“AML For Real Estate”
Are you engaged in Real Estate Business??
(a) auctions or negotiates the sale, exchange, purchase, lease or licensing of real property;
(b) advertises or holds himself out as being engaged in the business of auctioning or negotiating the sale, exchange, purchase, lease or licensing of real property;
(c) engages in property management, either as a consultant or as an agent;
(d) odirects or assists in the procuring of prospects, or the negotiation or closing of transactions which result in the sale, exchange, lease or licensing of real property.
If yes, YOU must subscribe to AML/CFT/PF Laws and Regulation.
Real Estate Agents must avoid the newly implemented Administrative Penalty (Up to $100K) for breaches of Regulations, and other monetary penalties and imprisonment.
The Online AML Training Program for Real Estate is designed to equipped Real Estate Agents and persons within the employ of Real Estate Agency with the information and knowledge for them to be aware of their financial obligations and responsibilities under the Proceeds of Crime Act, Financial Intelligence Unit of Trinidad and Tobago Act, the Anti-Terrorism Act, and their respective Regulations, and relative AML provisions in the Real Estate Agents Act, 12 of 2020.
The program consists of readings materials, discussion forums, and practice quizzes that will aid the successful assessment of your training evaluation. This training is practice oriented.
Each student will be provided with a unique username and password to access the training course.
About
AML For Real Estate
Major Topics and Synopsis
The Online AML Training programme for Real Estate is modular oriented.
In addition to reading material and other documents, Participants will be exposed to seventeen (17) modules such as:
Module 1 – Money Laundering In Perspectives
Module 2 – AML Legislation and Regulations
Module 3 – Financial Intelligence Unit
Module 4 – ML Activities
Module 5 – Terrorist Financing
Module 6 – Record Keeping
Module 7 – Customer Due Diligence
Module 8 – Compliance Programme
Module 9 – Staff Recruitment and Responsibilities
Module 10 – Reporting Suspicious Activities
Module 11 – Independent Testing (Audit)
Module 12 – Training
Module 13 – Compliance Officer
Module 14 – Reporting To The Board
Module 15 – Risk Based Approach
Module 16 – Offences and Penalties
Module 17 – Elective – Specific for Real Estate
Each module comprises Power Point Presentation (PPT), supporting material, practice quizzes to help participants prepare for Final Assessment.
A Certificate of Completion will be awarded to all successful participants who passed the Final Assessment Exam.
The Final Assessment consist of 30 multiple choice questions to be done within 40 minutes.
The pass mark is 75%.
For information and technical support
email amlonline@nemlctt.com or call 1(868) 222-8928
Frequently asked questions
How do I pay for Course?
You can pay for the course using your Credit Card by going to the COST Tab and enter the relevant information.
Alternatively, you can pay by cheque payable to NEM Leadership Consultants or through Online Banking – email us at amlonline@nemlctt.com or call 1-868-222-8928 to get the organisation’s bank details.
How do I Enroll/register?
Once payment is payment, we will send you your unique Username and Password (You can change your password if you wish).
Upon enrollment, you will have access to all the Course material and presentations.
How long do I have to complete the course?
You have up to thirty (30) days to complete the course. It is a 100% Online programme and you work at your own speed and time. Anytime – Anywhere – Anyplace.
Is there a specific tine to access the course?
You can access the course anytime, anywhere, anyplace. The course is 100% Online
How can I prepare for the Final Exam?
There are practice quizzes for all modules. You have three attempts at the to take the quizzes. It is advisable to take the quiz since they definitely help in preparing you to take the Final Exam. You have one attempt at the Final Assessment.
What is the Format of the Final Exam?
The format of the exam comprises thirty (30) multiple questions to be completed with a period of 40 minutes. The pass mark is 75%, out of 100%.
Would I get a Certificate of Completion?
On successful completion of the Final Exam (Attaining at least 75%), you will be provided (email) with an Original Soft Copy of your Certificate of Completion. For participants representing an organisation, these certificates will be sent to management.
Can I take a resit is if I am not successful at the Final Assessment?
Yes you can. A resit fee of 20% becomes payable with a resit. You need to advise the Course Administrator the date and time you will like to take the resit. You are allowed two resits. After you will have to do over the course.
Do I have to take the program every year?
Consistent with Regulation 6 of the Financial Obligations Regulations, training has to be done annually. Stakeholders must be aware of changes to legislation, regulations and guidelines, amendments to company operations and policies, new typologies of money laundering, etc.
Is it that all persons in Real Estate agency have to do the AML Training?
Once you engage in Real Estate Business, you have to be trained?
