Course outline:
- Legal framework in Cyprus
- Key meaning of prescribed, predicate offences, terrorism and money laundering
- Structure and powers of MOKAS
- List of Supervisory Authorities in Cyprus their obligations, powers and main purposes
- Main procedures applicable for preventing of ML and TF such as risk-based approach, internal audit, regular update of the employees
- Introduction of Register of Crypto Assets Service Providers
- Close examination of Customer Due Diligence
- Definition, Review and Examples of Cross border correspondent relationships, Complex & unusual transactions, Reliance on third parties, Record Keeping/li>
- New Developments. Use of innovative technological means to verify identity
- Crypto Assets – Cyprus AML/CTF/Sanction Framework
- Risk assessment crypto specifics Risk Universe.
- Crypto-Assets specific TF vulnerabilities and risks
- Travel Rule Regulation. Review of Obligations of the crypto-asset service provider – originator, beneficiary
- Travel rule compliance challenges
- New EU AML Regulations Overview
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 43 minutes
Reading and Testing: 30 minutes
Presented by:
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.
