TORONTO, Nov. 2, 2015 (GLOBE NEWSWIRE) -- Having partnered with LOGiQ³ earlier this year, Advocis, The Financial Advisors Association of Canada, is pleased to announce that the Deposit Broker Anti-Money Laundering (AML) training course is now available on the Advocis Learning Centre. Advocis is the sole distributor of LOGiQ³'s Anti-Money Laundering training course and the Deposit Broker Annual Compliance Attestation (ACA). These are two of the three components of the A³ Solution for the Deposit Broker Distribution Channel developed by LOGiQ³ in an effort to increase compliance standards and reduce regulatory risk for Financial Institutions (FI).
As Deposit Brokers complete the AML training course they will also complete the ACA. Partnering FIs will receive reporting on their contracted brokers that complete the ACA and AML, notifying who has taken the course and the corresponding result. This is additional support in allowing them to meet the regulatory requirements in the client-name distribution channel to "know their broker." This includes sub-brokers and employees who sell deposit products. The AML training course is approved for Institute-accredited continuing education credits.
Advocis and LOGiQ³ are proudly committed to providing financial professionals with access to premier education.
Financial Institutions interested in the Corporate Partnership Program, please contact:
Peter Tzanetakis
Vice-President Government and Corporate Relations
Advocis, The Financial Advisors Association of Canada
416-342-9813
ptzanetakis@advocis.ca
Media inquiries please contact:
Darlene Francis
Director, Corporate Communications and Marketing
Advocis, The Financial Advisors Association of Canada
416-342-9896
dfrancis@advocis.ca
LOGiQ3 inquiries please contact:
Natalie Ho
Vice President, Sales & Marketing
LOGiQ3
647-427-4752
natalie.ho@logiq3.com
About Advocis
Advocis, The Financial Advisors Association of Canada, is the association of choice for financial advisors and planners. With more than 11,000 members in 40 chapters across the country, Advocis is the definitive voice of the profession, advocating for professionalism and consumer protection. Advocis works with decision-makers and the public, stressing the value of financial advice and working toward an environment in which all Canadians have access to the advice they need. Follow us on Twitter @advocis or visit www.advocis.ca.
About LOGiQ3
LOGiQ³ is the expert provider of life insurance and reinsurance consulting and outsourced services. LOGiQ³ delivers long-term strategic solutions and short-term tactical support across Underwriting, Reinsurance Administration, Claims and Audit. LOGiQ³ supports clients across the life insurance service chain from agent to retrocessionaire from its offices in Toronto, Canada, and Cardiff, U.K. Follow us on Twitter @logiq3 or visit www.logiq3.com.