Anti-Money Laundering (AML) For the Mortgage Sector
What You’ll Learn
This Anti-Money Laundering (AML) course is a fully online, self-study certification course for mortgage professionals who want to ensure compliance, protect their business, and confidently navigate Canada’s AML regulations.
Designed for ease of use, this course combines engaging video presentations, interactive quizzes, and a user-friendly format to ensure a smooth and effective learning experience.
Key Details:
- Format: Self-paced, fully online video course
- Duration: 3-4 hours, including video instruction
- Price: $50
- Certification: Receive a certificate upon successful completion
- Resources: Includes a digital textbook, broken down into easy-to-follow chapters for effective learning
Course content:
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Chapter 1: Introduction and Overview
Understand the origins and importance of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
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Chapter 8: Monitoring and Ongoing Due Diligence
Understand the importance of continuous monitoring and risk assessments.
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Chapter 2: Identifying Reportable Incidents
Learn to recognize suspicious transactions, large cash transactions, and terrorist property.
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Chapter 9: Compliance Program Requirements
Discover the components of an effective AML compliance program.
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Chapter 3: Suspicious Transaction Reports (STRs)
Understand the requirements and processes for filing Suspicious Transaction Reports.
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Chapter 10: Compliance Review and Audit
Learn the procedures for conducting compliance reviews and audits.
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Chapter 4: Large Cash Transaction Reports (LCTRs)
Learn how to identify and report large cash transactions.
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Chapter 11: Penalties for Non-Compliance
Review the penalties associated with non-compliance under the PCMLTFA.
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Chapter 5: Terrorist Property Reports (TPRs)
Identify and report transactions involving terrorist property.
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Chapter 12: Best Practices for Compliance
Gain insight into industry best practices to ensure compliance.
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Chapter 6: Client Identification and Verification
Explore client due diligence requirements and verification procedures.
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Chapter 13: Practical Tools and Resources
Access checklists, risk assessment tools, and compliance software for real-world application.
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Chapter 7: Record Keeping and Retention
Learn about maintaining records and compliance with retention periods.
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Joe White
Joe is the founder and president of REMIC. With over 30 years of experience in the mortgage industry,
Joe has held leadership roles as a National Sales Director, VP of Sales, and principal broker.
As an educator, he has taught over 20,000 students since 1996, many of whom are now industry leaders.
Joe developed Ontario’s first mortgage broker education program and has authored key industry manuals used by over 20 colleges. His contributions to the field were recognized with his 2019 induction into the Canadian Mortgage Hall of Fame.
Joe is the founder and president of REMIC. With over 30 years of experience in the mortgage industry,
Joe has held leadership roles as a National Sales Director, VP of Sales, and principal broker.
As an educator, he has taught over 20,000 students since 1996, many of whom are now industry leaders.
Joe developed Ontario’s first mortgage broker education program and has authored key industry manuals used by over 20 colleges. His contributions to the field were recognized with his 2019 induction into the Canadian Mortgage Hall of Fame.