Code of Conduct
The Anti-Money Laundering and Financial Crimes Institute LLC (the AMLFC Institute) offers the opportunity to earn certifications in the field of Anti-Money Laundering (AML) / Countering the Financing of Terrorism (CFT) / Financial Crimes Prevention (FCP). The Institute also conducts academic research and other activities for the purpose of advancing knowledge in the field(s) of AML/CFT/FCP.
The AMLFC Institute has partnered with a global network of universities promoting quality education and high standards of ethics. Its global certification organization produces a wider pool of knowledgeable workers and is recognized internationally. The AMLFC institute curriculum delivers individuals to the marketplace with practical knowledge of the AML/CFT/FCP field, competent for work in the private sector, regulatory agencies, enforcement agencies and governments. The organization is registered in the State of Florida, USA.
This Code of Professional Conduct is a statement of The Anti-Money Laundering and Financial Crimes (AMLFC) Institute. It is an expressed commitment to integrity and the highest ethical standards in all that we do. The Code defines the standards of conduct that we expect from all of our members and professionals. All professionals with an AML/CFT designation are required to earn professional educational credits through training, education and other professional development activities. This ensures that our designated members maintain and update their AML/ CFT knowledge, practice, expertise and adherence to the highest ethical standards.
The AMLFC Institute adopts AML industry principles which outline the role that practitioners and financial institutions can and should play in preventing money laundering and the financing of terrorism. AMLFC Institute Code of Professional Conduct articulates a shared view of the organizations ideals and behaviors to combat money laundering, terrorist financing and other crimes. The Code of Professional Conduct also outlines a systematic approach to decision making, in situations, where members require due process to ensure that AMLFC members and potential members maintained and upheld the integrity, ideals, and values of the AMLFC Institute.
Our hope is that this Code of Professional Conduct will be used methodically by members to ethically build upon, and professionally advance, the AMLFC Institute mission of countering money laundering and the financing of terror.
STRUCTURE OF THE CODE
The Code of Professional Conduct is divided into sections that contain standards which are aligned with the core values that were identified as most important to the Anti-Money Laundering and Financial Crimes community. The four (4) values are as follows:
Each member of the AMLFC Institute has an obligation under this code:
This Code forms part of the terms and conditions of your membership to maintain and enhance the integrity of anti-money laundering professionals and by extension your association with the AMLFC Institute. It governs your activities and covers certain continuing obligations. Upon membership, you are required to acknowledge that you have read, understand, are in compliance with, and agree to abide by this Code. This Code and its provisions shall apply to all third parties of interest, students, and members of the AMLFC even if acknowledgment delayed.
(Recommending that this code has a membership digital signature option)
This Code should be considered within the context of applicable AMLFC by-laws, policies, guidelines, and regulations in the Anti-Money Laundering and Countering Financial Terrorism Profession. All third parties with interest and all levels of membership must adhere to the Institute’s standards; in addition, members must maintain professional conduct with clients and all fellow members of the institute and the global AML/ CFT industry.
Violations of this Code will be brought to the attention of the Board of Regents (BOR) or Committee established by the BOR via resolution where there is an appropriate quorum of BOR members present.
Persons to whom the Code applies:
The Code of Professional Conduct applies to current and prospective members of the AMLFC Institute. In addition to AMLFC members, this code is applicable to non-member “third parties with interest” in the AMLFC who meet one or more of the following criteria:
- 1. Non-members who apply to commence a AMLFC certification process;
- 2. Non-members who serve in leadership or volunteer capacity;
- 3. Educators who may be affiliated with the AMLFC Institute;
- 4. Students who are currently enrolled in a program with a Partner University.
- 5. Active Associate members
- 6. Vendors, Affiliates, Advisors, Partner Universities etc.
The legitimacy of the AMLFC Institutes program rests on all members ensuring all relationships they enter into are based on ethical accountability, responsibility, and trust so that any relevant parties have common understanding as to expectations and consequences.
