Anti-Money Laundering & Anti-Terrorist Financing for Management (FINTRAC)
This is an online course - no materials will be shipped.
The primary goal of this course is to equip mortgage professionals with a comprehensive understanding of the different requirements they must fulfill to comply with the new regulations for anti-money laundering and anti-terrorist financing established by Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). Approved for 8 AMF credits in the general category, specific to Responsible Officers.
This continuing education course addresses the following topics:
• Implementing and Maintaining a Compliance Program
• Submitting Transaction Reports to FINTRAC
• Record Keeping Standards
• Know Your Client Requirements
• Ministerial Directives
• Penalties for Non-Compliance
