Program Chair(s)

Amber D. Scott

Founder & CEO, Outlier Solutions Inc

Ted Wilby

Chief Legal & Compliance Officer, BMO Insurance, BMO Financial Group

 How confident are you at managing complex AML compliance issues? Are you up-to-date on your evolving obligations?

AML compliance obligations for financial services are highly technical, complex and constantly changing. Confusion and missteps can lead to vigorous investigations and enormous penalties, including damage to your professional reputation. You need to keep current with the latest in law and practice. More than ever, Canadian financial institutions – operating nationally and globally – need to be equipped with the latest legal and practical guidance, tools and updates to protect against money-laundering and fraud violations while also mitigating reputational and financial risks if violations of laws and policies occur. Designed for mid- to senior-level legal, business and finance professionals working in or advising on compliance matters, this OsgoodePD program will provide you with the latest essential knowledge, skills and tactics you need to confidently manage complex money-laundering risks facing Canadian financial institutions for 2021.

In one intensive day, you will get a robust, yet practical understanding of the latest proven techniques to apply when tackling stubborn AML compliance issues. You will emerge from this update with increased confidence and a current repertoire of relevant knowledge and skills to navigate challenges and trends for 2021. Plus, you will have the opportunity to engage in professional dialogue with the leading experts, and get your top questions addressed.

Registration includes 120-day unlimited, online access to the recorded program.

What You’ll Learn

Practical considerations for addressing key risks and challenges arising from COVID-19 restrictions resulting in an unprecedented level of mass virtual/remote experiences

FINTRAC and Department of Finance overview and statistical analysis for 2021

  • Data on what people are getting wrong
  • Cross-sector analysis
  • Forecast for upcoming priorities and expectations and what you need to do now to get prepared

What’s different for financial institutions vs. other reporting entities for 2021

Insights and tools for “de-risking” clients

  • What are the warning signs?
  • How to de-register a client – includes notice, reporting and key considerations
  • What to do if an account is reinstated, if a client “cures” the breach or makes a claim?

Techniques for dealing with shifting laws and obligations – including how to implement the latest AML reporting obligations throughout the customer lifecycle

Best practices for responding to FINTRAC letters – with distinctions by type of reporting entity

Practical considerations for dealing with different requirements involving higher standards

Tips for complying with the legal rules when they may not align with your company’s mandate

Strategies for navigating key developments in validating records to avoid financial crimes

Tactics for matching the know-your-client (KYC) and customer identification (ID) requirements with your evolving risks and obligations – includes national and international considerations

Practice tips for managing escalating beneficial ownership issues and obligations

  • Where people go wrong and why
  • Tools for managing obligations involving “secret owners”
  • Best practices for due diligence and enhanced due diligence
  • Practical summary of key initiatives underway in Canada and globally

How to overcome key issues and developments in monitoring and testing – includes identification, mitigation and control of risk, and the practical impacts resulting from emerging initiatives

How to evaluate the risks of non-compliance

Practical strategies for navigating FINTRAC exams and penalties, including a practical walk-through of an exam and post-exam penalty

Best practices and lessons learned from recent clean-up efforts that became public, including essential considerations and tactics for developing a game plan and a wrap-up plan

Who Should Attend

Mid- to senior-level compliance professionals, consultants or advisors at financial institutions

In-house counsel at financial institutions

Accountants or auditors

Lawyers in private practice who advise financial institutions

Risk, control or quality assurance professionals

Portfolio managers, fund managers and investment dealers

Analysts or advisors

Due diligence professionals, corporate analyst, banking analyst, finance analyst or analyst

Anyone interested in a solid understanding of how to navigate complex issues involving anti-money laundering compliance


Program Chairs

Amber D. Scott

Founder & CEO, Outlier Solutions Inc

Ted Wilby

Chief Legal & Compliance Officer, BMO Insurance, BMO Financial Group



 View the program brochure and agenda to see what you’ll learn from leading experts.


Recorded: Apr 22, 2021

$795 + HST

Printable registration form

If a downloadable form is required, please contact

“Is financial assistance or funding available?”

As law evolves, we know how important it is to stay up to date. We also understand the financial implications of continuously upgrading your professional skills and knowledge. For more information on available options, including Job Grants, OSAP, please visit:

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CPD and Accreditation

OsgoodePD is an accredited provider with the LSO, the Law Society of BC and NY CLE Board. Select your location to view the eligible hours you may claim.

CPD Hours
Contact us for inquiries about other provinces.
Substantive (Including Foundations in AML Compliance Primer)7h
Professionalism 1h 15m
Total8h 15m

Are you reporting hours from a previous date?

View our CPD & Accreditation page to see previously calculated hours for this course.

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Frequently Asked Questions

Client and Technical Support

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Online Technical Requirements

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