CySEC AML Certification Examination Preparation Course
- Χρηματοοικ. Ασφαλιστικά Τραπεζικά - Νομοθεσία, Νομική & Δικηγόροι
19 Ιουν 2020 16:30 24 Ιουν 2020 21:00
Αγγλικά
16.00 ώρες ( 4 μέρες )
Παναγιώτης Νικολάου
ΠΕΡΙΓΡΑΦΗ
- The CySEC AML Certification Examination requires very good knowledge of the Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 2007-2019 (“the Law”), CySEC’s Directive for the Prevention and Suppression of Money Laundering and the Risk Factor Guidelines of the European Supervisory Authorities, among other things.Persons who pass the CySEC AML Certification Examination can be appointed as AML compliance officers at CySEC-regulated legal entities. Successful candidates will then be registered in the AML Compliance Officers Register.Why Professionals Choose the EIMF CySEC Preparation CourseIn addition to the most updated and concise material, those attending the EIMF CySEC AML Certification Examination preparation courses will greatly benefit from:
- A proven track record of highly successful CySEC Examination Preparation Courses
- In-depth expertise of those who deliver the course; the EIMF training team are industry experts with practical knowhow as well as experienced in the delivering exam preparation courses for CySEC Certifications
- Through our vast experience, our training team have designed a very well-structured course to assist participants to comprehend the knowledge and absorb the required knowledge of the syllabus topics as required for the examination
- The EIMF training team provide volunteer support to questions raised post-completion of the preparation courses
Target Audience of the EIMF CySEC AML Certification ExaminationThe exam is addressed to all individuals who are interested in being appointed as AML compliance officers at CySEC-regulated legal entities.Preparation MaterialAll participants will receive the EIMF preparation booklets that include the presentation notes, glossary of all major terms and revision questions with answers and references.Course Content and ExaminationsThe assessment structure of the CySEC AML Certification Examination is a 60-minute examination consisting of 40 multiple choice questions and covers the following elements:Chapter 1: Introductory ProvisionsReferences used in the manualThe Cyprus Securities & Exchange CommissionBecoming an AML certified compliance officerThe objectives of the CySEC AML CertificationWorkbook for the AML Certification ExaminationChapter 2: Understanding Money Laundering, Terrorist Financing and SanctionsWhat is Money Laundering (ML)?The 3 (three) stages of MLML threats and vulnerabilities in accordance with the NRA and methods of MLTerrorist Financing (TF) and TF CriminalizationSanctionsChapter 3: Legal and Regulatory RequirementsUnit for Combating Money LaunderingThe Supervisory AuthorityMain provisions of the AML/CFT Law with regard to criminal liability, offences and penaltiesEuropean DirectivesFATFHigh Risk Third CountriesMONEYVALThe Combating of Terrorism Law of 2010 (N. 110(I)/2010) on the Fight against TerrorismThe United Nations Security Council Resolutions and Decisions (Sanctions) and the Council of the European Union (Restrictive Measures) Law of 2016 (58(I)/2016)Chapter 4: The AML Compliance CultureBasic elements of a strong compliance cultureInternal Policies, Controls and ProceduresThe Role of the BoDThe role and duties of the Compliance Officer, the Alternate Compliance Officer and AssistantsThe establishment and role of an Internal Audit functionEmployees obligations, education and trainingChapter 5: Assessing and Managing RisksRisk-Based Approach (RBA)Identifying ML and TF risksFactors to determine risksAssessing ML/TF RisksOn-going monitoring of the risk assessment and record keepingChapter 6: Know your Customer (KYC) and Customer Due Diligence (CDD)Procedures for the prevention of ML and TFCustomer Identification and Due Diligence proceduresSimplified Customer Due Diligence (SDD)Enhanced Customer Due Diligence (EDD)Sectoral guidelines for application of Customer Due Diligence measuresOngoing MonitoringBeneficial Ownership informationReliance on third partiesCDD in case of networking of Obliged Entities or groupsProhibition of cooperation with shell banksProcessing of personal dataChapter 7: Transaction Monitoring and Suspicious ReportingInternal reporting procedures and external reporting to the UnitExamples of suspicious transactions and activities related to ML and TFCPD RecognitionThis programme may be approved for up to 16 CPD units in AML and Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.Professionals requiring CPD units to meet the education requirements for CySEC licence renewal, and/or for maintaining other professional memberships/certifications which accept CPD in AML and Financial Regulation, are advised to consider training subjects in categories