ΠΕΡΙΓΡΑΦΗ

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the course, participants willl be in position...

In terms of knowledge:

• To define the concept of Money Laundering and identify the distinct stages involved in the Money Laundering process.
• To outline the main provisions governing the control and supervision of the financial system, as well as the powers and responsibilities of the competent authorities.
• To clarify the roles and obligations of board members, compliance officers, internal auditors, and
• other relevant personnel within the organization concerning FSA/FT.
• To analyze the identification protocols for both natural and legal persons (KYC) and determine the
• Ultimate Beneficial Owner (UBO).

In terms of skills:

• To develop and implement effective policies and Customer Due Diligence (CDD) procedures during customer onboarding and periodic reassessments.
• To identify the characteristics of suspicious transactions and outline the proper reporting procedures and forms (STR/SAR) to be submitted to compliance officers or relevant authorities.
• To enumerate and complete the required documentation that must be maintained during and after the business relationship, in line with applicable retention schedules.
• To identify and interpret “red flags” specifically related to Politically Exposed Persons (PEP).
• To explain the implications of delays or failures in submitting suspicious transaction reports.
• To apply a Risk-Based Approach (RBA) in assessing Anti-Money Laundering (AML) risks associated with each customer.
• To carry out due diligence and recognize potential risks in business relationships or agreements.
• To maintain detailed records of all business-related activities and transactions.
• To prepare and forward internal suspicious activity reports to the AML Compliance Officer and external reports to the designated authorities.
• To review and take appropriate action on reports received, in the capacity of an AML Compliance
• Officer

In terms of attitudes:

• To acknowledge the importance of ongoing AML/TF training
• To take appropriate steps to safeguard both themselves and their organization in matters concerning ML/TF.
• To refuse or terminate business relationships or activities that may facilitate ML/TF.
• To implement protective mechanisms against Money Laundering originating from illegal activities.
• To foster a corporate culture that prioritizes regulatory compliance and continuous training.
• To inspire staff to actively engage in AML-related aspects of their work.
• To integrate Money Laundering risk assessment practices into all transactions.
• To promote staff participation in AML-focused training and awareness sessions.
• To demonstrate willingness and adopt ideas, opinions, and methods from various experiences.
• To accept diversity and adapt to changes.
• To persuade using sound arguments and effective body language.
• To encourage and motivate all participants to actively engage in the seminar.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The Course is addressed to:

• Individuals seeking appointment as AML Compliance Officers within legal entities regulated by
• CySEC.
• Legal, accounting, and brokerage professionals, as well as all other obligated individuals under
• applicable legislation, including professionals aiming to enter or advance in this field.
• Senior staff and officers of firms offering investment services and managing investment funds.
• Executives from regulatory authorities.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Topics

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 and Suspicious Reporting
Chapter 8: Crypto Asset Service Providers

Training method

Our instructor conducts the seminar live on Zoom, offering an interactive virtual training experience that includes real-time collaboration, hands-on activities, dynamic presentations, and practical demonstrations.