This webinar is in English.
Webinar description:
The role of key people in any organization and industry is almost constantly up for negotiation. The advantages of negotiation in business cannot be underestimated. Achieving a beneficial agreement is the ultimate goal when doing business negotiations. But it is only those that are mutually beneficial that truly bear fruit. Often, this could be the determining difference between business that thrive and those which are merely maintained. Negotiators need to cooperate with bargaining counterparts to create value for both sides. The knowledge of the different strategies, tactics and skills required for such purpose is therefore important in every negotiation. The aim is to win, not by defeating the other side but by winning them over to jointly explore and choose the best options to be agreed in their business relationship.
Globally, criminals, terrorist financiers, tax evaders, human traffickers and sanctions busters all attempt to disguise their identity. In the digital world it is important to harness investigative skills when navigating the swathes of information that exist in when conducting online searches for the purposes of Customer Due Diligence (CDD). When profiling clients for Customer Due Diligence purposes most Internet users default to conducting searches of Google. Whilst an excellent resource Google is estimated to have indexed 60 trillion web pages, but that only represents about 5% of the amount of information that is actually available on the Internet. Most Web users don’t bother looking beyond Page 1 of their search returns and just go on to enter another search query. Teaching users to search in a more focused fashion saves organisations time and money. It is also vital to be in possession of good quality data when conducting your online Enhanced Due Diligence enquiries. This course will show you how to discern the difference between information and intelligence.
The Internet is a huge repository of data that can be an extremely valuable tool for analysts, researchers and investigators. Whether you are handling AML due diligence, compliance, fraud control or even cyber security itself, good online investigation skills and techniques now form an essential part of your job. Online investigation has changed dramatically over the last years or so. The main reason for this is the growth of resources available online from a computer, tablet or smartphone. An experienced professional can complete in-depth, online research in mere minutes if he or she knows the best places to look for accurate and up to date information. Due dilligence is generally associated with companies who operate in the financial services to ensure that risks are identified promptly and important Anti-Money laundering (AML) regualtions are complied with. However, it can equally apply to a businees acquisition or potential invetment. Delegates will benefit by developing an enhanced understanding of policies and procedures that should be in place to meet the challenges of the conflicts between privacy laws and conducting effective online CDD. Whilst at the same time leveraging the internet, social media and similar media to identify subjects.
The number of cyber-attacks has been increasing steadily over the past years, evolving and becoming more sophisticated. Until now, most of the SMEs did not incorporate any cyber-security policies into their operations and so exposing the businesses to cyber-crime risks. At the same time, cyber-criminals create highly skilled and thoroughly organized teams. They continually master-mind very advanced cyber-attempts that they can implement faster than ever before to exploit vulnerabilities and weaknesses, revealing the existing cyber-security gap.
This year's pandemic lock-down and the fact that some employees are currently performing their work remotely reveal the weakness in many organizations' cyber-resilience and the necessity to gain at least basic knowledge and skills in cyber-security. To deal with the existing cyber-security gaps and present-day increased cyber-risks exposure, on 12 August 2020, the Security of Networks and Information System Law of 2020 (Law 89(I)/2020) came into force to ensure the security of networks and information systems.
AML Officers and professionals constantly update their knowledge on new laws and regulations. However, they often pay little attention to the importance of developing cyber-resilience to mitigate AML risks within the organization. The failure to comply with the current law will result in severe administrative fines of up to EUR 300,400 and an additional fine up to EUR 200,000, where the breach persists. For this reason, cyber-security has become the major area of attention of professionals from financial services organizations, financial institutions, governmental organizations, including owners of SMEs.
Understanding existing cyber-crimes and countering cyber-risks will help AML Officers, financial services professionals, representatives of governmental departments, and SMEs' owners develop sound cyber-security policies, assisting to ultimately mitigate cyber-risks.
Blockchain technology is an attractive choice for enterprises to transform and innovate their business processes and it is now revolutionizing the world of business by transforming the way transactions are conducted and by disrupting almost every industry.
Today, the anti-money laundering & terrorist financing (AML & TF) regime demands compliance from businesses more than ever before. At the same time, new innovative and effective Blockchain-based projects can be created ranging from transaction monitoring and regulatory reporting to identity management and compliance improvement. On the other hand, it appears that cryptocurrencies’ anonymity encourages criminals to make illegitimate activities with the use of cryptocurrencies.
This 1-hour webinar is designed to provide an overview of blockchain technology, and the amendments brought by the 5th Anti-Money Laundering Directive (AMLD5) that affect the cryptocurrency space. It also considers Blockchain’s potential impact in the future of preventing money laundering and improving KYC/AML compliance regimes. At the same time, the course provides the risks and challenges of the increased use of cryptocurrencies by which illegitimate activities can be made.
Description:
In commercial mediation, the exchange between parties of strategic information such as interests, options and solutions, is essential in order to reach a settlement.However, parties, advisers and insurance claims professionals encounter a pervasive problem of mistrust, which hampers efficient communication about the key elements in the mediation.
What are the sources of such mistrust in mediation? What are the consequences? How can the mediator avoid mistrust between parties and foster trust?
The Vision of the Cyprus Mediation Association, as it was defined from the day of its establishment and remains unchanged over time, is to contribute to the creation of a peaceful society through the philosophy of Mediation. The main priority of the Association is the dissemination of the philosophy of Mediation through seminars, conferences, information meetings and other activities. Cyprus Mediation Association aims to be an independent and enthusiastic Association, with local and international presence and recognition, that ensures the quality of mediation services, through highly trained professional mediators.
The COVID 19 crisis has caught many organizations unprepared. Although most traditional elements of crisis response and management are relevant, they are not sufficient to address the full range of challenges arising. There are very specific opportunities that must be capitalized on in the short to medium term, in order to deliver in the long term. Organizations need to embrace new ways of thinking and working. The desired results are, as always, cost reduction and efficiency while delivering a great customer experience. In addition to this, a window has opened for an improved sourcing of talent.
This Webinar will consider on how company boards can maintain good governance and good practice in their meetings despite the physical distancing required during the COVID-19 lockdown. The vital importance of maintaining the trust of shareholders, employees and other stakeholders and not damaging reputation; and some reminders about forgetting the basic essentials.
