Course outline:
- Scope and purpose of the Revised EBA Guidelines
- Key principles for all firms
- Individual and Business-wide risk assessments. Linking the 2 risk assessments
- Sources of information to consider
- Identifying Risk factors and assessing ML/TF risk
- Client Due Diligence measures applicable to all firms. Identifying, verifying beneficial owner. Using innovative technological means to verify identity
- Application of Simplified Due Diligence, situations and examples
- Application of Enhanced Due Diligence measures, specific cases always to be treated as higher risk.
- Monitoring the business relationship with the customer and keeping sufficient records to demonstrate to competent authority that the measures taken are adequate.
- Training and review of its effectiveness
- Review of Guidelines for specific sectors: Correspondent Relationships, Wealth Management, Investment Firms, Providers of Investment Funds and Crypto Assets Service providers (CASP)
Target audience:
- AML Officers
- AML Directors
- Regulatory compliance officers
- Risk managers
- Internal Auditors
- Senior Management and members of the Board of Director
- Persons employed in investment firms, funds and administrative service providers (ASPs)
- Holders of CySEC AML Certificate
Expected time to complete the course:
Recorded time: 4 hours 15 minutes
Reading and Testing: 45 minutes
Presented by:
The course is prepared by DELFI CORPORATE SERVICES LTD
Instructor:Mrs. Svetlana Tutunaru, MBA, holder of CySEC Advanced & AML Certificates – Personal Identification number CN2386, with on-hands experience and skills in the industry for over 15 years, including experience in practical application and advisory work in relation to the MIFID, MAR, AML/TF legislation in Cyprus and other jurisdictions, acts as appointed Internal Auditor and Compliance officer or Compliance Support in number of licensed brokers and funds in Cyprus.
