AML/CFT Foundation Course (Version 2024.01)

Language: English narration and transcript


Who should take this course

  • Covered Persons as specified in the Anti-Money Laundering Act and its amendments
  • 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

For a complete list of Covered Persons under the AMLA, click here.


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
  • Money Laundering Activities red flags
  • The Anti-Money Laundering Council (AMLC) and its authority
  • Money Laundering and Terrorism Financing Prevention Program (MTPP)
  • ML/TF offenses, penalties, and sanctions

Duration: 3-hours total length


Requirements: There are no prerequisites for this course.

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

See More


Course content: 4 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)

Description

The AML/CFT Foundation Course presents a fundamental approach to the key concepts and 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—to protect themselves and their businesses from potential money laundering and terrorist financing crimes.

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.

The first module of the course focuses on defining Money Laundering and identifying the duties and responsibilities of Covered Persons according to AMLA. It also covers the concept of Terrorist Financing and emphasizes the importance of continuous AML/CFT training. The course provides an overview of the laws and policies related to AML/CFT and introduces learners to the AMLC as the authority for submitting CTRs/STRs.

Another significant topic addressed in the course is the implementation of AML Know-Your-Customer (KYC) Procedures and Customer Due Diligence (CDD) to prevent illicit activities for both businesses and professionals.

And, finally, the course also tackles the crucial topic of ML/TF offenses and their corresponding penalties and sanctions.

Learners can complete this course in approximately three hours, including learning checks and the final exam, with no prerequisites required.

Enrolling in the course grants learners access to all modules for a full year, along with free content updates throughout the subscription period to reflect amendments to the law and issuances from the AMLC.


What to expect in the 2024 version:

  • Improved playback speed feature – All learners now have the ability to adjust the viewing speed of the videos, which enhances learning by enabling learners to optimize their pace for a personalized experience.
  • Updated case studies – Learners will now benefit from practical examples that incorporate the latest AMLA case studies.


What do people say about this course:

⭐⭐⭐⭐⭐"Very informative and knowledgeable that we could use importantly in our role in our career."
- Kevin A.

⭐⭐⭐⭐⭐"The e-learning module is very informative and easy to understand."
- Ma. Jessica B.

This course is available with single or group registration options.

  • Group Registration – AML/CFT Foundation …
    Group Registration – AML/CFT Foundation Course

    This package includes:

    ✓Multiple user accounts

    ✓4 AMLA-based interactive e-learning modules (Latest version 2024.01)

    ✓One-year access

    ✓Certificate of Completion for each registered user

    ✓Final assessment per module

    ✓Email notification feature for registered users

    ✓Completion and compliance reports

    ₱1500.00 per user per year
    Quantity
  • Single Registration – AML/CFT Foundation…
    Single Registration – AML/CFT Foundation Course

    This package includes:

    ✓Single user account

    ✓4 AMLA-based interactive e-learning modules (Latest version 2024.01)

    ✓One-year access

    ✓Certificate of Completion

    ✓Final assessment per module

    ✓Email notification feature for registered user

    ✓User activity progress overview

    ₱1,500.00 for one year

Category

Search Products

Your Shopping Cart

You have no products in your cart. Click on a title and select the products you require.