How to Operationalize Targeted Financial Sanctions and AMLC Registration and Reporting Guidelines (ARRG)

HOW TO OPERATIONALIZE TARGETED FINANCIAL SANCTIONS /

AMLC REGISTRATION AND REPORTING GUIDELINES

A. How to Operationalize Targeted Financial Sanctions

Outline:

1. Legal basis

2. What are TFS?

3. Purpose of the sanctions

4. Source materials

5. The 2021 Sanctions Guidelines

6. Implementing TFS: What and Who are the targets?

7. How to use the Consolidated List of the UN Security Council

8. Remedies and exemptions

9. AMLC Regulatory Issuance (ARI No. 5) or the De-listing and Unfreezing Guidelines

10. Obligations of Covered persons

11. Name, Target and Potential Target Matches.

B. AMLC Registration and Reporting Guidelines

Outline:

1) AMLC Registrations

I. Designation of Authorized Officers

II. Preparation of Required Attachments

a) Documents to be scanned together into ONE pdf file

b) Public Key (Kleopatra Key)

1. Downloading the GPG software (Kleopatra)

2. Generating Kelopatra Key Pair

3. Exporting the Public Key

III. Registering through the AMLC Online Registration System (ORS)

2) AMLC Reporting

I. Salient Features of the 2021 ARRG

II. Hardware and Software Requirements

III. Reports Creation

IV. Report Submission

Speaker/s from:

Anti-Money Laundering Council

ATTY. ARNOLD T. KABANLIT and

MR. RUBERT E. SALCEDO

Schedule:

July 14, 2023 (Friday)

10:30 AM – 2:30 PM

Training Fee per Participant:

From Member Institution – P 2,800.00

From Non-Member Institution – P 3,920.00

**VAT inclusive