Description
Are you New to the Fight Against ML/TF/PF?
Learn about the basic concepts of ML/TF/PF, legal and regulatory AML/CTPF landscape and updated AML/CTPF rules and regulations of the Philippines and BSP ML/TF/PF Risk Rating System and Enforcement Actions.
Course Outline:
| Day/Speaker | Module Title/Topic | Time | Duration | SME |
| 21 May 2024
(Day 1) |
BAIPHIL Prayer/Introduction | 8:30 AM to 8:45 AM | 15 mins | BAIPHIL |
| Speaker 1 | Module IA – Chronicles of the Philippine Legal Framework on AML/CTPF | 8:45 AM to 9:30 AM | 45 mins | c/o Atty. Elmore O. Capule, Senior Assistant Governor and General Counsel, Bangko Sentral ng Pilipinas |
| Speaker 2 | Module IB – – Salient features of the Philippine legal and regulatory framework (to clarify if covered by SAGGC EOC) – Basic concepts of ML/TF/PF definition and schemes – Philippine AML/CTPF Structure and Supervising Authorities – Supervision Function of the BSP – BSP AML Regulations (Updates as of 2023) – Memorandum to BSP Supervised FIs (Updates as of 2023) |
9:30 AM to 10:45 AM | 1 hour 15 mins | Atty. Leigh Vhon G. Santos, Manager
BSP |
| Break | 10:45 AM to 10:55 AM | 10 mins | ||
| Module IIA – Elements of a sound ML/TF/PF Risk Management Framework | 10:55 AM to 11:50 AM | 55 mins | Atty. Leigh Vhon G. Santos, Manager
BSP |
|
| Q&A | 11:50 AM to 12:00 NN | 10 mins | Q&A | |
| 22 May 2024
(Day 2)- |
BAIPHIL Prayer/Introduction | 9:00 AM to 9:15 AM | 15 mins | BAIPHIL |
| Module IIB – CDD on Onboarding (with Risk Profiling Activity) and Ongoing Monitoring (With Updates on Common AML/CTPF Observations on UKBs) | 9:15 AM to 10:30 AM | 1 hour 15 mins | Mr. Richard A. Bonsol,
Bank Officer IV BSP |
|
| Break | 10:30 AM to 10:40 AM | 10 mins | ||
| Module IIB – CDD on Onboarding and Ongoing Monitoring (With Updates on Common AML/CTPF Observations on UKBs) – Continuation | 10:40 AM to 11:50 AM | 1 hour 10 mins | Mr. Richard A. Bonsol,
Bank Officer IV BSP |
|
| Q&A | 11:50 AM to 12:00 NN | 10 mins | Q&A | |
| 23 May 2024
(Day 3)- |
BAIPHIL Prayer/Introduction | 9:00 AM to 9:15 AM | 15 mins | Prayer/Introduction |
| Module IIC – TFS, Freeze Order, Bank Inquiry/Transaction reporting/Record keeping/ Training | 9:15 AM to 10:25 AM | 1 hour 10 mins | Atty. Ma. Corazon B. Bilgera-Cordero,
Manager, BSP |
|
| Break | 10:25 AM to 10:35 AM | 10 mins | ||
| Module III – MRAS and Enforcement Actions | 10:35 AM to 11:50 AM | 1 hour 15 mins | Atty. Ma. Corazon B. Bilgera-Cordero,
Manager, BSP |
|
| Q&A | 11:50 AM to 12:00 NN | 10 mins | Q&A |
This webinar is designed from the BSP’s perspective and role as regulator of Banks, to be facilitated by BSP’s AML Specialist Group (Financial Security Integrity Department). Participants will learn how to comply with BSPs regulations enforcing the AMLA, avoid exceptions and adverse findings, and get a higher AML rating. To further reinforce the learnings to be gained by the participants, a built-in workshop in the form of group discussion through breakout sessions is likewise incorporated in the program.
Resource Speaker:
Atty. Elmore O. Capule, Senior Assistant Governor and General Counsel, Bangko Sentral ng Pilipinas
Atty. Leigh Vhon G. Santos, Manager, Bangko Sentral ng Pilipinas
Mr. Richard A. Bonsol, Bank Officer IV, Bangko Sentral ng Pilipinas
Atty. Ma. Corazon B. Bilgera-Cordero, Manager, Bangko Sentral ng Pilipinas
Schedule:
May 21 – 23, 2024
May 21, 2024 (Tuesday) – 8:30 AM – 12:00 NN
May 22, 2024 (Wednesday) – 9:00 AM – 12:00 NN
May 23, 2024 (Thursday) – 9:00 AM – 12:00 NN
Training Fee per Participant:
Member Institution – P 4,480.00
Non-Member Institution – P 5,600.00
**VAT inclusive