This Course is in English.
Beneficial ownership identification is fundamental when it comes to identifying illegal financial transactions in relation to tax evasion, corruption, money laundering and the financing of terrorism. It basically involves the identification of the " beneficial owners", those individuals ( natural persons) who actually enter into parthnerships, company shareholders, trustees and ultimately distribute money within the economy via their bank accounts, real estate ownership etc and are actually participating in a possible money laundering scheme.
Through this seminar participants will have the opportunity to be informed about the Beneficiary ownership framework, all the international and local initiatives involved as well as legal policies around it. During the seminar the main parameters of the Beneficiary ownership will be explained.
The course is addressed to:
The course may be approved for up to 3CPD units verified directly by the participant's association, regulator or other bodies which holds membership.
Method of instruction
Theodoros Stavrou was born in 1973. He studied Civil Engineering and he also got a degree in Management from the Henley Management College of London. He is also a holder of a Master in Business Administration (MBA) and an Accredited Money Laundering Specialist (CAMS). In 2001 he joined MOKAS, the FIU of Cyprus as an Investigator on Money Laundering and Terrorist Financing cases. Apart from his main duties as investigator and throughout the 17 years of Mr. Stavrou in MOKAS he was also the representative of Cyprus in different organisations like Europol, the MONEYVAL committee of the Council of Europe, FIU.net and others. He introduced in Cyprus FIU the automated system for the submission and analysis of suspicious transactions/activities reports being the project manager of the relevant project. This system is now being used by the FIU and all obliged entities in Cyprus. Since 2017 Mr. Stavrou is working in the banking Sector Leading Compliance Departments. He is now the Head of Compliance of Société Générale Bank – Cyprus and he is the person responsible for the AML/CFT/Sanctions and Regulatory compliance of the Bank.