If you are a lawyer and wish to claim your CPD points via E154, please scroll down to the end of the page to read SILE attendance policy.

Notice

Your enrolment would constitute that consent has been given to ISCA to release your personal information to ACRA for their verification and record purpose. Please ensure that your NRIC / FIN number submitted for the online enrolment is accurate.

 
Programme Objective

This course intends to provide Registered Filing Agents (RFAs) with sufficient knowledge and understanding in respect of anti-money laundering (AML) and counter financing of terrorism (CFT) to enable RFAs to better comply with prevailing ACRA and relevant Singapore’s regulatory requirements in this regard.

The course will be delivered over a 4.5 hours session and followed with a mandatory assessment to be separately administered by ACRA.

Programme Outline

The course is designed to enable RFAs to demonstrate:

• knowledge and understanding of AML/CFT legislations, regulatory trends and developments in Singapore
• knowledge and understanding of the AML/CFT environment in Singapore and international trends and typologies
• knowledge and understanding of how to carry out risk assessment and conduct various types of customer due diligence
• familiarity with ACRA Guidelines for RFAs
• awareness of how ACRA’s Compliance review and inspections impact RFAs

 

Learning Outcomes

At the end of the Course, RFAs should be able to

• explain how and why money laundering and terrorism financing is negatively affecting global economy
• identify the global and local regulatory trends and typologies in AML/CFT
• identify the stages of money laundering and terrorism financing and how their origins in criminal activities can be disguised in order to avoid the criminals involved from detection and prosecution
• understand the risk involved for RFAs when dealing with money launderers, terrorists and sanctioned names 
• recognise that such risks can be mitigated by RFAs complying with ACRA Guidelines and take appropriate steps to put in place relevant control mechanism
• implement a reasonable, objective and consistent methodology in risk assessment
• draft an appropriate IPPC for its business operation in order to comply with ACRA Guidelines
• understand how to carry out customer due diligence, identification and verification of customer identity and corresponding record keeping obligations
• put in place appropriate Compliance and Audit arrangement as well as Employee screening and training plans

 

Programme Outline	Event flow (4.5 CPE Hour)
Registration	12pm to 1pm
Part 1: Overview of AML/CFT globally Financial Action Task Force (FATF) Overview of legislation related to AML/CFT in Singapore Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act [CDSA]; Terrorism (Suppression of Financing) Act [TSOFA]; UN Sanctions Act ACRA Act and related legislation administered by ACRA Local regulatory trends and typologies in AML/CFT	1pm to 3pm (2 hour)
Tea Break	3pm to 3.30pm (0.5 hour)
Part 2: Risk Assessment	3.30pm to 4pm (0.5 hour)
Part 3: ACRA Guidelines for RFAs Development of appropriate IPPC Customer Due Diligence Identification and Verification of Identity of Customers, Agents, Beneficial Owners Timing of Verification Performance of CDD Measures by Third Party On-going Monitoring Simplified CDD vs Enhanced CDD and Monitoring Recording Keeping Audit and Compliance Management Employee Screening and Training	4pm to 5.30pm (1.5 hours)
Part 4: Q & A (Pigeon Hole)	5.30pm to 6pm(0.5 hour)

Training Sessions:
 

Intakes	Dates	Organisers	Venue	Registration
Session 1	30-May-18	CSIS	STI	Registration is closed
Session 2	22-Jun-18	ISCA	STI
Session 3	31-Aug-18	CSIS	STI	Registration is closed
Session 4	15-Oct-18	ISCA	LLI
Session 5	16-Nov-18	CSIS	Marina One	Registration is closed
Session 6	14-Dec-18	ISCA	STI
Session 7	11-Jan-19	CSIS	STI	Registration is closed
Session 8	18-Jan-19	ISCA	STI
Session 9	15-Feb-19	ISCA	STI
Session 10	28-Feb-19	CSIS	STI	Registration is closed
Session 11	15-Mar-19	CSIS	STI	Registration is closed
Session 12	22-Mar-19	ISCA	STI
Session 13	28-Mar-19	CSIS / ISCA	PSB Academy	Registration is closed
Session 14	5-Apr-19	CSIS	STI	Registration is closed
Session 15	11-Apr-19	ISCA	LLI
Session 16	27-May-19	CSIS	TBC	Registration is closed
Session 17	27-June-19	ISCA	ISCA
Session 18	29-Jul-19	CSIS	TBA	Registration is closed
Session 19	30-Aug-19	ISCA	ISCA
Session 20	26-Sep-19	CSIS	TBA	Registration is closed
Session 21	25-Oct-19	ISCA	ISCA
Session 22	28-Nov-19	CSIS	TBA	Registration is closed
Session 23	10-Dec-19	ISCA	ISCA
Session 24	16-Jan-20	CSIS	CSIS	https://www.123formbuilder.com/form-5044538/
Session 25	24-Feb-20	ISCA	Live Webinar
Session 26	19-Mar-20	CSIS	Big Picture	https://www.123formbuilder.com/form-5044538/
Session 27	20-Apr-20	ISCA	Live Webinar
Session 28	28-May-20	CSIS	Big Picture	https://www.123formbuilder.com/form-5044538/
Session 29	16-Jun-20	ISCA	Live Webinar
Session 30	30-Jul-20	CSIS	Big Picture	https://www.123formbuilder.com/form-5044538/
Session 31	21-Aug-20	ISCA	ISCA
Session 32	24-Sep-20	CSIS	TBA	https://www.123formbuilder.com/form-5044538/
Session 33	8-Oct-20	ISCA	ISCA
Session 34	19-Nov-20	CSIS	TBA	https://www.123formbuilder.com/form-5044538/
Session 35	18-Dec-20	ISCA	ISCA
Session 36	27-Jan-21	CSIS	Live Webinar	https://form.123formbuilder.com/5754641/
Session 37	24-Feb-21	ISCA	Live Webinar
Session 38	24-Mar-21	CSIS	Live Webinar	TBC
Session 39	10-Mar-21	ISCA	Live Webinar
Session 40	21-Apr-21	CSIS	Live Webinar	TBC
Session 41	7-Apr-21	ISCA	Live Webinar
Session 42	19-May-21	CSIS	Live Webinar	TBC
Session 43	16-Jun-21	ISCA	Live Webinar
Session 44	28-Jul-21	CSIS	Live Webinar	TBC
Session 45	18-Aug-21	ISCA	Live Webinar
Session 46	29-Sep-21	CSIS	Live Webinar	TBC
Session 47	13-Oct-21	ISCA	Live Webinar
Session 48	24-Nov-21	CSIS	Live Webinar	TBC
Session 49	8-Dec-21	ISCA	Live Webinar

 

For more information on Mandatory Training and Proficiency Test requirements for Registered Filing Agents, please visit ACRA’s website or click here.

Continuing Professional Development

Practice Area: Ethics and Professional Responsibility Training Level: General Public CPD Points: 4.0

 

 

Accreditation by SILE:

 

E154: Anti-Money Laundering / Combating The Financing Of Terrorism (“AML / CFT”) Course

Date: 16 Jun 2020

Time: 1pm to 6pm

Note:  This Training has been accredited by SILE as a Live Webinar. Lawyers are required to stay logged in throughout the webinar.

Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being absent from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.

For further clarification, please contact us at (65) 67498060 or email cpe@isca.org.sg.

 

Training Methodology

Seminar style
 
Closing Date for Registration

1 week before programme or until full enrolment

 

 

Intended For

All level

Programme Facilitator(s)