CPH
®
Study Guide
Important Figures (Timelines, Fines, & Other Numbers)
Designed for use with the money-back-guaranteed
Online CPH
®
Practice Exams and Flash Cards
available at
www.SeeWhyLearning.com.
SeeWhy Financial Learning
2
IMPORTANT FIGURES
(TIMELINES, FINES, AND OTHER NUMBERS)
The CPH
®
exam is full of things to remember, including lots of numbers. These come in
the form of timelines, fines, coverage amounts, and other numbers that you will have to
know.
As you work through the course, we suggest that you take note of anything that is
expressed in dollars or time. To help you with this, we have gotten you started on a table
with some of these items. Fill out the chart with any additional items that you come
across as you study (or create a similar chart if you have access only to the online study
guide), and use it during review to help you prepare for your exam.
If there is anything that you feel we should include for everyone, feel free to send us an e-
mail at
seewhysupport@seewhylearning.com, and we will consider adding it to future
editions of the study guide.
Chapter
Item
Figure(s) to Remember
Additional Notes
1
PIPEDA violation
$10,000–$100,000 fine
2
Financial Service
Compensation Fund (AMF) Up to $100,000 protection
2
Politically exposed persons
(PEP)
Account must be approved by senior
management and source of funds
verified within 14 calendar days
2
Suspicious transactions
reported to FINTRAC
Within 30 calendar days
2
Failure to report suspicious
transactions
Up to $2,000,000 fine and/or $500,000
administrative monetary penalty
(AMP)
2
Wilful blindness
Up to 5 years imprisonment and/or
$2,000,000 fine
2
Consolidated report for
terrorist financing
Filed by the 14th day of the month,
even if "nil" (nothing to report)