AML for Accountants

80.00

  • 3 CPD Hours

The seminar is tailored for auditors and accountants and highlights the importance of applying AML procedures in their profession.

The seminar revisits the AML concepts and reviews the legal obligations imposed to auditors and accountants. Main objective is to highlight the importance of following these rules and the impact on businesses.

The seminar applies to auditors and accountants as well as service providers

Instructor

Olivia Parpa

Olivia Parpa has studied Law at Bristol University and then trained to qualify as a Chartered Accountant with the Institute of Chartered Accountants in England and Wales (ACA). She obtained her practical experience at Langley & Partners in London and then started off her career as a CFO in a private company. She currently the Managing Director of a large financial institution in Cyprus, having also performed the role of the Compliance Officer as of 2009. Her current duties include overseeing the Compliance and Risk function of the financial institution and the application of the money laundering and corporate governance regulations.

Olivia is a long-standing associate of Globaltraining, having delivered lectures for many professional structured courses and seminars. Seminar topics that she has delivered in the past include the role of the Compliance Unit, the Money Laundering Unit and the Risk Unit as well as the application of the Corporate Governance rules of the Cyprus Stock Exchange. ACA courses delivered by Olivia for Globaltraining include Business & Finance, Business Strategy, Law and Case Study. Since the MiFID application in Cyprus 2007, she has been the leading Globaltraining lecturer for the Cyprus Investment Firm Employees’ certification issued by CySEC.

Outline

  • Definition and the 3 stages of Money Laundering
  • Why is AML relevant to us?
  • Predicate Offences: Money Laundering Offences and Terrorist Financing Offences
  • Knowledge vs Suspicion
  • AML Procedures
  • Risk Based Approach
  • KYC/CDD
  • Source of Wealth v Source of Funds
  • Simplified and Enhanced Due Diligence
  • Red Flags

What’s included

  • Pre-Recorded Videos

  • Short Quizzes

  • Seminar notes

  • 24/7 access to our online platform

  • Certificate of Completion

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