ΠΕΡΙΓΡΑΦΗ

The requirements of the CySEC (Directive RAD 353/2020 & Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 2007-2018 (“the Law”) based on Instructions and Legislations created the need for supervised companies to train their employees who perform AML Officer duties to, among other things, upgrade their skills in naming Dirty Money Laundering techniques, describing suspicious transactions and describing different types of risks. At the end of the training they will be accredited by the CySEC, in order to be able to perform their work in the position they hold in Cypriot Investment Services Companies.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

At a Knowledge level:

• To name regulatory and compliance requirements
• To describe potential suspicious activities
• To outline and define different ways of money laundering
• To describe the influence of the different types of risk factors for the entire risk scoring

At a Skills level:

• To perform  and Apply the Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 2007-2018 (“the Law”), CySEC’s Directive for the Prevention and Suppression of Money Laundering
• To Perform client assessment based on the Risk Factor Guidelines of the European Supervisory Authorities.
• To Document any potential suspicious transactions or clients’ behavior

At an Approach level:

• To Participate in the judgement and in the generation of suspicious transaction reporting
• To Justify and Critique the appropriateness of customer due diligence
• To Evaluate issues by proper combination of application of rules and application of logic

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The course is addressed to employed professionals appointed as AML Officers/Compliance Officers, Alternate Compliance Officer and Assistants in a Regulatory/Advisory Firm.