This course offers a comprehensive introduction to the essential principles and practices of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) within the context of CySEC’s regulatory framework. Designed for financial professionals, this course equips participants with the knowledge needed to identify, prevent, and report money laundering and terrorist financing activities. The course covers key regulatory requirements, customer due diligence procedures, and practical strategies for fulfilling compliance obligations under CySEC’s guidelines.
Objectives:
- Understand the fundamentals of money laundering and terrorist financing, and how they are conducted.
- Conduct proportionate, risk-based Customer Due Diligence (CDD) in compliance with CySEC regulations.
- Identify common red flags and suspicious activities related to AML/CFT.
- Recognize when and how to seek advice and report suspicions of money laundering or terrorist financing.
- Fulfill your legal obligation not to tip off anyone suspected of money laundering or terrorist financing.
- Implement best practices for record keeping and maintaining compliance with CySEC’s AML/CFT guidelines.
- Stay informed about the latest updates in CySEC regulations and how they impact your AML/CFT responsibilities.
Lessons:
