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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)