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    Compliance & AMLIn-Person HRDA approvedEQF Level 6

    Anti-Money Laundering (AML): Prevention, Suppression and the Challenges Ahead

    This comprehensive seminar provides participants with an in-depth understanding of Anti-Money Laundering (AML) strategies, with a specific focus on prevention, suppression, and the evolving challenges that lie ahead in this critical field.

    Date
    To be confirmed
    Duration
    8 hours
    Location
    Nicosia, Cyprus
    Format
    In-Person
    CPD
    8 CPD
    ABOUT THIS SEMINAR

    About this seminar

    This comprehensive seminar provides participants with an in-depth understanding of Anti-Money Laundering (AML) strategies, with a specific focus on prevention, suppression, and the evolving challenges that lie ahead in this critical field.

    Attendees will gain a thorough grounding in the fundamental concepts and significance of AML in the global fight against financial crime. The programme explores a wide range of AML frameworks, regulations, and international standards that underpin modern compliance efforts.

    WHY THIS MATTERS

    Practical relevance for your work

    • Understand the roleand stance of Regulatory Authorities and how monitoring visits are conducted.
    • Review the key requirements of the EU 5th and 6th AML Directives
    • Apply a Risk-Based Approach to customer assessmentincluding Politically Exposed Persons (PEPs), high-risk countries, and delivery-channel risk factors.
    WHO SHOULD ATTEND

    Best suited for

    Back-office StaffCompliance StaffRisk Management StaffAML StaffHeads of Compliance, RiskAML DepartmentsAccountantsLawyersInternal and External AuditorsExecutive and Non-Executive DirectorsRegulatory Compliance Advisors/Consultants
    OUTCOMES

    What you'll be able to do

    Understand the role

    and stance of Regulatory Authorities and how monitoring visits are conducted.

    Review the key requirements of the EU 5th and 6th AML Directives

    Apply a Risk-Based Approach to customer assessment

    including Politically Exposed Persons (PEPs), high-risk countries, and delivery-channel risk factors.

    Implement robust Client Acceptance and Ongoing Monitoring procedures, from identification and verification through to Simplified Due Diligence (SDD), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD)

    Develop economic profiles and conduct effective transaction monitoring

    AGENDA

    Seminar curriculum

    01Introduction & Ice-Breaker
    02The Regulatory Authorities
    03The Regulatory Authorities' Stance
    04The Regulatory Monitoring Visit
    05EU 5th AML Directive
    06EU 6th AML Directive
    07Risk-Based Approach
    08Politically Exposed Persons (PEPs)
    09High-Risk Countries (3 Lists)
    10Customer Risk Factors
    11Countries and Geographical Risk Factors
    12Products, Services and Transaction Risk Factors
    13Delivery Channel Risk Factors
    14Client Acceptance and Ongoing Monitoring
    15Identification and Verification
    16Simplified Due Diligence (SDD)
    17Customer Due Diligence (CDD)
    18Enhanced Due Diligence (EDD)
    19Economic Profile
    20Transaction Monitoring
    21Summary, Q&A, and Evaluation
    SEMINAR DETAILS

    Dates & logistics

    Dates for the next cohort have not been confirmed yet.
    Format: In-PersonLocation: Nicosia, CyprusDuration: 8 hoursLanguage: EnglishCPD: 8 CPDEQF: Level 6Capacity: 20 participants

    HRDA funding may be available for eligible employers and participants, subject to the applicable scheme, programme approval and individual eligibility. If the HRDA application is not approved, the remaining programme fee may become payable.

    FAQ

    Frequently asked questions

    Expression of interest
    Dates to be confirmed

    This seminar does not have a scheduled cohort yet. Register your interest and we will contact you as soon as dates are confirmed. No payment is required at this stage.

    Participation fee: To be confirmed
    Register interest
    HRDA approved

    HRDA funding may be available for eligible employers and participants, subject to the applicable scheme, programme approval and individual eligibility. If the HRDA application is not approved, the remaining programme fee may become payable.

    Certificate of completion included
    HRDA documentation support
    EQF Level 6Bachelor equivalent

    Need help? Contact us

    Register your interest

    Leave your details and we'll contact you when a new cohort is scheduled. No payment is required at this stage.

    Register your interest

    Leave your details and we'll contact you when a new cohort is scheduled. No payment is required at this stage.

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