If you are a Dealer in Precious Metals and Stones (DPMS), you know that AML compliance is a serious business and that the cost of neglect is severe. Do you have an anti-money laundering program in place?
Anti-money laundering (AML) compliance has become a full-fledged global movement. Government regulators are working hard to ensure that Canada’s reporting entities have robust regimes in place to make it difficult for organized crime to launder proceeds of crime. Over the next two years, reporting entities worldwide are expected to spend $10 billion dollars on their AML procedures and programs.
Are you ready for the regulators? Contact Clarium Fraud & Compliance Solutions for expert, experienced AML compliance services for DPMS.
Dealers in Precious Metals and Stones are required to comply with Canada’s AML laws and regulations. For a jeweler, this requirement can be an intimidating obligation. Learn why you should leverage Clarium Fraud & Compliance Solutions to provide your AML solution.
Dealers in Precious Metals and Stones face the same compliance regime requirements as financial institutions, such as Canada's large banks. Clarium Fraud & Compliance Solutions can help you meet these stringent federal requirements.
Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) requires that every DPMS file three types of reports. The reports can be complex and confusing. Clarium Fraud & Compliance Solutions can help you successfully navigate through these reporting requirements.
Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act and Regulations require that Dealers in Precious Metals and Stones have a compliance program in place that includes a training component. That training must be ongoing and fully documented. Clarium offers a number of training options to help DPMS meet this requirement.
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Part of maintaining the CFE and CAMS credentials requires 20-hours of continuing professional education (CPE) each year. Here are my CPE hours for June 2015- June 2016.
Clarium Fraud and Compliance Solutions Ltd. has completed a contract with the National Energy Board to develop its whistleblower program.
Ken Brander's critical examination of Canada's national money laundering and terrorist financing risk assessment.