Description
How to Build a Strong AML/CTPF Culture from the Top?
Board of Directors and Senior Management are invited to a high-level learning on basic concepts of ML/TF/PF, legal and regulatory AML/CTPF landscape of the Philippines, elements of sound ML/TF/PF risk management and BSP ML/TF/PF Risk Rating System and Enforcement Actions
Course Outline:
| Day/Speaker | Module Title/Topic | Time | Duration | SME | ||
| 18 June 2024 | BAIPHIL 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 9:15 AM | 30 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 • Core functions of BSP – BSP AML Regulations (Updates as of 2023) |
9:15 AM to 10:30 AM | 1 hour 15 mins | Atty. Ruel M. Bumatay,
Deputy Director BSP |
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| Break Time | 10:30 AM to 10:40 AM | 10 mins | Break | |||
| Speaker 3 | Module II – Overview of BSP supervisory framework – ML/TF/PF Risk Assessment (MRAS) framework (With Updates on Common AML/CTPF Observations on UKBs) – BSP supervisory enforcement policy – Overview of Thematic Reviews |
10:40 AM to 11:50 AM | 1 hour 10 mins | Atty. Rojie G. Dancel,
Acting Deputy Director BSP |
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| 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. Ruel M. Bumatay, Deputy Director, Bangko Sentral ng Pilipinas
Atty. Rojie G. Dancel, Acting Deputy Director, Bangko Sentral ng Pilipinas
Schedule:
June 18, 2024 (Tuesday)
8:30 AM – 12:00 PM
Training Fee per Participant:
Member Institution – P 2,800.00
Non-Member Institution – P 3,920.00
**VAT inclusive