This seminar provides a comprehensive overview of the new European AML/CFT framework and the role of the Anti-Money Laundering Authority (AMLA), focusing on the practical implications for regulated entities in Cyprus. Through a combination of theory, regulatory updates and practical examples, participants will gain a clear understanding of the new compliance requirements, supervisory expectations and risk management obligations introduced under the EU AML Package. The programme equips professionals with the knowledge and tools required to successfully adapt their organisations to the evolving regulatory landscape 

The seminar examines the new EU AML/CFT framework, including the EU AML Package, the establishment and responsibilities of AMLA, and the key regulatory changes affecting regulated entities. Participants will explore customer due diligence requirements, enhanced due diligence measures, monitoring and reporting obligations, internal controls, risk-based approaches, compliance expectations and organisational preparedness. The programme also addresses the practical implications of the new framework for Cyprus-based organisations and highlights best practices for achieving effective compliance.

This seminar is suitable for compliance officers, AML professionals, auditors, accountants, risk management professionals, corporate and administrative service providers, financial services professionals and senior executives working within regulated entities. It is particularly beneficial for individuals responsible for AML/CFT compliance, customer due diligence, risk assessment, internal controls and regulatory reporting who need to understand and implement the requirements introduced by the new EU AML Framework and the AMLA supervisory model.