Combating Economic Crime: The Latest Developments in AML Regulations

Course Description

The seminar will discuss the latest developments in regulations for combating money laundering and their impact on the financial sector.
We will explore global efforts to combat economic crime, including the FATF 40 recommendations, current and upcoming regulatory developments in the EU, and real-world contemporary cases.
By attending this seminar, participants will gain the necessary knowledge and skills to navigate the constantly changing landscape of economic crime and protect their businesses from reputational and financial risks.

Target audience:

  • Executives/officers working in the financial sector.
  • Executives of Regulatory Authorities.
  • Lawyers, Accountants, Brokers and all obligated professionals, based on relevant legislation, and others who wish to work in this field.

Objectives:

  • Understand money laundering and terrorist financing
  • To distinguish between money laundering from illegal activities and financing terrorism.
  • To learn about due diligence for customers
  • To describe the basic requirements for establishing a program to combat money laundering from illegal activities.
  • To apply the principles of due diligence for customers
  • To organize processes related to combating money laundering from illegal activities.
  • To conduct continuous monitoring of the customer for any suspicious transactions that may be related to money laundering.
  • To justify the practices used for the proper care of customers
  • To collaborate with the compliance officer on issues related to the legalization of income from illegal activities.
  • Understanding Financial Crime
  • Money Laundering Methods and Techniques
  • Terrorist Financing
  • Crypto and money laundering
  • The Role of the FATF in AML Compliance
  • Understanding and mitigating risks (The risk-based approach)
  • Customer Due Diligence (CDD)
  • Best Practices for CDD
  • Enhanced Due Diligence (EDD) and best practices.
  • The AML Compliance Culture

Training Fee

Price*
€72.00 - €228.48

Participation Contribution€ 192.00| Employees HRDA Eligible: € 72.00 

Participation Contribution | No HRDA Eligible*: €115.20 + VAT** 

*Participation Contribution Discount for individuals who are not HRDA Subsidy eligible. **HRDA-approved seminars are exempt from VAT for eligible organizations applying for the HRDA subsidy. For seminars and participants who do not qualify for the HRDA subsidy, a 19% VAT will apply. 

Participation Contribution| Unemployed 

Persons who are registered as unemployed are allowed two free seminars every year if they bring the relevant permit from the Public Employment Service office.

Subsidy eligibility conditions HRDA

Course Dates

Date
Time
28/02/2024
09:00 - 12:15
29/02/2024
09:00 - 12:15

*CPD Recognition

This programme may be approved for up to 6 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.