FSO holds second AML CTF webinar

The SGV Financial Services Organization (FSO) conducted Module 2 of the SGV Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) Webinar Series on 30 October. The webinar covered the AML/CTF risk management framework.

VAB and Erika presenting at the webinar

SGV Financial Services Consulting Partner and Government and Public Sector Leader Christian G. Lauron welcomed participants from different industries. AML Council Executive Director Atty. Mel Georgie Racela then discussed the importance of understanding AML/CTF risks and the techniques on how to manage and mitigate them. FSO Senior Director Mary Catherine Biliran moderated the session.

SGV FSO Partner Veronica A. Balisi (VAB) and Associate Director Erika Gaanan Teh provided an overview of the earlier Module 1, followed by a refresher on money laundering, terrorist financing, and proliferation financing. They also discussed the key elements of an AML/CTF risk management framework and the preventive measures for specific customers and activities of a covered institution.