Share |
Download: Flyer (.PDF 349kb)
                         Course Outline (.PDF 167kb)

             Early Bird Deadline          CGBP                              
presents



MONDAY & TUESDAY, JANUARY 24 & 25, 2022 * 1:30PM TO 4:45PM * via zoom logo


This pioneering two-session AMLA awareness program is to cater to the mandatory training and compliance of all covered persons and institutions. It is to update everyone on the recent developments including the revised IRR of 2021 effective January 31 and the newly released 2021 Anti-Money Laundering/ Counter-Terrorism Financing Guidelines for Designated Non-Financial Businesses and Professions effective May 26, 2021.

All insurance, pre-need, reinsurance companies, mutual benefit associations, trusts for charitable uses, HMOs and other covered persons (agents, brokers, etc.) and institutions regulated by Insurance Commission are required to implement detailed policies, procedures and training that will prevent money laundering and terrorism financing. AMLC also recently included all Real Estate Brokers and Developers as well as Offshore Gaming Operators and their service providers that are supervised, accredited or regulated by the Philippine Amusement and Gaming Corporation (PAGCOR) or any Appropriate Government Agencies (AGA).

The lecture is to provide participants and their organizations the guidance to good governance practices that one will find useful to mitigate business exposures to reputational, legal and regulatory risks. Non-compliance can be very costly including jailtime, penalty of up to P1 million per violation and asset forfeiture.


Course Director & Lecturer:

ATTY. DANNY ESPEJO BUNYI
is a Certified Compliance Officer which he obtained certification from the American Academy of Financial Management. He is a senior partner and Group Head of Corporate and Special Projects at Divina Law. His expertise includes Corporate, Banking and Finance, Insurance, Trust, and Special Projects with emphasis on regulatory compliance (AMLC, SEC, IC, etc), corporate finance, mergers and acquisitions, corporate housekeeping, financing documentation, cross-border transactions, and trust operations & investments.

His previous positions include having been a senior vice president at the Development Bank of the Philippines, first vice president and chief compliance officer at Robinsons Bank, and first vice president and head of the Legal Services Group of Robinsons Savings Bank.

Who Should Attend:

  - Covered persons / organizations
     under BSP

  - Covered persons / organizations
     under IC

  - Covered persons / organizations
     under SEC

  - Designated Non-Financial
     Businesses and Professions
     (DNFBPs)

  - Everyone interested in the AMLA &
     its Implementing Rules and
     Regulations

Limited Slots Only, Pre-Registration Required

*Training investment inclusive of an e-certificate and a printed learning material

  P 4,880 (when you register and pay
                on or before Dec. 24)
  P 5,880 (when you register and pay
                after Dec. 24)


*Optional:
Add P450 for a printed copy of a certificate of attendance inclusive of delivery charge

-----------------------------------------------
    Contact Person:   Camille  Jonas     Mobile Number (+63 939) 914-8689
    Telefax:      (+632) 8842-7148 or 59
    Email:   camille.cgbp@yahoo.com
    Check:   www.cgbp.ph



AWARENESS TRAINING AND UPDATES ON AMLA

1:30 pm to 4:45 pm, Monday & Tuesday, January 24 & 25, 2022 via zoom logo

COURSE OUTLINE

I. What is Money Laundering


II. The Anti-Money Laundering Act of 2001
      - Salient Features
      - Updates including newly released AML Guidelines for Designated
         Non-Financial Business and Professions effective May 26

III. Governing Principles (2018 IRR and 2021 Revised IRR)


IV. Guidelines for Insurance Commission Regulated Entities (ICREs)


V. Guidelines for Other Covered Entities and Persons


VI. Responsibilities of ICREs


VII. Money Laundering Offenses
      - Offenses & Penalties
      - Other Offenses
      - Penalties Under IC Guidelines

VIII. Unlawful Activity


IX. Regulatory Compliance Framework
      - Know Your Customer
      - Record Keeping
      - Reporting of Covered and Suspicious Transactions
      - Training of Employees
      - Written Anti-Money Laundering Prevention Program

X. Covered Persons


XI. Covered Transaction Reporting


XII. Suspicious Transaction Reporting


XIII. Indicators of Suspicious Transactions


XIV. Reporting of Covered and Suspicious Transactions to the AMLC


XV. Breach of Confidentiality


XVI. AMLC (The Anti-Money Laundering Council of the Philippines)


XVII. Other Updates that May be Issued by AMLC up to July 2021








      *Note: This is an SEC-accredited training on Corporate Governance



AMLA - COVERED INSTITUTIONS

   A. Persons supervised or regulated by BSP, such as:
        • Banks
        • Non-banks
        • Quasi-banks
        • Trust entities
        • Pawnshops
        • Non-stock Savings and Loan Associations
        • Electronic money issuers
        • All other persons and their subsidiaries and affiliates supervised or regulated by the BSP.

   B. Persons supervised or regulated by IC, such as:
        • Insurance companies
        • Pre-need companies
        • Insurance agents
        • Insurance brokers
        • Professional reinsurers
        • Reinsurance brokers
        • Holding companies
        • Holding company systems
        • Benefit Associations
        • All other persons and their subsidiaries and affiliates supervised or regulated by the IC.

   C. Persons supervised or regulated by SEC, such as:
        • Securities dealers
        • Brokers
        • Salesmen
        • Investment houses and
        • Other similar persons managing securities or rendering services such as investment agents, advisors, or consultants.
        • Mutual funds or open-end companies
        • Close-end investment
        • Investment companies or issuers and other similar entities;
        • Other entities administering or otherwise dealing in commodities, or financial derivatives based thereon,
          valuable objects, cash substitutes and other similar monetary instruments or properties supervised and
          regulated by the SEC.

   D. Designated Non-Financial Businesses and Professions (DNFBPs)
        • Real Estate Brokers and Developers
        • Offshore Gaming Operators, as well as their service providers, supervised, accredited or regulated by the
          Philippine Amusement and Gaming Corporation (PAGCOR) or any Appropriate Government Agency (AGA)
        • Jewelry dealers, dealers in precious metals, and dealers in precious stones
        • Company service providers
             - acting as a formation agent of juridical persons;
             - acting as (or arranging for another person to act as) a director or corporate, secretary of a company,
               a partner of a partnership, or a similar position in relation to other juridical persons
             - providing a registered office;
             - business address or accommodation, correspondence or administrative address for a company, a partnership
               or any other legal person or arrangement; and
             - acting as (or arranging for another person to act as) a nominee shareholder for another person.
        • Persons, including lawyers and accountants, who provide any of the following services:
             - Managing of client money, securities or other assets;
             - Management of bank, savings, securities or other assets;
             - Organization of contributions for the creation, operation or management of companies; and
             - Creation, operation or management of juridical persons or and buying arrangements and selling business entities.


-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------



*
Training investment inclusive of an e-certificate and a printed learning material

      P 4,880 (when you register and pay on or before December 24)
      P 5,880 (when you register and pay after December 24)


*Optional: Add P450 for a printed copy of a certificate of attendance inclusive of delivery charge




CLICK HERE TO ENROLL NOW!

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

CHECK OTHER SEC-ACCREDITED TRAINING PROGRAMS


          
Roles, Responsibilities & Liabilities of Board Directors

Friday, November 19, 2021
2:00PM to 4:00PM


via zoom logo




                    Best Practices in Corporate Housekeeping

Wednesday, Thursday & Friday
January 12, 13 & 14, 2022
1:30PM to 4:45PM

via zoom logo




               
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------


Share |