The legitimacy of the AMLFC Institutes programs and certifications rests on all members & third parties with interest, agreeing to protect and maintain the integrity of the testing process while pledging to adhere to the highest ethical standards during the administration and execution of the examination process. Members, potential members, and other third parties with interest found to be in breach of this process may be immediately barred from the Institute and its administered programs or conferences by any of the AMLFC Institute’s Officers. All members, potential members, or third parties of interest accused or ethical lapses and/or violations of AMLFC Institute guidelines, policies, by-laws, or widely accepted industry norms or regulations, will be afforded due process per the policy & guidelines adopted by the AMLFC Institute Leadership, the BOR, or the designated BOR sub-committee. Every member, potential member, and third party with interest in the AMLFC Institute agrees to be subject to the following terms and conditions in regards to AMLFC Certification Exams:
All AMLFC Certification examinations are considered confidential and protected by law. AMLFC potential members (students), university partners, members, and third parties with interest are expressly prohibited from disclosing, publishing, reproducing, or transmitting this exam, in whole or in part; in any form or by any means; whether auditory, pictorially, verbally, or written, electronically or mechanically, for any purpose, without the prior express written permission of The Anti-Money Laundering & Financial Crimes Institute’s (The AMLFC) Management.
In the event of any actual or related breach of the above, it is acknowledged by all that The AMLFC will incur significant and irreparable damage for every such breach; The AMLFC has no adequate remedy at law for every breach. Thereby, it is acknowledged that any breach may result in expulsion, certifications being revoked, disqualification as a candidate for future exams, and civil legal action. If you become aware of a cheating incident, it is understood that his must be reported to the AMLFC. The AMLFC Institute is committed to preserving the integrity of its certifications and its code of conduct will provide a resolution to any reported violation of policy or guidelines with the strictest confidentiality.
Overall, the AMLFC Code of Professional Conduct requires all AMLFC members to make reference to its provisions for actions or decisions relevant to the member’s professional or reputational standing; it further serves as notice of the AMLFC Institutes expectation of a responsibility by members for all actions or decisions and any subsequent consequences which may be considered by the AMLFC BOR.
COMPLIANCE WITH AMLFC INSTITUTE POLICIES, GUIDELINES, AND BY-LAWS
An AMLFC active member should accept only those assignments that are in alignment with the relevant AML/CFT policies, laws, rules and regulations that govern our work. Members who fail to do so will be subject to disciplinary action if the actions of such member are determined to have contravened AMLFC Policies. As practitioners and representatives of our profession, a member/non-member must not condone or assist others in engaging in illegal behavior, illegal or unethical conduct must be reported to the Board of Regents for a resolution. A conduct review will result through one or more of the following:
- 1. Repeated intimidation or harassment of AMLFC members or staff through threats or other means; including, but not limited to, reporting a breach of the Membership Standards by another AMLFC member without having a reasonable factual and good faith basis for doing so.
- 2. Intentional misrepresentation of AMLFC membership qualifications or credentials and presenting information known as false and with the intent of obtaining employment.
- 3.Members or potential members employing false oral or written accounts or uncorroborated claims, in the context of the anti-money laundering/ countering financial crimes profession, which may cause damage, to the reputation of the organization or constituent’s of the AMLFC Institute.
- 4. Use of AMLFC intellectual property, to include AMLFC’ name, logo, other trademarks or service marks, copyrighted information, or membership listings, without the required authorization of AMLFC Institute management.
- 5. Not adhering to AMLFC or Industry Policies, Guidelines and By-laws.
The Board of Regents (BOR) or its designated Committee is responsible for ensuring that the Code adequately provides guidance and enforces standards for the ethical conduct of all members of the AMLFC Institute. Therefore, the BOR has adopted the following approach in addressing, complaints and violations of the AMLFC guidelines as stipulated.
POTENTIALLY ACTIONABLE COMPLAINTS PROCESS
- 1. All complaints issued by any member or third party with interest must be in writing to the Board of Regents (BOR) which will regard all complaints with the highest confidentiality .
- 2. All member related complaints will be reviewed and addressed within thirty (30) days, whereas, the BOR will review and provide a written response to address all applicable concerns raised and determined whether further investigation has been authorized.
- 3. The BOR shall at its discretion investigate available circumstantial evidence to corroborate the information from each complaint involving a contended ethical violation within a potentially actionable complaint.
- 4. If the BOR determines that a violation has not occurred, the complaint shall be dismissed with written notice to the affected member, as well as to the member or third party of interest who submitted.
- 5. In the case of a legal proceeding initiated as a result of AMLC’s administration of its policies; the member shall bear their own costs and may be subject to reimbursement of AMLFC’s cost in cases where a legal petition is filed by the member in regards to AMLFC Institutes process or decisions based on the guidelines herein.
