ΠΕΡΙΓΡΑΦΗ

There is no business endeavour without taking risks.  So, this does not pose a question about not taking risks, but about which risks are worth taking and which risks are manageable.  In order to know which risks are worth taking, professionals and their organisations need to have a clear view and approach. 

Regulators do not expect organisations to not take risks or to avoid high risks.  But they expect them to have a robust risk assessment and apply a risk-based approach. Furthermore, they expect professionals and their organisations to have a well-documented risk appetite and a zero-risk tolerance for financial crime-related risks. 

High risk customers are not criminals, however, their overall situation poses a higher risk for organisation. 

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the programme, participants will:

• Understand what risk means and how it is assessed especially in the context of high-risk clients  
• Be able to apply a risk-based approach in KYC for high-risk clients  
• Understand risk ownership of client-related risks 
• Learn about best practices to handle high-risk customers 
• Apply their new-found skills in near to real scenarios 

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Money Laundering Reporting Officers (MLROs)
• AML Officers 
• Compliance Officers 
• KYC analysts 
• Front office staff dealing with high-risk clients (e.g. wealth management, investment advise) 
• Management of obliged entities 
• Internal/external auditors 
• Consultants 
• In-house counsel 
• Investment specialists 
• Wealth management company staff: on-boarding and other professionals up to Executive level 
• CFO’s 

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

CPD Recognition

This programme may be approved for up to 5 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.