ΠΕΡΙΓΡΑΦΗ

AML regulations and legislations are continuously evolving. Especially, in the era of virtual assets the need for the development of guidance and regulations as to how professionals can protect their business from unknowingly getting involved in Money Laundering is becoming critical. 

FATF has already issued various relevant guidance and countries around the world are slowly adapting their local regulations and/or legislations accordingly.

This course, therefore, has been based upon the FATF issued guidance’s on virtual assets and aims to introduce the participants to the terminology of virtual assets as well as the red flags present when virtual assets are involved. The participants will be shown various cases of money laundering where virtual currencies were involved. The course is relevant for virtual asset service providers, auditors, external accountants, tax advisors, trust and/or company service providers, lawyers, investment firms, financial institutions, and their staff in Cyprus.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

•  Virtual Asset Service Providers
•  Compliance officers
•  Auditors
•  Risk Management Staff
•  Accountants
•  Lawyers
•  Fund Managers
•  Fiduciary service providers
•  Bank employees
•  Tax advisors
• Accountants

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

TOPICS TO BE COVERED

•  Virtual Assets Terminology
•  FATF Approach
•  Overview of Risk
•  Initial Risk Assessment
•  Registration of Virtual Asset Service Provider’s in Cyprus
•  Customer due diligence
•  Enhanced due diligence
•  Virtual Assets Red Flag Indicators
•  Industry Trends