ΠΕΡΙΓΡΑΦΗ

Together with the increased focus on international financial sanctions, regulators are starting to pay more attention to the fast-growing asset class: private assets. The AML-related due diligence that financial institutions should conduct on them has started to arise as one of the major concerns, in absence of clear guidance. This is applicable mostly to the funds industry, but can also be extended to any industry that deals with investments. 

This course will aim at giving the participants a quick refresher on the types of assets available and their risks, make them explore different types of AML due diligence that can be performed depending on the type of asset. Finally, participants will be invited to resolve several case studies.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By attending this programme, participants will:

• Refresh their knowledge on listed and private assets
• Discover the regulatory focus on asset due diligence
• Understand the key points in asset due diligence in relation to each type of asset class
• Be able to apply their knowledge to case studies

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• CCOs
• AMLCOs / MLROs
• Head / Deputy Heads of FCC
• Directors
• Senior Managers
• Regulatory compliance officers
• AML / KYC Officers
• Chief legal officers
• Legal advisors
• Internal auditors

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline 

Private assets – refresher

• What types of private assets exist and how they are packaged
• What the related risks are
• How to conduct a risk assessment 

Real estate transactions AML due diligence

• Different types of risk
• Due diligence on parties related to the transactions 

Private credit transactions AML due diligence

• Different types of risk
• Private debt vs syndicated debt
• Required documents
• Name screening 

Private equity

• Due diligence on target, related parties, principal and agent
• Attention points on beneficial ownership 

Tangible assets AML due diligence

• Art, wine and luxury items 

Case studies

Training Style

 The programme is designed to deliver a brief insight into a fairly new regulatory attention point which is asset due diligence. It will strive to enhance participants’ skills and knowledge via lectures supported by power-point presentations and practical examples. The training style is both training-focused, involving a combination of presentation and real-live examples, but also learner-focused, where participants are encouraged to raise questions, seek clarifications and share their opinions from their different perspectives and engage in an exchange of views and personal professional experiences.

 CPD Recognition

 This programme may be approved for up to 6 CPD units in Financial Regulation and AML. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

 This training course may be approved as an external activity under the new ACAMS recertification category ”non-ACAMS credits” for up to 6 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS). To read more about the non-ACAMS credits policies and eligibility criteria please click here.