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                                           CGBP                          
presents



MONDAY & TUESDAY, SEPTEMBER 26 & 27, 2022 * 1:30PM TO 4:45PM * via zoom logo

Under the Chapter 5, Rule 16, Section 1 of the 2018 IRR of RA 9160 or Anti-Money Laundering Act of 2001 (AMLA), as amended, covered persons shall develop, adopt and implement a comprehensive and risk-based Money Laundering and Terrorism Financing Prevention Program (MTPP).

This two-session webinar will focus on the creation of MTPP, its legal and regulatory framework, risk management, relevant policies and procedures pertaining to the major obligations of covered persons, and governance & oversight in the actual implementation of the program.

This online training will help your organization align its MTPP to be compliant with AMLA and the Terrorism Financing Prevention and Suppression Act (TFPSA) of 2012, their respective IRRs, other Anti-Money Laundering Council (AMLC) issuances, and the anti-money laundering and counter-terrorism financing (AML / CTF) guidelines of supervising agencies (SAs), commensurate to the size and risk profile of your organization.

Non-compliance can cost you millions in penalties. Enroll, be compliant, and protect your institution from financial crimes.


Course Director & Lecturer:

ATTY. ALPHECCA ADOLFO-MADRID
is a Certified Public Accountant and a Lawyer with expertise in anti-money laundering, banking, and taxation laws. She is a Certified Anti-Money Laundering Specialist (CAMS) highly skilled in audit, compliance, and integrity due diligence. Atty. Adolfo-Madrid is an Integrity Due Diligence consultant at the Asian Development Bank.

Prior to ADB, she was assigned at the Anti-Money Laundering Council Financial Intelligence and Analysis Group as well as the Compliance and Supervision Group where she had written various Financial Intelligence Reports for use by foreign financial intelligence units and Philippine and foreign law enforcement and intelligence agencies. She was also a resource speaker in various government institutions. Eight (8) years of her career was with the Bangko Sentral ng Pilipinas as a Bank Examiner and three (3) years in SGV & Co. (a member of Ernst and Young Global) as a Tax Auditor.
Who Should Attend:
  - Covered persons / organizations
     under BSP

  - Covered persons / organizations
     under IC

  - Covered persons / organizations
     under SEC

  - DNFBPs such as jewelry dealers,
    company service providers, and
    lawyers and accountants offering     covered services
  - Casinos and POGOs, as well
    as their service providers
  - Real estate developers and brokers
  - Lawyers, accountants, and
    professionals providing service to
    covered persons / organizations
  - Everyone interested in developing
    an MTPP

Limited Slots Only, Pre-Registration Required

*Training investment is P 5,880 inclusive of an e-certificate and a printed learning material


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

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



HOW TO DEVELOP A MONEY LAUNDERING
AND TERRORISM FINANCING PREVENTION PROGRAM


1:30 pm to 4:45 pm, Monday & Tuesday, September 26 & 27, 2022 via zoom logo

COURSE OUTLINE

Training Description

It is the policy of the State under the Anti-Money Laundering Act of 2001 ["Republic Act (R.A.) No. 9160" or the "AMLA"], as amended, and Terrorism Financing Prevention and Suppression Act or the "TFPSA" ("R.A. No. 10168") to protect the integrity and confidentiality of bank accounts and to ensure that the Philippines shall not be used as a money laundering site for the proceeds of any unlawful activity.

Under the 2018 Implementing Rules and Regulations (IRR) of the AMLA, as amended, covered persons shall formulate and implement a comprehensive and risk based Money Laundering and Terrorism Financing Prevention Program (MTPP) that is compliant with the AMLA and TFPSA, their respective IRR, and other Anti-Money Laundering Council (AMLC) issuances, and the anti-money laundering and counter-terrorism financing (AML/CTF) guidelines of supervising agencies (SAs), and commensurate to the size and risk profile of the covered person. The covered person shall consider the results of the National Risk Assessment (NRA) and its own risk assessment in the development and/or updating of its MTPP.

The MTPP shall be in writing and shall include, at the minimum, internal policies, controls, and procedures on the following:

      1. Risk management;
      2. Compliance management setup, including the designation of a compliance officer at the management level or
          creation of compliance unit;
      3. Screening procedures to ensure high standards when hiring employees;
      4. Continuing education and training program;
      5. Independent audit function;
      6. Details of implementation of customer due diligence, record-keeping and reporting requirements;
      7. Compliance with freeze, bank inquiry and asset preservation orders, and all directives of the AMLC;
      8. Adequate safeguards on the confidentiality and use of information exchange, including safeguards to prevent
          tipping-off; and
      9. Cooperation with the AMLC and SAs.

This comprehensive training will focus on the creation of a Money Laundering and Terrorism Financing Prevention Program in compliance with the requirements of the AMLC. The covered topics are the following:


Part 1: LEGAL AND REGULATORY FRAMEWORK, RISK MANAGEMENT, POLICIES AND PROCEDURES,
            GOVERNANCE AND OVERSIGHT


Learning Objectives:

      1. Understand the legal and regulatory objectives of designing and implementing an MTPP.
      2. Familiarize with the process of assessing the AML/CTF risks to the institution, as well as identifying the
          countermeasures to be applied to minimize said risks.
      3. Determine the relevant policies and procedures pertaining to the major obligations of covered persons,
          such as customer due diligence, record-keeping, and transaction reporting, among others, and how they
          will be incorporated in the MTPP.
      4. Identify the role, accountability, and responsibility in the implementation of the MTPP.


Learning Topics:

      1. Legal and Regulatory Framework
      2. Risk Management
      3. Policies and Procedures
      4. Governance and Oversight


Part 2: DRAFTING AN MTPP


Learning Objective: Draft an MTPP, in accordance with the AMLC-prescribed outline.1

      1. Overview
      2. Governance and Oversight
      3. Policies and Procedures
      4. Forms and Templates
      5. Approving Authority
      6. Updating


Learning Topic: AMLC-prescribed outline for MTPP



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1http://www.amlc.gov.ph/images/PDFs/MTPP%20OUTLINE.pdf


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*
Training investment is P 5,880 inclusive of an e-certificate and a printed learning material


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




CLICK HERE TO ENROLL NOW!

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