If a member who is the subject of a complaint voluntarily resigns (in writing) his or her membership in AMLFC INSTITUTE at any time during the pendency of a potentially actionable complainant; under the procedures herein, the complaint shall be dismissed with notice to known interested parties. The member’s record shall be sealed except for AMLFC Institute use, cases deemed actionable by outside legal counsel, or instances requiring the notification of law enforcement or regulatory bodies. A member who resigns his/her AMLFC membership during the pendency of a potentially actionable complaint may not apply for membership in the AMLFC INSTITUTE for a period of five years from the effective date of the resignation.
MEMBERSHIP IN THE EVENT OF CONVICTION OR REGULATORY SANCTION
If a member has been found by a recognized court to have committed a felony or has been sanctioned by a regulatory or governing body, the BOR retains the right to independently review that member’s status. Members with felony conviction not granted exception to this section of the code of conduct shall be (in the case of the member) expelled from AMLFC membership or (in the case of the applicant) denied membership. In both instances, the individual retains the right to reapply for membership after a reasonable passage of time or file an appeal for a pardon by AMLFC Institute’s Management. The judgment regarding re-entry will be determined by the BOR of the AMLFC Institute or its sub-committee designate.
SANCTIONS IN THE EVENT A CODE VIOLATION IS FOUND TO BE SUBSTANTIATED
Upon determining there is a violation of the Code of Conduct, By-laws, or Guidelines of the AMLFC Institute, the BOR shall review and make recommendations based upon the facts admitted to the record of a complaint. Recommendations Include:
- 1. Written Reprimand- Written warning that members actions are not in accordance with the AMLFC Institute’s expectation of acceptable or ethical conduct per its guidelines, by-laws or code of conduct.
- 2. Professional Service Hours with Mandatory CPE Completion – Requirement to complete services and tasks under the supervision of the AMLFC Institute or its designee which improve the AML profession; sanction will include completing mandatory CPEs that will not count toward recertification and lead to suspension if not completed timely.
- 3. Suspension - Written sanction of the member by the AMLFC INSTITUTE with a designated period of time where the member may not use the Institutes designation (may be conditionally combined with a probationary period, if desired).
- 4. Permanent Suspension - Permanent Revocation of certification & membership in the AMLFC INSTITUTE as to require re-application for membership and the retaking of the course upon a significant passage of time.
Pardon – Upon a reasonable passage of time from the BOR’s implementation of sanctions; a former or sanctioned member of the AMLFC Institute may choose to file a request for pardon in writing. The BOR will be under no obligation to consider such written requests but may determine, with discretion as granted by the bylaws of the BOR, that the sanctioned member in violation of the Code can be offered the opportunity too: submit a written acknowledgment of past violations, assure the BOR that the sanctioned conduct has ceased and commit that no future code of conduct violation will occur. Approval of the pardon will be at the discretion of the BOR or its designated sub-committee; while application for approval to recertify and hold the Institute’s designation will require the approval of AMLFC Institute Leadership.
It shall be considered a violation of the AMLFC Institute’ Code of Conduct if it is found that a member or third party with interest, participates in an event motivated by prejudice toward a person or group because of factors such as national origin, race, ethnicity, sexual orientation, religion, disability, age, gender, marital status, or any group/class protected by state or federal law which may result in stronger sanctions than noted herein.
All member’s or third party’s with interest must disclose personal or business conflict of interests with matter’s under review; further, they must abstain from discussions or votes on issues relevant to aforementioned disclosed or known conflicts.
The AMLFC Institute seeks not only to provide excellence in the services we provide to our members, but also seeks to ensure the services our members provide to their respective clients and employers remain consistent with its policies. The AMLFC Institute upholds that all parties, through practicing responsibility, integrity and compliance to the relevant internal & external policies, guidelines, jurisdiction laws, and regulations will promote excellence in the AML/ CFT Industry.
This Code of Conduct and its applicable guidelines may be reviewed periodically to ensure continued compliance with the Institutes excellence goal.
