Corruption in business poses severe financial, operational and reputational risks. It hinders economic development and sound business because it creates uncertainty, distorts competition and generates additional costs for businesses. Now more than ever, companies are required to have an up to date understanding of the corruption risks unique to the nature of their operations and should take action to implement effective anti-corruption policies
The objective of this seminar, is to provide an overview of the recent revisions in the International Standards in Auditing, relevant to the external auditor’s report in the areas of : ISA 700 (Revised); Forming an Opinion and Reporting on Financial Statements; ISA 701 Communicating Key ; Audit Matters in the Independent Auditor’s Report; ISA 705 (Revised) ; Modifications to the Opinion in the Independent Auditor’s Report; ISA 706 (Revised); Emphasis of Matter Paragraphs and Other Matters and Paragraphs in the Independent Auditor’s.
The aim of the seminar is to provide participants with an outline of the CIF’s requirement to develop Recovery Plans. It outlines the principles and methodologies that should be used when establishing Recovery Plans, gives the overview of qualitative and quantitative Recovery Plan indicators and range of stress-test scenarios that should be included in the Recovery Plan in accordance with the EBA guidelines.
This seminar is to guide participants through the necessary procedures required to conduct a proper risk identification, analysis and assessment, enable them to plan the relevant audit procedures that are considered necessary in performing the audit work. This practical seminar/ workshop will emphasize on the application of the International Standards of Auditing linking these to the actual forms commonly used in audit methodologies.
This seminar will emphasize primarily on the new AIF Law 2018 as well as on the differences between the current and the previous AIF Law. Particularly, this seminar will provide information regarding the requirements for the application for authorization with CySEC under the new provisions of the AIF Law 2018.
The aim of this seminar is to provide an understanding regarding the funds and trusts legislation and structures as well as the related risks and how to address/mitigate them.
The aim of this seminar is to introduce the participants to the challenges of the latest regulatory transaction reporting regime under the target of reliable transparency. The approach is based on key aspects of the relevant legislation and on the process flow for its implementation.
The aim of the seminar is to provide participants with an outline of the CIF’s requirement to develop an internal capital adequacy assessment process (further, ICAAP).
The aim of this course, will be about offering a thorough understanding, for the junior staff up to the senior executive, of the current AML legislation for CySEC Regulated Firms and more importantly to offer practical solutions for an efficient and effective implementation.