SEC-EIPD Notice

2022 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT TO : All SEC Registered Financing Companies and Lending Companies NOTICE The Commission invites the Directors/Senior Officers/Compliance Officers of Financing Companies (FCs) and Lending Companies (LCs) to a free webinar to be conducted via Zoom on 28 February 2022 from 1:30pm to 4:00pm . The following topics will be discussed during the event: Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Inherent Risk Assessment Data Form (AIRDF); SEC Memorandum Circular (MC) No. 26, Series of 2020 Guidelines in the Implementation of a Risk-Based Approach to AML/CFT and Adoption and Development of a Risk Rating System for SEC Covered Persons ; and SEC MC No. 4, Series of 2021 Amendment of Memorandum Circular No. 16, Series of 2018 or the Guidelines on Anti-Money Laundering and Combating the Financing of Terrorism for SEC Covered Institutions ("2018 AML/CFT Guidelines") and Memorandum Circular No. 29, Series of 2020 or the 2020 Guidelines on the Submission and Monitoring of the Money Laundering and Terrorist Prevention Program (MTPP) . The webinar aims to guide FCs and LCs in identifying and assessing the indicators of Money Laundering and Terrorist Financing (ML/TF) risks to which they are exposed. It also aims to provide information and/or enhance the participants' understanding of the Institutional Risk Assessment (IRA) required to be conducted by Covered Persons and the AML/CFT Risk Rating System adopted by the Commission to measure the effectiveness and sufficiency of a Covered Person's AML/CFT framework. Pre-registration to the webinar is required and is on a first-come, first-served basis. To register, please fill out the form through the following link: Webinar Registration Form Kindly note that due to limited slots, only one (1) participant per Financing Company/Lending Company will be accepted to join the webinar. In relation to the foregoing, all FCs and LCs who have not yet submitted the AIRDF are directed to accomplish the AIRDF for data covering the period 2020 . The AIRDF may be accessed via the following link: Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Inherent Risk Assessment Data Form (AIRDF) Attendance at the said webinar will be considered as part of the covered person's compliance with AML/CFT requirements on training.