Terms & Conditions
SERVICE AND REMOTE SOFTWARE LICENSE AGREEMENT
THIS SERVICE AND REMOTE SOFTWARE LICENSE AGREEMENT (“Agreement”) is entered into on the date you start using this service and is by and between the ANTI-MONEY LAUNDERING AND FINANCIAL CRIMES INSTITUTE LLC (“AMLFC Institute”) a State of Florida registered Limited Liability Company and you the user, as well as any corporation you represent (“Client”); each individually a “Party” and together “Parties”.
WHEREAS, AMLFC Institute owns proprietary content and has the authority to license a remote access software application for the purpose of conducting education programs and disseminate information on the topics of anti-money laundering, countering the financing of terrorism & financial crimes prevention and the Client wish to license the AMLFC Institute content and software under the terms and conditions set forth in this Agreement,
NOW THEREFORE, in consideration of the forgoing recitals, and for other good and valuable consideration, the receipt and adequacy of which are acknowledged, and intending to be bound, the Parties hereby agree as follows:
1.1. “AMLFC Institute Software” means the most recent, generally available version and release of the AMLFC Institute application for the purpose of teaching on the topics of anti-money laundering, countering the financing of terrorism & financial crimes prevention and any user guides and any other documentation, homework, quiz and assessment.
1.2. “Content” means all text, images, likenesses, audio, video or other perceptible materials, in any form or format, used or useful in the creation of digital content, digital pages, or templates for the foregoing.
1.3. “Service” or “Services” means the services described in this Agreement. The Services shall include providing the Client, via the Internet, access to and use of the AMLFC Institute Software and Content hosted on a AMLFC Institute server either paid for, on trial or on a fee basis.
2. LICENSE AND SERVICES
2.1. AMLFC Institute grants to the Client a non-exclusive license to use the Services as set forth in this Agreement.
2.2. AMLFC Institute agrees to provide the Services in accordance with this Agreement. AMLFC Institute agrees that it shall (a) make the Services available twenty-four hours a day, seven days per week, except for regularly scheduled downtime of which the Client have advance written notice; and (b) to take all commercially reasonable precautions to prevent security breaches, denial-of-service attacks, and virus infection on its servers from access, use or interruption by unauthorized persons. AMLFC Institute shall provide the Services in accordance with all applicable local, state, national and international laws and regulations. AMLFC Institute shall promptly correct any failures of the Services to operate correctly and in accordance with the Documentation which are reported to AMLFC Institute by the Client.
2.3. AMLFC Institute warrants and represents that the AMLFC Institute Software allows the Client to access content related to the topics of anti-money laundering, countering the financing of terrorism & financial crimes prevention from the most recent version of a web browser able to read a HTML file accessed via the internet on an end user’s computer, a smart phone or a tablet. The access to Content depends on the fee paid to the AMLFC Institute and a series of criteria described on the website of the AMLFC Institute. Clients shall enroll as “Members”. Membership is segmented in various categories of members. Each category includes a specific set of privilege describe on the website. Students which meets admission criteria may enroll to specific courses or programs including but not limited to Professional Certificate, Bachelor’s Minor or Major, Master or Doctorate; Students completing with success any educational program may register as a Certified Professional Member; Selected teachers may enroll to the Teacher Induction Programs or as Teacher Members; Invited advisors to the AMLFC Institute may enroll as Advisors; Universities with MOU with the AMLFC Institute may enroll as Partner University. Other type of memberships may be created as needed by the AMLFC Institute. Membership does NOT grant any type of ownership and does NOT grant any voting power to the AMLFC Institute Annual Meeting.
2.4. AMLFC Institute shall provide a Help page providing instructions pertaining to operating the Services. Upon request, additional support may be provided on a first come, first served basis.
3. LICENSE FEES FOR THE SERVICE AND AMLFC INSTITUTE SOFTWARE
3.1. Upon signing up the Client agrees to pay the AMLFC Institute dues in advance and in accordance with service (membership) plan selected. Some fees are due per semester, trimester or yearly. Additional dues may be required yearly to maintain service and membership active. Fee may vary according to subsequent modifications of membership level consequent to an upgrade or downgrade of Services. The fee recurs on anniversary of initial Sign-up date and is billed in accordance to duration and rate of active membership plan selected by Client. When a plan is abandoned, canceled or downgraded during a billing cycle, the fee is NONE refundable. In the case of an upgrade, Client is charged a prorated fee adjusted to number of days under previous Plan plus the remaining period at current Plan fee. Client authorizes AMLFC Institute to debit Client credit or debit card at prescribe frequency on the Sign-up anniversary date of this agreement for upcoming Services fee. If Client pays fee by check or wire transfer AMLFC Institute activates Client account only upon AMLFC Institute banking institution confirms the payment. The selected Plan fee includes all licenses and services fee, and the right to receive all updates and enhancements to the AMLFC Institute Software and Content free of charge for the duration of this Agreement.
3.3. The selected Plan fee allows for one user only per credential (user name and password). Credential cannot not be shared or used by any other person than the individual named on the registration form.
4. INTELLECTUAL PROPERTY RIGHTS
4.1. As between the Client and AMLFC Institute, the Client Content shall be and remain the sole and exclusive property of the Client, including, without limitation, all worldwide copyrights, trademarks, patents, trade secrets, and any other proprietary rights. Nothing in this Agreement shall be construed to grant AMLFC Institute any ownership right in, or license to, the Client Content, except as solely for use in connection with Services and solely for the Client.
4.2. Subject to the Client’ ownership of Client Content, all materials, including, but not limited to, any course content printed or digital, any website content, any video or audio file, any graphic or file, any computer software (in object code and source code form), script, programming code, data or information provided by AMLFC Institute or its suppliers under this Agreement, and any trade secrets, know-how, methodologies and processes related to AMLFC Institute’s products or services, shall remain the sole and exclusive property of AMLFC Institute or its suppliers, including without limitation, all copyrights, trademarks, patents, database rights, trade secrets, and any other proprietary rights inherent therein and appurtenant to (collectively “AMLFC Institute Materials”). To the extent, if any, that ownership of AMLFC Institute Materials does not automatically vest in AMLFC Institute by virtue of this Agreement or otherwise, Client hereby transfers and assigns to AMLFC Institute all rights, title and interest which Client may have in and to AMLFC Institute Materials. The Client acknowledge and agree that AMLFC Institute is in the business of providing information and education programs on the topics of anti-money laundering, countering the financing of terrorism & financial crimes prevention and that AMLFC Institute shall have the right to provide third parties services which are the same or similar to the services provided to the Client, and to use or otherwise exploit any AMLFC Institute Materials in providing such services.
4.3. Client is prohibited from providing access to AMLFC Institute Software and Content to any third party without written authorization from AMLFC Institute. Client, its’ employees / agents / subcontractors are prohibited from reverse engineering, decompiling, disassembling, or otherwise attempt to derive the source code and any data or information of AMLFC Institute Software and Content; or otherwise use or copy the AMLFC Institute Software and Content. Client shall notify its employees / agents / subcontractors of their obligations with respect to the Intellectual Property Rights of AMLFC Institute and shall require its employees / agents / subcontractors to comply with these obligations. The obligations of Client and its employees shall survive the expiration or termination of this Agreement.
4.4. AMLFC Institute hereby grants to the Client a non-exclusive and limited license solely to make use of AMLFC Institute Content which are incorporated into it’s website or printouts for the exclusive purpose of informing or educating the Client. All other use are prohibited.
4.5. Each Party agrees that during the course of this Agreement, information that is confidential or proprietary may be disclosed to the other Party, including, but not limited to course content, reports, software, technical processes and formulas, source codes, product designs, sales, cost and other unpublished financial information, product and business plans, advertising revenues, usage rates, advertising relationships, projections, marketing data and customers name (“Confidential Information”). Confidential Information shall not include information that the receiving Party can demonstrate (a) is, as of the time of its disclosure, or thereafter becomes part of the public domain through a source other than the receiving Party, (b) was known to the receiving Party as of the time of its disclosure, (c) is independently developed by the receiving Party, or (d) is subsequently learned from a third party not under a confidentiality obligation to the providing Party. Except as provided for in this Agreement, each Party shall not make any disclosure of the Confidential Information to anyone other than its employees / agents / subcontractors who have a need to know in connection with this Agreement. Each Party shall notify its employees / agents / subcontractors of their confidentiality obligations with respect to the Confidential Information and shall require its employees / agents / subcontractors to comply with these obligations. The confidentiality obligations of each Party and its employees shall survive the expiration or termination of this Agreement.
