ΠΕΡΙΓΡΑΦΗ

The AML/CFT Certification is an obligation stemming from the fit and properness criteria required for the appointment of a Compliance Officer. It aims at establishing the required knowledge in AML/CFT compliance necessary to perform the functions of a Compliance Officer.As of the 3rd of April 2023, all those who are newly appointed as Compliance Officers in a firm licensed by ICPAC, are required to have successfully passed the AML/CFT certification, irrespective of whether or not they are members of the Institute in order to hold the specific position

The examination is available to all Members and to any non-members who wish to obtain the AML/CFT Certification

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

At a Knowledge level:

• 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

At a Skills level:

• To Perform and Apply the Prevention and Suppression of Money Laundering and Terrorist Financing Laws
• To Document any potential suspicious transactions or clients’ behavior
• To Understand Money Laundering, Terrorist Financing and Sanctions -  Vulnerabilities to Money Laundering and Terrorist Financing-anti Money Laundering and Combating Terrorist Financing in Practice- Anti Money Laundering and Combating Terrorist Financing – Legal and Regulatory Structures-Management Obligations and the Risk-based Approach to Money Laundering and Terrorist Financing

At an Approach level:

• To Participate in the judgement and in 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

This course covers 5 topics. 

• Unit 1: Understanding Money Laundering, Terrorist Financing and Sanctions
• Unit 2: Vulnerabilities to Money Laundering and Terrorist Financing
• Unit 3: Anti Money Laundering and Combating the Financing of Terrorism in Practice
• Unit 4: Anti Money Laundering and Combating the Financing of Terrorism – Legal and Regulatory Structures
• Unit 5: Management Obligations and the Risk-Based Approach to Money Laundering

Instructor Style:

The course is delivered by someone with hands on experience. Highly practical, relevant and important and safely this course is for you.The instructor blends theory with highly practical case studies and examples derived from his long experience. 

CPD accreditation:

The course may be approved for up to 11 CPD units verified directly by the participant's association, regulator or other bodies which holds membership.