http://www.newswire.ca/en/releases/archive/April2011/19/c5133.html

VANCOUVER, April 19 /CNW/ - The Canadian Anti-Money Laundering Institute (CAMLI) and Certified General Accountants Association of Canada (CGA-Canada) have partnered to give CGAs a fast-track to the CAMLI designation.

Under the agreement, CGAs can formalize their knowledge, understanding, and the application of compliance controls under Canada's Anti-Money Laundering and Terrorist Financing (AML/CTF) legislation.  CGAs can access CAMLI's various training programs and the CAMLI-Practicing Associate (CAMLI-PA) designation, which recognizes professionals who are qualified to ensure a reporting entity meets its legal responsibilities. 

"Currently, a combination of training, knowledge, and experience is used to assess the applicants for this professional designation," said Jennifer Wilson, CAMLI Registrar. "However, this professional partnership with CGA-Canada enables us, in recognition of the high professional standards required to attain the CGA designation, to waive the two years' experience in AML/CTF that is normally required to apply for the Practicing Associate designation."

"In recognizing the value of the CGA designation, CAMLI is offering CGAs an accelerated path for earning the Institute's credentials," said Anthony Ariganello, CGA-Canada's President and CEO. "This is great news for our members who want a more in-depth understanding of this highly complex field. It is yet another exciting education and training opportunity for CGAs."