5. AMLFC INSTITUTE REPRESENTATIONS AND WARRANTIES
5.1. AMLFC Institute warrants:
(a) That the AMLFC Institute Software do not and will not violate any agreement to which AMLFC Institute is or was a party and shall not violate or infringe any third party intellectual property or other rights;
(b) that it shall conduct its business and all activities under this Agreement in compliance with all applicable laws and regulations, and that it shall not violate, infringe or misappropriate the intellectual property or other rights of any third party;
(c) that the Services and its fulfillment of its obligations under this Agreement shall be rendered with promptness and diligence and shall be executed in a workmanlike manner, in accordance with high professional standards;
(d) that the website shall operate in accordance with its visual and internal programming, and shall be free of programming errors, viruses or other disabling code; and
5.2. AMLFC INSTITUTE DOES NOT WARRANT THAT IT’S CONTENT IS COMPLETE OR FREE OF INACCURACY. AMLFC INSTITUTE COMPILES INFORMATION FROM VARIOUS SOURCES, OCCASIONALLY THE INFORMATION GATHERED CANNOT BE CORROBORATED. DUE TO THE NATURE AND SCOPE OF THE TYPE OF INFORMATION GATHERED, AMLFC INSTITUTE INFORMATION GATHERING EFFORT IS ONGOING. TO MAINTAIN TRANSPARENCY WITH CLIENT AMLFC INSTITUTE REGULARLY PROVIDES UPDATES AND NEWS PERTAINING TO UPDATES. CLIENT IS INVITED TO CONTRIBUTE BY GROWING THE INFORMATION GATHERED OR BY IMPROVING IT’S ACCURACY. CLIENT MAY SUBMIT NEW INFORMATION USING “CONTACT US” PAGE FORM.
5.3 THE FOREGOING WARRANTIES BY AMLFC INSTITUTE ARE IN LIEU OF ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
6.1. AMLFC Institute may terminate at any time this Agreement upon notice to Client. Upon such termination AMLFC Institute will refund Client any unused portion of anticipated payment.
7. SERVICE LEVEL
7.1. As described above, AMLFC Institute shall make the Services available to the Client on a twenty-four (24) hours per day, seven (7) days per week basis, excluding scheduled downtime (the “Service Level”). If AMLFC Institute fails to meet the Service Level, AMLFC Institute shall (a) investigate on the causes of the problem; (b) minimize the impact of and correct the problem; and (c) take appropriate preventive measures so that the problem does not recur.
8.1. Each Party (“the Indemnifying Party”) hereby agrees to defend, indemnify, save and hold harmless the other Party (“the Indemnified Party”), and its subsidiaries, affiliates, related entities, partners, agents, officers, directors, and each of them, from any and all threatened or actual third party claims, losses, damages, settlements, judgments, liabilities, costs, and expenses (including, but not limited to, the reasonable fees of attorneys, consultants and expert witnesses and all related costs and expenses) incurred by the Indemnified Party arising from (a) any act or omission by the Indemnifying Party or any of its officers, directors, employees, or agents or the conduct of the Indemnifying Party’s business that violates the rights of any third parties; and/or (b) the inaccuracy or breach of any of the covenants, representations and warranties made by the Indemnifying Party in this Agreement.
8.2. Each Party shall give the other prompt written notice of any action, suit, claim or the like and shall cooperate in the defense of such claim. No suit, action or claim to which an indemnification obligation applies may be settled without prior written approval of the other Party. As the Parties intend complete indemnification, the reasonable attorneys’ fees and costs of any proceeding to enforce this Section 10 also shall be reimbursed in full.
9.1. EXCEPT FOR LIABILITY UNDER A CLAIM SUBJECT TO INDEMNIFICATION HEREUNDER, IN NO EVENT SHALL EITHER PARTY’S AGGREGATE LIABILITY FOR DIRECT DAMAGES UNDER THIS AGREEMENT EXCEED THE AMOUNT PAID IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT TRIGGERING SUCH LIABILITY.
9.2. IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL OR PUNITIVE DAMAGES, INCLUDING, WITHOUT LIMITATION, LOST PROFITS OR REVENUE, OR LOSS OF GOODWILL, REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE OR NOT, AND REGARDLESS OF WHETHER SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OR CERTAINTY OF SUCH DAMAGES.
9.3. AMLFC Institute shall remain responsible for obligations, services and functions performed by its subcontractors to the same extent as if such obligations, services and functions were performed by AMLFC Institute employees and for purposes of this Agreement such work shall be deemed work performed by AMLFC Institute.
