CYFA Seminar 7 – Empowering AML Compliance through the Risk-Based Approach
In the swiftly evolving realm of financial regulations, staying ahead of the curve is essential to ensure effective Anti-Money Laundering (AML) strategies. In this pursuit, we are thrilled to announce that our esteemed Managing Director, Xenia Neophytou, will be spearheading “Seminar 7: AML Considerations: Effective Implementation of the Risk-Based Approach” a crucial event organized by the Cyprus Fiduciary Association (CYFA).
Date: 14th September 2023
Time: 15:00 – 18:20
Location: Online via Zoom
Language: Conducted in English
CPD Unit Hours: Participants eligible to receive up to 3 CPD unit hours
The RBA functions as a dynamic and strategic mechanism, enabling organizations to channel their efforts toward areas of heightened Money Laundering and Terrorist Financing (ML/TF) risks. This proactive approach optimizes resource allocation, ensuring that resources are directed where they are most impactful. This approach aligns seamlessly with the implementation of the Financial Action Task Force (FATF) Recommendations, which necessitate stakeholders to comprehensively identify, evaluate, and mitigate the ML/TF risks they encounter.
The seminar is ideal for professionals engaged in risk management, compliance, and financial services. Furthermore, senior management and board members seeking a comprehensive grasp of RBA’s principles to bolster organizational governance will also greatly benefit.
Secure your spot at this seminar by registering today. Contact directly CYFA for completing the registration form and send it to [email protected] by Monday, 11th September 2023.
This event promises to equip attendees with insights that transcend industry standards, setting the stage for empowered AML compliance through the Risk-Based Approach.