AML Compliance Certification – Nicosia | Globaltraining

AML Compliance Certification - Nicosia


More Info

AWARDING BODY:
CySEC
DURATION:
15 hours
LANGUAGE:
English

CONTACT PERSON:

Address

Globaltraining/ University of Nicosia   View map

Categories

Based on CySEC’s latest Announcement dates 17/12/2019, the new exams for the certification of Anti-Money Laundering Compliance Officers aim to ensure that the individuals who are appointed as AML Compliance Officers have been properly trained. The exams certify that AML Compliance Officers have the necessary knowledge and are able to fulfill their assigned duties with competence.

The exams are conducted as part of CySEC’s efforts to contribute in the Republic’s effort to prevent the use of the wider financial system for money laundering and terrorist financing, by following the international standards of the Financial Action Task Force (FATF) as well as the relevant EU Directives and especially the 4th Directive of the European Parliament and Council.

The aim of the preparation course is to help participants gain an understanding of the AML Legal Framework and increase their chances of successfully passing the AML Compliance Officer Exam.

Objective:

The main objective of the course is to provide a clear understanding of the Anti-Money Laundering Syllabus Learning Map, and thus help the participants in best preparing for the AML Exam. As a secondary objective, participants will likely be able to benefit themselves and their organizations by applying their increased knowledge with regards to the covered legislations, while at the same time gaining CPD credits. Examples and practice questions will be covered during the course in order to increase awareness of the taught material.

Participants’ Profile:

This course is addressed to AML Compliance Officers at CySEC-regulated legal entities.

Study Material:
  • Lecturer’s Notes
  • Practice Questions
  • Mock Exam
Cost:     
  • Full preparation course €550
  • Introductory preparation exam course €250
  • Boot-camp preparation exam course €350
Course Structure

Introductory (7 hours/7 CPD units): is made by a two-day course and needs to be followed by individuals who have basic or intermediate knowledge of the AML Legislation.
Boot-camp (8 hours/8 CPD units): is made by a two-day course and the focus will be on the more tricky areas of the legislation, exam technique and questions practice.For ensuring all syllabus and material is covered/refreshed, we advise participants to attend the whole 4 days (15 hours/15 CPD units) preparation course.

However, for experienced AML officers, only the boot-camp course can be followed.

Course Schedules