9.4. This Agreement shall be construed and interpreted in accordance with the laws of the State of Florida, without reference to its conflicts of law rules. The Parties further agree that the state and federal courts located within the State of Florida shall be the exclusive venue, forum and jurisdiction for the resolution of all disputes between the Parties. Both Parties irrevocably submit to exclusive venue and exclusive personal jurisdiction in the federal and state courts in Florida for any dispute arising under this Agreement and waive all objections to jurisdiction and venue of such courts.
9.5. This Agreement shall be binding on, and shall inure to the benefit of, the Parties hereto and their successors and permitted assigns.
9.6. AMLFC Institute may assign this Agreement to any existing or future affiliate of AMLFC Institute or to any affiliate of any shareholder of AMLFC Institute, whose business would then include the operation AMLFC Institute.
9.7. All notices to be given under this Agreement shall be given in writing by email, to AMLFC Institute at admin(at) AMLFC(dot)institute or via the Contact page form at http://MLFC.Institute, to Client at email address provided by Client for billing. Notices shall be deemed delivered upon delivery. AMLFC Institute may, from time to time, designate by written notice any other address or Party to which copies of such notice of communication shall be sent.
9.8. This Agreement and its schedules and exhibits, if any, constitutes the entire agreement and understanding between the Parties. AMLFC Institute reserves the right to change this Agreement as well as the terms, conditions, and notices under which Services are offered. None of the provisions of this Agreement can be waived or modified except expressly in writing and there are no representations, promises, agreements, warranties, covenants, or undertakings other than those contained herein.
IN WITNESS WHEREOF, the Client and AMLFC Institute have each caused this agreement and is deemed agreed upon, signed and delivered by its duly authorized representatives, all as of the date Client start using Services.
We track aggregated log-in data for statistical purpose, this information is shared with our university partners. We also track individual log-in data for academic purpose. This means we are ensuring you are participating in the education programs to which you are registered, this information is shared with your teachers and university. We share with your teachers and university any homework, quiz, assessment you submit via this site as well as diploma obtained or other achievement with the AMLFC institute.
We monitor personal profiles of our membership directory as well as communications on the groups and forums we manage. We encourage diversity of opinion but expect courteous exchange at all time. No advertisement is allowed on the personal profile, groups or forums unless the AMLFC Institute has provided you with written permission. You may disclose your employer name on your profile and on the footer of your signature. You may also share your contact information. Your contact information may include in one sentence a description of your activities. We reserve the right to terminate access without prior notice if in our sole opinion judge communications violate these rules.
We collect our members email address. These email address are shared with the University you are registered with and the founding organization of the AMLFC Institute. We do not sell or give away your email address to additional third parties, nor do our partners or founders. You can always unsubscribe from our list and we will promptly remove your name.
If you feel we have violated your privacy please notify us promptly so we may take measure to rectify any issue.
2.1 This document was created using a template from SEQ Legal (https://www.seqlegal.com).
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8. Deleting cookies
8.1 You can delete cookies already stored on your computer; for example:
(a) in Internet Explorer (version 11), you must manually delete cookie files (you can find instructions for doing so at https://windows.microsoft.com/en-gb/internet-explorer/delete-manage-cookies#ie=ie-11);
(b) in Firefox (version 36), you can delete cookies by clicking "Tools", "Options" and "Privacy", then selecting "Use custom settings for history" from the drop-down menu, clicking "Show Cookies", and then clicking "Remove All Cookies"; and
(c) in Chrome (version 41), you can delete all cookies by accessing the "Customise and control" menu, and clicking "Settings", "Show advanced settings" and "Clear browsing data", and then selecting "Cookies and other site and plug-in data" before clicking "Clear browsing data".
8.2 Deleting cookies will have a negative impact on the usability of many websites.
9. Cookie preferences
10. Our details
10.1 This website is owned and operated by the Anti-Money Laundering and Financial Crimes Institute LLC.
10.2 We are registered in the State Florida, USA under registration number L15000179652, and our registered office is at 150 SE 2nd Ave, Suite 300, Miami, FL 33131 USA.
10.3 You can contact us by writing to the business address given above, by using our website contact form or by telephone on 305.407.2713.
12. Right to Modify
12.1 We reserve the right to amend this cookies policy at any time without further notice.