ΠΕΡΙΓΡΑΦΗ

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

The topics covered by this course are in accordance with the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007, 2010, 2012 and 2013, the EU Directives and all other Directives issued by regulatory authorities in Cyprus, such as the Central Bank of Cyprus, the Cyprus Bar Association, the Institute of Certified Public Accountants of Cyprus (ICPAC) and the Cyprus Securities and Exchange Commission (CySEC).

The aim of the course is to cover all the requirements set by the relevant legislation as well as the changes brought about by the implementation of the 5th EU Anti-Money Laundering Directive.

The course discusses the procedures which need to be in place for compliance for anti-money laundering and counter terrorism financing and analyses practical examples.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Executives/Officers of banks, Investment companies and Insurance companies
• Regulators
• Executives exercising control responsibilities on companies (e.g. internal/external auditors, auditors and operational risk managers)
• Lawyers, Accountants, Realtors and other professionals in related disciplines

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

The course will cover the following topics:

• Recognising the key stages in money laundering
• Recognising common techniques used by money launderers
• Examining the efficiency of international standards to combat money laundering and terrorism financing
• Understanding the 5th EU AML Directive and other relevant reporting obligations
• Identifying and dealing with suspicious transactions
• Understanding and applying the "Risk Based Approach"
• Applying “Know Your Customer” (KYC) and "Customer Due Diligence" (CDD) procedures to identify and manage key risk indicators within customer relationships
• Methods for detection of ID fraud
• How to profile and monitor expected relationship activity
• Analysis of case studies and red flag indicators
• How to perform AML risk assessment

Trainer

Nearchos Ioannou

Nearchos Ioannou is a Chartered Certified Accountant ,a Certified Fraud Examiner and a Certified Public Accountant, Ontario, Canada. He graduated from the University of Dundee in Scotland U.K (Bachelor of Accounting(Honours), 1996).He has qualified as a Chartered Certified Accountant (ACCA) in 2003, and was the 1st ACCA finalist in Cyprus in the December 2003 examination diet. He has been a key learning facilitator in one of the “Big 4” accounting firms, and is also a part-time tutor of ACCA courses for the last 15 years, as well as a private tutor for UK undergraduate students. He is an Audit director and an approved HRDA trainer. He is also the Co-author of Dr. Wells book Financial Statement Fraud Casebook. Baking the Ledgers and Cooking the Books, Association of Certified Fraud Examiners. He is providing seminars in relation to AML, Fraud, audit and the International Financial Reporting Standards.