that indicate CPD training in AML and CPD training in Financial Regulation.The Association of Anti-Money Laundering Specialists (ACAMS) has confirmed that this programme is accredited for 16 CAMS Credits. Participation in this course does not substitute the requirement to earn (12) ACAMS credits through ACAMS produced training for CAMS recertification.Registration and Re-registration Procedure for Examinations and RegistryIn order to register for the CySEC examinations, prospective candidates are required to complete the online CySEC application . After registering, an automatic payment receipt will be sent to the candidates. In the event that a candidate wishes to make any changes to their exam application or cancel their participation in the exam, they may do so only eight (8) working days prior to the exam date and after paying the relevant fee. Successful candidates may register in the AML compliance officers register within four (4) weeks of receiving the relevant email notification by CySEC.In case candidates fail the exam, they are obliged to apply to take the next examination in a period of twelve (12) months. The twelve-month period starts from the initial start date of the examination. In case an individual fails the exam in the twelve month-period, then their appointment as AML compliance officer shall not resume until they have managed to pass the exam.In case you have any queries regarding the examinations, you are kindly requested to forward them to the following email: certifications@cysec.gov.cy.Examination DatesThe exams will be held every Tuesday and Thursday in Nicosia, Cyprus.Examination FeesThe examination fee is €300.00 and is payable directly to CySEC upon registration to the exam.CPD Educational Requirements and Annual Renewal FeeTo maintain registration in the CySEC public register for AML Compliance Officers, successful holders of the CySEC AML Certification Licence need to take 10 hours of related CPD training for each calendar year and pay to the Commission an annual renewal fee of €80.For further information about the CySEC Examinations, please visit https://www.cysec.gov.cy/en-GB/public-info/certifications-and-seminars/certifications/TrainerAnna StylianouAnna Stylianou has extensive in-depth experience of the entire banking and the broader financial industry in Cyprus. Having worked for many years with financial institutions, either as an employee or an independent advisor, Anna, has gained a thorough understanding of all banking procedures including AML and payments. Also, she has been actively involved in regulatory compliance, risk management, corporate governance, strategic planning and financial reporting/analysis. She is currently the COO and an executive member of the board of an EMI licensed by Central Bank of Cyprus ensuring compliance with PSD2 requirements. Also, she is a non-executive director in an investment firm supervised by Cysec providing advice to professionals in executive and non-executive positions. Furthermore, Anna has extensively worked with reputable lawyers in the legal industry and acted as an independent trusted advisor for cases and projects in the areas of her expertise. Anna holds a BSc (Hons) in Retail Financial Services (ALIBF) from The London Institute of Banking and Finance, a holder of the Cysec's Advanced Certificate and she is a certified Trainer by the Human Resource Development Authority (HRDA).
ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ
Panagiotis Nikolaou
Panagiotis Nikolaou is a professional with many years’ experience in the Financial Services Sector in general and in the world of Investment Firms in particular. He has worked in CIFs in various positions, including that of the General Manager, Risk Manager, Executive Director, as well as on the front line as Head of Dealing and Brokerage Departments. He currently leads AFXAnts with offices in Nicosia, Athens and Durban. Panagiotis is a full member of Chartered Institute of Securities and Investments (MCSI) and the Society of Technical Analysts (MSTA). He holds CySEC’s Advanced Certification, he is an approved Trainer by the HRDA, and was nominated and sponsored by KPMG and Barclays Bank in 2015 to join “Future Leaders” executive seminar
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Για Δικαιούχους ΑνΑΔ
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Κοστολογικές Πληροφορίες
Reduced Fee for Individuals: €390 + VAT
ΠΡΟΓΡΑΜΜΑ ΣΕΜΙΝΑΡΙΟΥ
Παρασκευή - 19 Ιουν 2020
Ώρα
16:30 - 21:00
ΕΚΠΑΙΔΕΥΤΗΣ:
Παναγιώτης ΝικολάουΤοποθεσία:
EIMF (Λευκωσία)
Δευτέρα - 22 Ιουν 2020
Ώρα
16:30 - 21:00
ΕΚΠΑΙΔΕΥΤΗΣ:
Παναγιώτης ΝικολάουΤοποθεσία:
EIMF (Λευκωσία)
Τρίτη - 23 Ιουν 2020
Ώρα
16:30 - 21:00
ΕΚΠΑΙΔΕΥΤΗΣ:
Παναγιώτης ΝικολάουΤοποθεσία:
EIMF (Λευκωσία)
Τετάρτη - 24 Ιουν 2020
Ώρα
16:30 - 21:00
ΕΚΠΑΙΔΕΥΤΗΣ:
Παναγιώτης ΝικολάουΤοποθεσία:
EIMF (Λευκωσία)