This seminar is part of the on-going training program which every firm is legally obliged to provide to its employees. The latest changes in the Anti-money Laundering regulatory framework as well as the recent updates in the guidelines of our competent authorities create the need for further training and education. At the same time, the recent money laundering outrages create additional need to form a strong culture of compliance awareness at every level of the organization. This program intents to stress the effectiveness of the internal systems controls and procedures that are developed to detect money laundering and gives an emphasis on the practical aspect of money laundering through the presentation of real-life money laundering schemes and examples.
WHO SHOULD ATTEND?
This seminar is addressed to lawyers of all levels, compliance officers, auditors, accountants, company service providers, and other professionals involved in AML/CFT processes. The programme is designed for practitioners who possess a foundational understanding of the AML/CFT compliance framework and wish to develop a more structured, analytical, and strategically informed approach to the application of anti-money laundering and counter-terrorist financing requirements in practice.
This seminar contributes to Continuing Professional Development for 6 CPD Units.
WHERE AND WHEN
Venue: The course will be held online via zoom
Date & Time: Tuesday, 20th and Wednesday 21st of October, 09:00-12:15, with a 15’ break
Language: Greek language with the slides in English
SEMINAR COST AND DURATION
The seminar’s cost and duration for participation is presented on the table below:
| Duration | 6 hours |
| Participation Cost | €200.00 |
| Cost after Subsidy | €80.00 |
REGISTRATION
To register please complete our online registration form here:
MODULES
DAY 1
Introduction
• Goal and purpose
UNIT A: Money Laundering, Terrorist Financing and Criminal activities
• Definition of money laundering
• Explanation of illegal activities
• Explanation of the three stages of money laundering Quick Questions/Quiz
• Definition of terrorist financing
• Differences and similarities between money laundering ML and TF
UNIT B: The Compliance function
• The role of the compliance officer
• Duties and responsibilities
• Reporting Obligations
• Key international and domestic AML Bodies
UNIT C: Regulatory framework essential parts and updates
• EU AML Directive
• Authority for AML and CFT (AMLA)
• Domestic legal framework
• New requirements (public registers)
• Penalties in the Cyprus AML Law
DAY 2
UNIT D: Risk Based Approach & Client Due Diligence
• Risk Based Approach
• SDD & EDD
• Risk categories
• PEPS & High-risk countries
• Economic Profile (SOW)
• Third party reliance
UNIT E: Sanctions and Restrictive Measures
• Brief overview
• EU, UN, US, UK
Discussion/Q&A
INSTRUCTORS CURRICULUM VITAE
Maria Pavlides, Head of Compliance
Maria Pavlides holds an LLB in Law from the University of Leicester and MSc in International Business Law and Management from the Nottingham Business School. She is also a member of the Cyprus Bar Association since 2012.
With over a decade of experience, Maria possesses deep expertise in the legal and compliance services sector, working for top-tier firms in Cyprus. She is currently the Head of Compliance in Kinanis LLC, offering AML consulting services to various clients as well as training on related regulatory issues and updates.
Maria obtained her professional qualification of Advanced Certificate in the Financial Services Legal Framework from the Cyprus Securities and Exchange Commission (CySEC) in 2017, followed by the CySEC's AML Certification in 2019 and the AML Certification from the International Compliance Association (ICA) in 2023.
Maria is also a certified HRDA Trainer of Vocational Training.
ADDITIONAL INFORMATION
Contact Mrs. Constantina Rousia at academy@kinanis.com (22 558836)