ΠΕΡΙΓΡΑΦΗ

As per the Directive RAD 103/2019 issued by the CySEC, individuals who already employed or are appointed as AML compliance officers in CySEC-regulated legal entities is required to successfully sit the exam which will allow them to develop specialized knowledge and skills to perform their assigned duties.

The purpose of the exams is to ensure that the individuals who are appointed as AML compliance officers have been properly trained. The exams certify that AML compliance officers have the necessary knowledge and are able to fulfil their assigned duties with competence. Among other things, the exams cover the themes of the Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 2007-2019 (“the Law”), CySEC’s Directive for the Prevention and Suppression of Money Laundering and the Risk Factor Guidelines of the European Supervisory Authorities.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

After the completion of the course the participants will be in a position:

• To name regulatory and compliance requirements
• To describe potential suspicious activities
• To outline and define different ways of money laundering
• To describe the influence of the different types of risk factors for the entire risk scoring
• To perform and Apply the Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 2007-2019 (“the Law”), CySEC’s Directive for the Prevention and Suppression of Money Laundering
• To Perform client assessment based on the Risk Factor Guidelines of the European Supervisory Authorities.
• To Document any potential suspicious transactions or clients’ behavior
• To Participate to the judgement and to the generation of suspicious transaction reporting
• To Justify and Critique the appropriateness of customer due diligence
• To Evaluate issues by proper combination of application of rules and application of logic

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The course is addressed to employed professionals appointed as AML Officers/Compliance Officers, Alternate Compliance Officer and Assistants in a Regulatory/Advisory Firm.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Topics

• Introductory Provisions
• Understanding Money Laundering, Terrorist Financing and Sanctions
• Legal and Regulatory Requirements
• The AML Compliance Culture
• Assessing and Managing Risks
• Know your Customer (KYC) and Customer Due Diligence (CDD)
• Transaction Monitoring and Suspicious Reporting

Trainer

Stavroulla Elia 

Stavroulla Ilia is a professional with many years of experience in the Financial Sector. These She holds a Bachelor degree in Mathematics from University of Athens, Greece and a Master’s degree in Financial Mathematics from King’s College, London, UK

She is a holder of CySEC’s Advanced Certificate in Financial Services Legal Framework and is a Certified Trainer by the Human Resource Development Authority (HRDA).

She is currently the Head of Risk Management Department of a Cyprus Investment Firm.

Markos Bota

Markos Bota is a professional with many years’ experience in the Financial Sector. He developed his career and experience in various positions in Cyprus Investment Firms including Executive Director, Compliance Officer as well as on the front line as a Head of Reception and Transition of Orders.

The diversity of the positions allowed him to enhance his knowledge in practical experience and gain an extensive insight within this field. Throughout his career he developed detailed knowledge in regard to Cypriot and European Legal, Regulatory and Compliance requirements on capital markets. He has obtained a Master of Laws (LLM) from Cardiff Metropolitan University, as well as a BA in Management and Economics of Aero Tourism.

He is a holder of a CySEC Anti-Money Laundering Compliance Officer Certificate, the CISI Financial Services Legal Framework certificate as well as the CISI Financial Services Regulatory Framework certificate and an associate of Chartered Institute of Securities and Investments.