Duration 1 day – 7 hrs
Overview.
This course equips all employees with a practical understanding of money laundering/terrorist financing (ML/TF) risks, the core obligations of covered persons, and how to identify and escalate red flags in day-to-day work. It refreshes key requirements under the Anti-Money Laundering Act (AMLA / RA 9160, as amended) and its Implementing Rules and Regulations (IRR), including risk-based preventive measures, reporting duties, and confidentiality requirements.
Objectives
- Explain basic AML/CTF concepts, common laundering stages, and why controls matter.
- Identify the organization’s duties as a covered person (high-level) and the employee’s role in compliance.
- Apply risk-based thinking in customer interactions and internal processes.
- Spot common red flags and decide the correct internal escalation path.
- Understand the basics of transaction reporting (CTR/STR concepts), record-keeping, and the importance of timely/accurate submissions.
- Describe confidentiality rules (e.g., avoiding “tipping off”) and consequences of non-compliance.
Audience
- All staff of banks/fintech/e-wallets, lending, insurance, remittance, payments, and other covered persons
- Especially recommended for: frontliners, customer support, sales, operations, onboarding, finance, branch/field staff, and shared services
Pre- requisites
- None (basic familiarity with your company’s products/processes is helpful)
Course Content
Module 1 — AML/CTF fundamentals
- What ML/TF is and why it impacts businesses and customers
- Typical laundering stages (placement–layering–integration) and common abuse patterns
- Roles: frontline vs operations vs compliance (three lines of defense concept)
Activity: “Spot the risk” quick scenarios
Module 2 — AMLA/IRR essentials for covered persons
- AMLA (RA 9160, as amended): what it expects at a high level
- IRR purpose and how it operationalizes controls
- Covered persons: what that means and why staff must comply
- “Tipping off” and confidentiality basics
Module 3 — Risk-based approach & customer risk indicators
- Risk-based preventive measures: simple, practical interpretation
- Customer risk profiling: low/normal/high risk
- When enhanced checks are needed (conceptual EDD triggers)
Activity: mini risk-rating exercise (3 customer profiles)
Module 4 — KYC/CDD basics for all staff
- KYC basics: identity, purpose/nature of relationship, ongoing monitoring (high-level)
- What “good documentation” looks like
- Common errors that create compliance findings (missing info, inconsistent data, weak escalation)
Activity: “Good vs bad KYC” checklist review
Module 5 — Red flags and escalation playbook
- Behavioral, documentary, and transaction red flags
- Internal escalation: what to capture in a referral (facts, dates, amounts, screenshots/logs)
- Handling customers safely (what to say / what not to say)
Activity: red-flag triage drill (groups decide: OK / clarify / escalate)
Module 6 — Reporting & record-keeping refresher
- CTR/STR concepts and why accuracy/timeliness matters
- Reporting guidelines and submissions overview (high-level)
- Record keeping and audit trail mindset (who/what/when/why)
Module 7 — Wrap-up: controls, consequences, and quick assessment
- Personal accountability, disciplinary/regulatory consequences (high-level)
- Final quiz + commitments (policy attestation)