(a) auctions or negotiates the sale, exchange, purchase, lease or licensing of real property;
(b) advertises or holds himself out as being engaged in the business of auctioning or negotiating the
sale, exchange, purchase, lease or licensing of real property;
(c) engages in property management, either as a consultant or as an agent;
(d) takes part in the procuring of vendors, purchasers, lessors, lessees, landlords or tenants of real
(e) directs or assists in the procuring of prospects, or the negotiation or closing of transactions which
result in the sale, exchange, lease or licensing of real property.
For information and technical support
email amlonline@nemlctt.com or call 1(868) 222-8928
Target Groups -
Who should Enrol:
- Real Estate Agents
- Sales Associate
- Brokers
- Employees / staff in a real estate agency
- Directors / Partners in Real Estate Agency
- Law Enforcement Officers
- Police Officers
- Persons who require an understanding of AML Obligations for the Real Estate Sector
For information and technical support
email amlonline@nemlctt.com or call 1(868) 222-8928
Click here for
Nigel Matthew's Biography
Course Facilitator
The course was designed and developed by experienced Anti-money Laundering and Counter Financing of Terrorism Professional Practitioner.
The lead course instructor is Nigel Matthew.
Nigel, an experienced leadership consultant, is a Certified Professional in Anti-Money Laundering from the Florida International Bankers Association (FIBA) / Florida International University. Nigel has done extensive work in the areas of AML training, developing various compliance programmes, risk-based frameworks, and conducted independent compliance audits for entities both in the private and public sectors.
For information and technical support
email amlonline@nemlctt.com or call 1(868) 222-8928
AML For Real Estate
Major Topics and SynopsisThe Online AML Training programme for Real Estate is modular oriented. In addition to reading material and other documents, Participants will be exposed to seventeen (17) modules such as:
Each module comprises Power Point Presentation (PPT), supporting material, practice quizzes to help participants prepare for Final Assessment. For information and technical support |
Frequently asked questions
How do I pay for Course?
You can pay for the course using your Credit Card by going to the COST Tab and enter the relevant information. Alternatively, you can pay by cheque payable to NEM Leadership Consultants or through Online Banking – email us at amlonline@nemlctt.com or call 1-868-222-8928 to get the organisation’s bank details.
How do I Enroll/register?
Once payment is payment, we will send you your unique Username and Password (You can change your password if you wish).
Upon enrollment, you will have access to all the Course material and presentations.
How long do I have to complete the course?
You have up to thirty (30) days to complete the course. It is a 100% Online programme and you work at your own speed and time. Anytime – Anywhere – Anyplace.
Is there a specific tine to access the course?
You can access the course anytime, anywhere, anyplace. The course is 100% Online
How can I prepare for the Final Exam?
There are practice quizzes for all modules. You have three attempts at the to take the quizzes. It is advisable to take the quiz since they definitely help in preparing you to take the Final Exam. You have one attempt at the Final Assessment.
What is the Format of the Final Exam?
The format of the exam comprises thirty (30) multiple questions to be completed with a period of 40 minutes. The pass mark is 75%, out of 100%.
Would I get a Certificate of Completion?
On successful completion of the Final Exam (Attaining at least 75%), you will be provided (email) with an Original Soft Copy of your Certificate of Completion. For participants representing an organisation, these certificates will be sent to management.
Can I take a resit is if I am not successful at the Final Assessment?
Yes you can. A resit fee of 20% becomes payable with a resit. You need to advise the Course Administrator the date and time you will like to take the resit. You are allowed two resits. After you will have to do over the course.
Do I have to take the program every year?
Consistent with Regulation 6 of the Financial Obligations Regulations, training has to be done annually. Stakeholders must be aware of changes to legislation, regulations and guidelines, amendments to company operations and policies, new typologies of money laundering, etc.
Is it that all persons in Real Estate agency have to do the AML Training?
Once you engage in Real Estate Business, you have to be trained?(a) auctions or negotiates the sale, exchange, purchase, lease or licensing of real property;
(b) advertises or holds himself out as being engaged in the business of auctioning or negotiating the sale, exchange, purchase, lease or licensing of real property;
(c) engages in property management, either as a consultant or as an agent;
(d) takes part in the procuring of vendors, purchasers, lessors, lessees, landlords or tenants of real
(e) directs or assists in the procuring of prospects, or the negotiation or closing of transactions which result in the sale, exchange, lease or licensing of real property.
For information and technical support
email amlonline@nemlctt.com or call 1(868) 222-8928
Target Groups - Who should Enrol: |
For information and technical support
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AML For Real Estate
Cost
Fee scalable based on group enrolment |
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6-10 Persons
Best for startup companies loem umsum dolor summit imets
TT$
500
month
1-5 persons
Best for startup companies loem umsum dolor summit imets
TT$
600
month
11-20 Persons
Best for startup companies loem umsum dolor summit imets
TT$
400
month
