ΠΕΡΙΓΡΑΦΗ

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

In terms of knowledge:

1. To define the concept of Money Laundering and identify the distinct stages involved in the Money Laundering process.
2. 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.
3. To clarify the roles and obligations of board members, compliance officers, internal auditors, and other relevant personnel within the organization concerning FSA/FT.
4. To analyze the identification protocols for both natural and legal persons (KYC) and determine the Ultimate Beneficial Owner (UBO).

In terms of skills:

1. To develop and implement effective policies and Customer Due Diligence (CDD) procedures during customer onboarding and periodic reassessments.
2. 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.
3. To enumerate and complete the required documentation that must be maintained during and after the business relationship, in line with applicable retention schedules.
4. To identify and interpret “red flags” specifically related to Politically Exposed Persons (PEP).
5. To explain the implications of delays or failures in submitting suspicious transaction reports.
6. To apply a Risk-Based Approach (RBA) in assessing Anti-Money Laundering (AML) risks associated with each customer.
7. To carry out due diligence and recognize potential risks in business relationships or agreements.
8. To maintain detailed records of all business-related activities and transactions.
9. To prepare and forward internal suspicious activity reports to the AML Compliance Officer and external reports to the designated authorities.
10. To review and take appropriate action on reports received, in the capacity of an AML Compliance Officer.

In terms of attitudes:

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

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Individuals seeking to renew their CySEC AML certification 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:Understanding Money Laundering, Terrorist Financing and Sanctions
Chapter 2:Legal and Regulatory Requirements
Chapter 3:The AML Compliance Culture
Chapter 4:Assessing and Managing Risks
Chapter 5:Know your Customer (KYC) and Customer Due Diligence (CDD)
Chapter 6:Transaction Monitoring and Suspicious Reporting
Chapter 7: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.