T1. Your Role_CA: This topic will emphasize the importance of financial institution employees in the detection and prevention of money laundering, and specify types of training that all financial institution employees should receive.
T2. Internal Compliance Regime_CA: This topic will demonstrate the importance of developing a compliance regime within a financial institution to ensure that it is in compliance with AML regulations. The topic will also identify specific financial entities, and provide the stipulations that dictate whether or not a compliance regime needs to be in place within that particular financial institution.
T3. Risk-Based Approach_CA: This topic will provide an outline of a risk-based approach (RBA) process for identifying individuals and entities that pose a high risk for money laundering, and ensures that the learner understands the proper procedures for maintaining a written risk mitigation program.
T4. Ongoing Compliance Training_CA: This topic will demonstrate the importance of developing ongoing compliance training programs for employees of financial institutions, and specifies the kind of information that should be included in the programs.
T5. Risk Assessment_CA: This topic will ensure that the learner understands how risk assessments should be applied within financial institutions, and identifies entities and transactions that pose higher risks for money laundering and terrorist financing.
T6. Identification Procedures_CA: This topic will ensure that the learner is able to properly carry-out identification procedures, and that the learner is familiar with all necessary procedures for each type of entity and transaction.
T7. Recordkeeping Requirements_CA: This topic will ensure that the learner understands recordkeeping requirements regarding a financial institutionÆs reporting of transactions to FINTRAC.
T8. Politically Exposed Persons (PEPs)_CA: This topic will provide the learner with a clear definition of Politically Exposed Persons (PEPs), and will ensure that the learner is familiar with procedures for identifying PEPs for various types of transactions.
T9. Customer Due Diligence_CA: This topic will provide the learner with an outline of Customer Due Diligence (CDD) procedures, and will demonstrate each stage of the process. This topic will also ensure that the learner understands appropriate customer-monitoring procedures.
T10. High-Risk Relationships_CA: This topic will identify types of financial relationships that are considered to be high-risk, and will demonstrate the enhanced due-diligence measures that must be taken to ensure that the financial institution and its customers are protected.
T11. High-Risk Transactions_CA: This topic will identify high-risk transactions that may occur within a financial institution and articulate how these types of transactions must be handled to maintain compliance with CanadaÆs AML regulations.
T12. Registered Entities_CA: This topic will identify financial entities that are required to register with the Financial Transactions Reports Analysis Centre of Canada (FINTRAC), identify financial entities that are ineligible for registration, and describe the registration process.