ΠΕΡΙΓΡΑΦΗ

Cost of non-compliance will always outweigh the cost of compliance and for your Firm, not fully complying to the current AML Legislation, is not any longer an option. Your Firm has been definitely targeted in the past and your Firm will be definitely targeted in the future, by Criminals and Money Launderers, and the AML Legislation is very strict in both disciplinary and criminal sanctions, in cases that “You have known” or “Ought to have Known” of money laundering performed by your clients.

Complying to the AML legislation, is now all about professional judgement and professional scepticism; the times when it was sufficient having a copy of a passport, a copy of a utility bill and 5 ticked checklist boxes are long gone and will not get your company off the hook with the regulatory authorities if things go wrong.

The Anti-Money Laundering (AML) compliance, has become a critical milestone for the Regulatory Industry, and now more than ever, the Regulated Firms (Audit, Accounting, Fiduciary, Investment, Funds) are under heavy scrutiny and risking heavy sanctions from both the Regulatory Authorities in Cyprus and Globally.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

The aim of this course will be about offering a thorough understanding, for the junior staff up to the senior executive, of the current AML legislation for Regulated Firms and more importantly to offer practical solutions for an efficient and effective implementation.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Back-office Staff, Compliance Staff, Risk Management Staff, AML Staff
• Heads of Compliance Departments, Heads of Risk Management Departments, Heads of AML Departments
• Accountants, Lawyers, Other Professional Advisors
• Internal Auditors, External Auditors
• Executive Directors, Non-Executive Directors

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Trainer

Yiannis Pettemerides

Yiannis is a Compliance Advisor, Registered Auditor, Forensic Accountant and Insolvency Practitioner, with more than 20 years of experience in the Regulatory Industry and PwC London, PwC Cyprus and KT Cyprus, in the audit, consulting, forensic and regulatory compliance services of investment, insurance and banking companies.

Yiannis was engaged, for more than 2 years, as an External Technical Advisor, and leading the onsite inspection teams, of the AML/Supervision Department of the Cyprus Securities and Exchange Commission (CySEC). He is currently engaged, as an External Audit Contractor, for the performance of audit inspections for a number of Government Organisations, on behalf of the Audit Office of the Republic of Cyprus. He is also performing external training, in the fields of forensic accounting and economic crime investigations, for the Cyprus Police and also acting as a Lecturer, in the fields of Anti-Money Laundering Compliance, for Globaltraining/University of Nicosia.

Yiannis holds a Bachelor and a Master Degree in Accounting, Economics and Finance, a Fellowship and Practicing Audit Certificates from the Institute of Chartered Accountants in England and Wales (ICAEW) and a Membership and Practicing Audit Certificates from the Institute of Certified Public Accountants of Cyprus (ICPAC). He is also a member of the Institute of Internal Auditors (IIA), a member of the Association of Certified Fraud Examiners (ACFE) and a member of the International Compliance Association (ICA). He is also an approved trainer from the Human Resource Development Authority of Cyprus (HRDA).

Yiannis is currently the Chairman of the Economic Crime and Forensic Accounting Committee of the Institute of Certified Public Accountants of Cyprus (ICPAC), the Vice-Chairman of the Promotion of the Profession and Academic Relations Cyprus Committee of the Institute of Internal Auditors (IIA) and a Founding Member of the Cyprus #209 Chapter of the Association of Certified Fraud Examiners (ACFE).

Venue for InClass

Invictus Globaltraining Center

Kyriakou Matsi 5,

Mesa Geitonia Limassol