COURSE
Recent Updates to Anti-Money Laundering Rules (AML)
Update on new anti-money laundering requirements came into force on June 1, 2021.
US$66
2.5 HOURS
Description
Money laundering is not a new topic, but the stakes are changing rapidly as various jurisdictions seek to clamp down on the torrent of dirty money swirling around the globe, estimated to be worth about 3.6 percent of global GDP. The scale of illegal global currency flows distorts economic indicators, presents risks to firms and professionals, and it erodes trust in finance and transaction systems.
The role of accountants is also coming under increased scrutiny.
A recent federal discussion paper noted that accountants can become involved in “high-risk” activities. Those activities don’t always involve reportable cash transactions, for example, it can be anything like, managing a client’s money and other assets for e.g. savings and securities accounts.
AML experts say that strong beneficial ownership rules—something for which CPA Canada has vigorously advocated—are critical. It became obvious when the Panama Papers were revealed also the widespread use of shell companies in tax havens, including many registered by Canadians.
What you will learn?
Discuss the need for new AML rules and the scenario in Canada
Learn the new "Know Your Client" requirements
Understand the requirements for Record Keeping and Reporting
Discusses different cases for better understanding
Learn the role of Board of Governors, what steps they should take to Prevent-Detect Respond
Discuss examples of other organizations and what they are doing
Duration
2.5
hours
Certificate
Available
Level
Intermediate
Prerequisites
No
Preparation
No
Access
One year
Price
US$66
100% moneyback guarantee
If you cancel within 10 days and you’re not completely satisfied, we’ll give you all your money back.
No questions asked.
Features
Verifiable
We make it easy for you to stay compliant with your organization's requirements by providing completion certificates that you can download anytime.
Online
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Access the course for a full year
Start and finish on your own schedule
Download completion certificates
Share your certificate on LinkedIn
Curriculum
2.5
hours
1
Quiz
|
1
Text
|
3
Video
Curriculum
1
Quiz
1
Text
3
Video
2.5
hours
Section 1.
Text
Course material and Presentation
Section 2. Webinar videos
Video
61
m
Anti Money Laundering - Part 1
Video
24
m
Anti Money Laundering - Part 2
Video
55
m
Anti Money Laundering - Part 3
Section 3. Quiz
Quiz
Final Quiz
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AK Consulting Inc.
We are a team of Big4 CPA, CAs offering PD courses for CPAs
We are a team of Big4 CPA, CA and other professionals. We offer wide range of professional development courses for CPA members relating to Canadian Taxation, International tax, Accounting, Ethics, Business, Workplace Teams & Culture, High Performance, Soft skills, and Personal Development.
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Course
Recent Updates to Anti-Money Laundering Rules (AML)
Update on new anti-money laundering requirements came into force on June 1, 2021.
Format:
Online
Level:
Intermediate
Certificate:
Available
Duration:
2.5
hours
TOTAL
US$66
You’ll be charged this price and get immediate
access to all learning materials. Taxes are calculated at checkout.
Frequently Asked Questions
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