Joint BSP & AMLC Seminar on the Recent Developments in the Anti-Money Laundering/ Countering Terrorism and Proliferation Financing (AML/CTPF) In Compliance with BSP and AMLC Requirements

Description

DESCRIPTION

This seminar aims to provide the participants with a discussion on the challenges and issues faced by the Philippines in the process of addressing the items needed to get out of the Financial Action Task Force’s (FATF) Grey List. The presentation will be delivered by the Head of the Anti-Money Laundering Council Secretariat, Executive Director Matthew M. David.

In the next part of the seminar, our Subject Matter Experts from the Financial System Integrity Department of the Bangko Sentral ng Pilipinas will talk about, among others, the core functions of BSP in terms of AMLA implementation, including the latest issuances by BSP on AML regulations. More importantly, the participants will learn first-hand from the BSP SMEs the common BSP findings/issues on AML compliance. An overview of BSP’s thematic review will likewise be tackled as well as the guidance paper on beneficial ownership due diligence.

 

COURSE PROGRAM

Day/Speaker Module Title/Topic Time Duration SME
BAIPHIL Introduction 9:00 AM to 9:15 AM 15 mins BAIPHIL
Speaker 1 Module I – Philippine’s Exit to FATF Greylist 9:15 AM to 10:15 AM 1 hour Atty. Matthew M. David
Executive Director – AMLCS
Break Time 10:15 AM to 10:30 AM 15 mins Break
Speaker 2 Module II
– Philippine AML/CTPF Structure and Supervising Authorities
• Core functions of BSP
– BSP AML Regulations (Updates as of 2024)
– Elements of Sound ML/TF/PF Risk Management Framework (with discussion on common relevant findings/issues)
– Q&A		 10:30 AM to 12:00 AM 1 hour 30 mins Atty. Ruel M. Bumatay, Director, FSID, BSP
Break Time 12:00 PM to 1:00 PM 1 hour Break
Speaker 3 Module II
– Overview of Thematic Reviews
– Guidance Paper on Beneficial Ownership Due Diligence
– Q&A		 1:00 PM to 2:30 PM 1 hour 30 mins Atty. Rojie G. Dancel,

Deputy Director, FSID, BSP

 

 

SUBJECT MATTER EXPERTS:

 

ATTY. MATTHEW M. DAVID

Executive Director

Anti-Money Laundering Council Secretariat

 

ATTY. RUEL M. BUMATAY

Director

Financial System Integrity Department

Bangko Sentral ng Pilipinas

 

ATTY. ROJIE C. DANCEL

Deputy Director

Financial System Integrity Department

Bangko Sentral ng Pilipinas

 

SCHEDULE:

April 24, 2025 (Thursday) 9:00 AM – 2:30 PM

 

TARGET PARTICIPANTS:

  1. Members of the Board of Directors and Senior Management
  2. Chief Risk Officers and Staff of Risk Management Offices
  3. Chief Finance Officers/Chief Comptrollers
  4. Credit Risk Officers and Staff
  5. Branch Banking Sector Heads and Regional/Branch Heads and Branch Personnel
  6. Compliance Officers and Staff of Compliance Office
  7. Chief Legal Officers and Lawyers
  8. Internal Auditors, Officers and Staff of Internal Audit Offices
  9. Accounting Heads and Officers, Officers and Staff of Accounting Offices
  10. Credit and Lending Officers and/or Relationship Managers
  11. Officers and Employees of Anti- Money Laundering Compliance Units/Offices
  12. Corporate Governance Officers
  13. Investment/Treasury Heads and Officers/Staff
  14. Officers/Personnel from International Operations or those engaged in Foreign Exchange Operations
  15. Human Resource Management Department Heads and Officers/Staff
  16. Officers and Staff involved in managing Fraud Management System

 

Training Fee per Participant:

Member Institution – Php 3,920.00

Non-Member Institution – Php 5,040.00

*VAT inclusive

 

REGISTER HERE!