Your Basket

Your cart is empty. Click here to go to the shop.

Search Products

Authentication

Tags

AML/CFT Foundation Course (Version 2023.07)

Last updated: 2023.07

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: Approximately 3 hours total length

Requirements: There are no prerequisites for this course.

This course includes:

Interactive e-learning modules
Explainer videos
Review quiz per module / Assessment per module
One-year access
Free content updates within the subscription period
Certificate of completion

Course content: 4 Modules

AML/CFT Key Concepts (30 minutes)
AMLA 2018 IRR (Implementing Rules and Regulations) (40 minutes)
AMLA: Updated AML Volume 1 (45 minutes)
AMLA: Updated AML 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 2023 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.
New topic overview slide - Every module is now organized with new topic overview slides, providing learners with a summary of the course content, helping them to get a better understanding of the topics covered.
Additional FATF (Financial Action Task Force) content – This is the most up-to-date content providing learners with a deeper understanding of the FATF guidelines and how they relate to AML/CFT compliance.
Deep dive definitions of terminologies – Learners are now provided with detailed explanations of key terms and concepts related to AML/CFT compliance to help them digest the contents of the modules faster and ensure retention.

What the learners 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. The narration helps the participant to understand easily."
- Ma. Jessica B.

⭐⭐⭐⭐⭐"The arrangement of the module was great and was easy to understand and enjoyable to watch."
- Jessica B.

⭐⭐⭐⭐"It is very convenient."
- Jenalyn C.

⭐⭐⭐⭐⭐"The narration made it easier for me to go through the course. The overall visual presentation was designed to let the users enjoy the module while learning."
- Jemimah C.

⭐⭐⭐⭐"Good investment of knowledge."
- John E.

⭐⭐⭐⭐⭐"This is a very helpful information to help our law in identifying criminal activities and have the proper authorities investigate such terrorism acts."
- William F.

⭐⭐⭐⭐"Course is appropriate to us and help us to know more about ML/TF."
- Emmee F.

⭐⭐⭐⭐"I like how the module was presented, easy to learn and navigate."
- Carmell G.

⭐⭐⭐⭐"It is easy to understand as illustrations are given."
- Telijah L.

⭐⭐⭐⭐⭐"The amla exam always refreshes my memory on the important things to remember in the fintech space"
- Ma. Rhijean S.

⭐⭐⭐⭐"The content is very comprehensive, and the narration is clear."
- Michelle T.

⭐⭐⭐⭐"It’s a good, thorough documentation. very informative."
- Christine V.

⭐⭐⭐⭐⭐"Love the deck and the narration."
- Crishel Y.

⭐⭐⭐⭐"This material is very convenient and informative. Thank you."
- Mengyuan Z.

Select the product that you require:

Foundation Course - Single User Registra…

Choose this if you are an individual purchasing a course for yourself only. You will get the full AML course and all the modules. Upon successfully completing the course, you will gain your accredited certificate.

Read more - AML Single User Foundational Training
Foundation Course - Single User Registra…

This course contains foundation training material to the Anti-Money Laundering Act (AMLA)

E-Certificate Issued Upon Completion

This course contains the foundation modules of AML/CFT which includes:

AMLA: Key Concepts

AMLA: 2018 Implementing Rules and Regulations

AMLA: Updated AML Rules and Regulations
₱1,500.00 for one year
Foundation Course Group Registration

If you are ordering on behalf of your organization and need to register multiple users into a course.

With the multi-user version, you are purchasing licenses for your team. When you log in, you will be able to manage the licenses yourself, registering users one by one, or by using a spreadsheet to upload the details for all the required accounts.

Your users will be notified automatically by email when you create their accounts, and will be able to log in and access the AML course with all of the modules.

Read more - AML Multi-User Foundation Training
Foundation Course Group Registration

This course contains foundation training materials to the Anti-Money Laundering Act (AMLA).

E-Certificate Issued Upon Completion

The following topics are included:

AMLA: Key Concepts

AMLA: 2018 Implementing Rules and Regulations

AMLA: Updated AML Rules and Regulations

Purchase this if you are buying for your organization, and want to select the number of licenses that you need. As the buyer, you will be able to manage the users for all of your licenses.
Quantity

₱1500.00 per user per year