ΠΕΡΙΓΡΑΦΗ

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

The aim of the course is to cover all the requirements set by the relevant legislation as well as the changes brought about by the implementation of the 5th EU Anti-Money Laundering Directive.

The course discusses the procedures which need to be in place for compliance for anti-money laundering and counter terrorism financing and analyses practical examples.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Executives/Officers of banks, Investment companies and Insurance companies
• Regulators
• Executives exercising control responsibilities on companies (e.g. internal/external auditors, auditors and operational risk managers)
• Lawyers, Accountants, Realtors and other professionals in related disciplines

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

The course will cover the following topics:

• Recognising the key stages in money laundering

• Recognising common techniques used by money launderers

• Examining the efficiency of international standards to combat money laundering and terrorism financing

• Understanding the 5th EU AML Directive and other relevant reporting obligations

• Identifying and dealing with suspicious transactions

• Understanding and applying the "Risk Based Approach"

• Applying “Know Your Customer” (KYC) and "Customer Due Diligence" (CDD) procedures to identify and manage key risk indicators within customer relationships

• Methods for detection of ID fraud

• How to profile and monitor expected relationship activity

• Analysis of case studies and red flag indicators

• How to perform AML risk assessment

Trainer

Theodoros Stavrou

Theodoros Stavrou was born in 1973. He studied Civil Engineering and he also got a degree in Management from the Henley Management College of London. He is also a holder of a Master in Business Administration (MBA). In his early ages of his career he worked as field civil engineer and he then joined the Cyprus Police. He worked as Police Investigator for minor and serious offences and in 2001 he joined MOKAS, the FIU of Cyprus as an Investigator on Money Laundering and Terrorist Financing cases.  Apart from his main duties as investigator and throughout the 17 years of Mr. Stavrou in MOKAS he was also the representative of Cyprus in different organisations like Europol, the MONEYVAL committee of the Council of Europe, FIU.net and others. He introduced in Cyprus FIU the automated system for the submission and analysis of suspicious transactions/activities reports being the project manager of the relevant project. This system is now being used by the FIU and all obliged entities in Cyprus. Since 2017 Mr. Stavrou is working in the banking Sector in Compliance Departments. He is now the Head of Compliance of Société Générale Bank – Cyprus and he is the person responsible for the AML/CFT/Sanctions and Regulatory compliance of the Bank.