July 11, 2017
Michelle Symeonides, Account Manager, Marketing and Communications, Canadian Credit Union Association
Updated Flag the Money courses were released last week on the Learning Gateway to reflect recently enacted regulatory changes. These changes concern politically exposed persons, heads of international organizations, records of reasonable measures, and new identification requirements. The courses have been refreshed with new examples and interactive exercises, illustrations and role-specific case studies, and they also extensively revised the assessment questions. These changes are reflected in all four Flag the Money courses:
Learners who were registered in a Flag the Money course but did not complete it by June 30 were automatically registered into the new version of the same course. While course progress was lost, the learner now has access to the most up-to-date AML training content available.
Learners who have completed their 2017 Flag the Money training as of June 30 do not
need to complete a new course and have been registered into the Flag the Money: Summary of Regulatory Changes 2017
activity. This activity outlines the relevant regulatory changes included in the updated courses. It is a two-page document that outlines the relevant regulatory changes now included in the course. A learner will complete this activity by clicking on a link on the activity launch page after they have read it.
If you haven’t already taken advantage of volume discount prices for Flag the Money you can do by submitting a 2017 agreement found here
Information about the new regulations that came into effect June 17, 2017 are found on the FINTRAC site here