Home/Catalogue/Introduction to Anti-Money Laundering & Counter Terrorism Financing – Limassol
    Compliance & AMLIn-Person HRDA approvedEQF Level 6

    Introduction to Anti-Money Laundering & Counter Terrorism Financing – Limassol

    To cover all requirements set by the relevant legislation and the changes brought about by the implementation of Cyprus Law and the 5th EU Anti-Money Laundering Directive.

    Date
    To be confirmed
    Duration
    6 hours
    Format
    In-Person
    CPD
    6 CPD
    ABOUT THIS SEMINAR

    About this seminar

    Purpose

    To cover all requirements set by the relevant legislation and the changes brought about by the implementation of Cyprus Law and the 5th EU Anti-Money Laundering Directive. The course discusses the procedures which need to be in place for compliance with anti-money laundering (AML) and counter-terrorism financing (CTF), supported by practical examples.

    What You Will Learn

    • The fundamentals of money laundering and terrorist financing
    • Key provisions of Cyprus AML legislation and recent regulatory developments
    • Risk-Based Approach (RBA) theory and concepts
    • Enhanced Due Diligence (EDD) and Simplified Due Diligence (SDD) procedures
    • Critical red flags and indicators
    • Overview of the 5th and 6th EU Anti-Money Laundering Directives
    • Practical case studies and interactive discussion

    Topics Covered

    • Introduction & participant meeting
    • What is Money Laundering & Terrorist Financing?
    • Cyprus AML Legislation and other recent developments
    • Key Players in the AML ecosystem
    • RBA (Theory & Concept), EDD & SDD
    • Red Flags
    • 5th & 6th EU Directive (brief outline)
    • Fake News and emerging threats
    • Discussion, conclusion and assessment

    Best Suited For

    • Executives/Officers of banks, investment companies and insurance companies
    • Regulators and compliance officers
    • Internal and external auditors
    • Operational risk managers
    • Lawyers, accountants, realtors and other professionals in related disciplines

    CPD Accreditation

    This course may be approved for up to 6 CPD units verified directly by the participant's association, regulator or other membership body. For Cyprus Bar Association members this counts as part of their Continuous Professional Development, qualified as non-verifiable CPDs.

    This course can also be offered in-house, customised to your business needs.

    SEMINAR DETAILS

    Dates & logistics

    Dates for the next cohort have not been confirmed yet.
    Format: In-PersonDuration: 6 hoursLanguage: EnglishCPD: 6 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.

    Other people from your organisation

    Add colleagues who should be included in the same request.

    Need this seminar for your organisation?

    We can deliver it privately for your team, on another date and at your premises.

    Request Private Training
    Fee TBC
    Expression of interest
    Register interest