AML Advanced Course

Language: English narration and transcript

Duration: 5 hours total length

Requirements: There are no prerequisites for this course.

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

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
  • 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

This course includes:

  • Interactive e-learning modules
  • Explainer videos
  • Review quizzes and assessments
  • One-year access
  • Free content update within the subscription period
  • Certificate of completion

The AML/CFT Complete 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.

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.

The course also extensively covers topics such as developing skills in identifying Beneficial Owners, recognizing ML/TF red flags, conducting risk assessment, managing digital customer records, and maintaining proper record keeping. And, the course also tackles the crucial topic of ML/TF offenses and their corresponding penalties and sanctions.

Learners can complete this course in approximately five 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.

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)
  • 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 learners say:

⭐⭐⭐⭐⭐"Well-crafted course, its flexibility is very helpful to us Real Estate Brokers. Keep up the good work!"
- Raquel A.

⭐⭐⭐⭐⭐"Topics considered were very helpful in determining money laundering schemes. Easily understandable for any person or entity encountering a scenario of laundering money."
- Armando A.

⭐⭐⭐⭐⭐"It was a very positive experience having this module. I have learned a lot from this experience. Hoping to gain more knowledge in future e-learning modules."
- Jundel A.

⭐⭐⭐⭐⭐"Good for people who really want to learn the fundamentals of AML world and banking."
- Raymond B.

⭐⭐⭐⭐⭐"The exam was detailed and easily understandable. It was the best avenue for me to further enhance my AML knowledge."
- Gerard B. 

⭐⭐⭐⭐⭐"This AML course by Framedia is an exceptional course that will really equip you with the necessary knowledge regarding AML. I highly recommend this course especially to those who are very busy and have no time to attend face-to-face trainings. Everything was executed perfectly."
- Irene C.

⭐⭐⭐⭐⭐"This course was well researched, very succinct and easy to understand. The visual is not irritating to the eyes, as well as the narrators. All in all, it was a very informative course."
- Ken C.

⭐⭐⭐⭐⭐"This short course has helped me to learn more about AML and how to be more careful with regards to financial matters within my workplace."
- Dan E.

⭐⭐⭐⭐⭐"I believe this learning contributed greatly to my understanding of AMLC and hopefully, the purpose of preventing ML/TF/PF related crimes will be realized with the strict implementation of the AMLA."
- Zenaida F.

⭐⭐⭐⭐⭐"The content provided by AMLC immersive e-learning was really great and understandable materials that could be followed by both beginners in the finance industry and those who just need a refresher. I love the idea that the series being self-paced so you can take the course in your own time."
- Therese F.

⭐⭐⭐⭐⭐"I could proceed at my own level of comprehension at my own pace. Good job with the right level of details and supporting materials."
- Daniel L.

⭐⭐⭐⭐⭐"Visual aid through animation with accompanying voice-over and an interactive interface can help strongly capture the audience’s focus and therefore promote better learning."
- Ericson M.

⭐⭐⭐⭐⭐"I just want to commend for being client-friendly operating system, that even the less technical person can follow thoroughly the instructions. Another thing is that the lectures or the presentations are not boring because of some innovative display of caricatures or pictures that somehow give life to what you are reading."
- Irene M.

⭐⭐⭐⭐"It was a good initiative and time-saving."
- Anwaar M.

Available for single or group registration

  • Group Registration – AML Advanced
    Group Registration – AML Advanced

    This package includes:

    ✓Multiple user accounts

    ✓8 AMLA-based interactive e-learning modules (Latest version GA2446-2505)

    ✓One-year access

    ✓Certificate of Completion for each registered user

    ✓Final assessment per module

    ✓Email notification feature for registered users

    ✓Completion and compliance reports

    ₱2,800 per user per year
    Quantity
  • Single Registration – AML Advanced
    Single Registration – AML Advanced

    This package includes:

    ✓Single user account

    ✓8 AMLA-based interactive e-learning modules (Latest version SA2446-2505)

    ✓One-year access

    ✓Certificate of Completion

    ✓Final assessment per module

    ✓Email notification feature for registered user

    ✓User activity progress overview

    ₱2,800.00 for one year

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