliance Office Staff, Internal Audit Staff, Officers, Senior Management, Directors, Stockholders, New Staff, Front-Line Staff, New Hires, Refresher, Transferees, Employee-wide training of the Covered Persons mentioned above
- Individuals, working professionals, and business owners who are looking to understand AML/CFT policies
Outline
Course content: 8 Modules
- AML/CFT Key Concepts (50 minutes)
- AMLA 2018 IRR: Implementing Rules and Regulations (40 minutes)
- AMLA UARR: Updated AML Rules and Regulations - Volume 1 (45 minutes)
- AMLA UARR: Updated AML Rules and Regulations - Volume 2 (80 minutes)
- AMLA GIBO: Guidelines for Identifying Beneficial Ownership Module (20 minutes)
- AMLA GDCR: Guidelines on the Digitization of Customer Records Module (20 minutes)
- AMLA MRAS: Money Laundering/Terrorist Financing Risk Assessment System Module (30 minutes)
- AMLA RPAC: Rules of Procedure in Administrative Cases Module (20 minutes)
What you will learn
- What is Money Laundering?
- Who are the Covered Persons?
- What are the duties and responsibilities of Covered Persons?
- What is Terrorist Financing?
- Why it is important to have anti-money laundering and counter-terrorism financing training.
- AML/CFT laws and policies
- AML Know-Your-Customer (KYC) Procedures and Customer Due Diligence (CDD)
- Beneficial Ownership structures
- Money Laundering Activities red flags
- The Anti-Money Laundering Council (AMLC) and its authority
- Covered and Suspicious Transaction Reporting (CTR/STR)
- Money Laundering and Terrorism Financing Prevention Program (MTPP)
- Proper record keeping
- ML/TF offenses, penalties and sanctions
Special Offer
This course includes:
- Interactive e-learning modules
- Explainer videos
- Review quizzes in the modules and final assessment per module
- One-year access
- Free content updates within the subscription period
- Certificate of completion
We are the first accredited e-learning provider of the Anti-Money Laundering Council (AMLC) in the Philippines: Accredited No. EP-0001
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