This course is in Greek.
The need for effective risk management of financial transactions with clients and associates is becoming increasingly imperative, especially for lawyers and accountants, given the multiple challenges faced by businesses today.
As criminals discover more sophisticated ways to cover up illegal activities, the need for professionals to comply with their legal obligations becomes even greater, as is the need to adopt a preventative approach to such threats.
Purpose of the seminar:
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 Cyprus Law and 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.
The course is addressed to:
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 Cyprus Law, as well as, the 5th and 6th 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
This course can be offered inhouse, customised to your business needs.
*Infocredit Professional Education division (IPE) holds the right to postpone or cancell any seminar within a logical time frame near to the start date of the seminar, in the case whereas no adequate number of participants is registered i .e. less than 6 persons and/or in the case that out of the list of registered people are not included at least 4 employed people ( as per HRDA guidelines). You can access HRDA guidelines by clicking the link: https://bit.ly/2VSWgWU
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...
This course is in Greek.
Mode of study
Method of instruction
Nassos began his career as auditor for Financial Services companies and qualified as a Chartered Accountant. He then moved to Abacus Limited in 2009 as a portfolio manager. In 2014 he became an ACAMS member and soon after CAMS certified. Since 2015 Nassos has served as the Information Security Officer while simultaneously heading the Compliance Department at Abacus Limited. Nassos has given a number of presentations on both Compliance and Information Security in Cyprus and abroad.
He is also a Chairman of the ICPAC AML & Compliance committee and founding member and Vice chair of the ACAMS Cyprus chapter. Nassos was also leading the DNFBP module for the National Risk Assessment and participated in numerous task forces for the issuance of Directives, Guidance Notes and Certifications in the field of AML, CTF and Compliance.
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For Companies and Unemployed Individuals, the prices shown below are after the deduction of the HRDA subsidy.
More information is provided during the registration process, including the HRDA Terms and Conditions for eligibility.
VAT (19%) is included on the prices below.