ΠΕΡΙΓΡΑΦΗ

This seminar aims to prepare each candidate for the Cyprus Securities and Exchange Commission (CySEC) AML Diploma. The revised examinations include the most important amendments and/or additions to the framework. The exam aims to strengthen regulatory measures for preventing money laundering and terrorist financing (ML/TF) across the financial system and to assist participants in carrying out their duties in their field of work.

Certificate of CySEC

The participants in addition to the Certificate of Attendance that they will receive at the end of the Training Program, will also be prepared to take the CySEC AML examination organized by an approved examination center.  

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

Upon completion of the program participants will be able to: 

• To define what money laundering is and recognize the stages of Money Laundering (Money Laundering). 
• To state the main provisions of the control and supervision of the financial system, the competent authorities, their powers and responsibilities. 
• To explain the duties and responsibilities of board members, the compliance officer, the internal auditor, and other personnel within the organization in relation to the AML/TF. 
• To analyze the identification requirements for natural and legal persons (KYC) 
• To establish policies and effective due diligence (CDD) procedures when onboarding a new customer or re-evaluating existing customers.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Professional investment services employees 
• Bankers 
• Legal professionals 
• Accountants 
• Fiduciary service providers. CIF, CASP and institutions regulated by the Central Bank of Cyprus (CBC), such as Payment Institutions (PI), Electronic Money Institutions (EMI), and banks.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Agenda:

• Chapter 1 Introductory provisions
• Chapter 2 Understanding Money Laundering, Terrorist Financing and Sanctions
• Chapter 3 Legal and Regulatory Requirements
• Chapter 4 The AML Compliance Culture
• Chapter 5 Assessing and Managing Risks
• Chapter 6 Know Your Customer (KYC) and Customer Due Diligence (CDD)
• Chapter 7 Transaction Monitoring & Suspicious Reporting
• Chapter 8 Crypto Asset Service Providers
• Chapter 9 Abbreviations & Definitions