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Independent life insurance agents in Canada are required by law to have policies and procedures in place to detect and deter insurance products from being used for money laundering or terrorist financing
 If you are new to the independent sales distribution channel, haven’t looked at your AML/ATF program for a while, or are just not sure if your compliance program will hold up if you are audited by FINTRAC, insurance company, or your provincial regulator – IFB has a course designed just for you!
FINTRAC requires that all life agents in Canada have ongoing compliance training for themselves and any employees – and if you are audited, you will need to show proof that you have completed this training.
The IFB AML/ATF course for independent life insurance agents will take you through all the steps to building and maintaining a fully compliant regime.
The course includes:

  •  A completely updated Guidance Manual (FINTRAC requires that you keep a copy on hand and will look for it if you are audited)
  •  Customizable templates that you can fit to your particular business and clientele

You will not only enjoy the convenience of completing the course at your own pace, you will be better prepared in the event of an audit – and you will earn 6 CE credits for your Life License (BC,AB, SK, MB, ON) and FP Canada (for CFP®designates), and will be able to demonstrate that you meet your obligations under FINTRAC.

To find out more about the FINTRAC requirements, go to http://www.fintrac.gc.ca/guidance-directives/compliance-conformite/Guide4/4-eng.asp

The IFB AML/ATF course costs just $200 – or $150 for IFB members. To register, go to ifb.smartdirect.ca and select ‘ Anti-Money Laundering and Anti-Terrorist Financing for Independent Life Insurance Advisors’. 

Just looking for a refresher? Choose our shorter version for 3 hours of CE for $100 or just $75 for IFB members (Guidance Manual and templates not included in the refresher course). You can also purchase the Guidance Manual separately by contacting IFB at 905-279-2727/1-888-654-3333.

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