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Leveraging AI in AML: Concepts, Applications, and Regulatory Compliance

Leveraging AI in AML: Concepts, Applications, and Regulatory Compliance

Dates

  • November 2026
      to   (2 sessions)
    Delivered Online
    €160 - €280
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Highlights

  • Live Online

  • 6 CPD Units | 6 Hours

  • HRDA Subsidised


The EIMF Live Online Learning Experience

Participants will receive access to the recorded sessions of the course.

EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more


Course Overview

This course focuses on the application of Artificial Intelligence (AI) in Anti-Money Laundering (AML) programs. Participants will learn how AI technologies can enhance AML efforts by improving risk detection, monitoring, and compliance processes. The course will cover regulatory perspectives from EBA, CBC, ESMA, and CySEC on using AI in financial institutions.


Training Objectives

By the end of the programme, participants will be able to:

  • Understand AI concepts and applications in AML

  • Comprehend regulatory guidelines for AI in AML (EBA, CBC, ESMA, CySEC)

  • Explore AI tools for risk detection and monitoring

  • Enhance transaction monitoring with AI

  • Improve customer due diligence using AI

  • Integrate AI into existing AML frameworks

  • Analyse case studies on AI-driven AML solutions

  • Address challenges and risks of AI in AML

  • Develop strategies for AI implementation and management


Training Outline

Introduction to AI and AML

  • Overview of AI Technologies

  • Importance of AI in AML

Regulatory Perspectives

  • EBA, CBC, ESMA, CySEC Guidelines

  • Compliance Requirements

AI Tools for AML

  • Risk Detection and Monitoring

  • Transaction Analysis

Customer Due Diligence with AI

  • Enhanced Due Diligence Processes

  • KYC and Customer Profiling

Integrating AI with AML Frameworks

  • Implementation Strategies

  • Case Studies

Challenges and Risks

  • Addressing AI Risks

  • Ethical Considerations

Future Trends in AI and AML

  • Emerging Technologies

  • Innovation in AML Solutions


Who Should Attend

  • AML Officers

  • Compliance Professionals

  • Risk Managers

  • Data Analysts

  • IT and Technology Specialists

  • Regulatory Affairs Specialists


Training Style

The course employs a combination of lectures, demonstrations, case studies, and interactive discussions. Participants will explore AI applications through practical exercises and scenario analysis to understand its impact on AML efforts.


CPD Recognition

This programme may be approved for up to 6 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

This training course may be approved as an external activity under the new ACAMS recertification category ''non-ACAMS credits'' for up to 6 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS). To read more about the non-ACAMS credits policies and eligibility criteria please click here.


In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.


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Facilitators

  • Sarkis Mazraani

    Sarkis Mazraani

    Sarkis Mazraani is an experienced professional in Banking, Governance, Compliance, Technology, and Regulatory Affairs, with a strong background in research and lecturing. He spent 20 consecutive years at Standard Chartered Bank, focusing on Operational Risk Management, Fintech, Regtech, and Cybersecurity. His expertise includes Anti-Financial Crime, Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), ISO implementation, Blockchain, Cryptocurrency, and Financial Technology. He has played a key role in strengthening compliance frameworks for both international and local banks. Sarkis is certified by ACAMS, Grant Thornton, and the University of London. He is a frequent speaker and facilitator at international conferences, and also delivers training and coaching in soft skills and management. Currently, he provides advisory, consultancy, training, lecturing, and coaching services in Governance, Risk Management, and Compliance (GRC) across the Middle East, GCC, North Africa, Australia, and the USA — in both English and Arabic.

Frequently Asked Questions

  • When will I receive my invoice?

    The invoice is issued on the day the course starts.

  • What payment methods are accepted?

    Payments can be made by bank transfer, cheque, or credit card.

  • When will my certificate be issued?

    Certificates are issued within 7–10 days after the course has been completed, provided that the invoice has been paid.

  • How can I access my certificate?

    Once your certificate has been issued, you will receive an automated email from Cademy notifying you that it is available.

    Click the Get Your Certificate button in the email to download your certificate.

    You can also access it from your Cademy account:

    1. Log in to your Cademy account from https://cademy.io
    2. Click on My Account from the top-right corner.
    3. From the drop-down menu select My Courses and Bookings.
    4. Choose the relevant course.
    5. Under Participants, click the three dots located next to your name. 
    6. Select Get Certificate.
  • Where can I access the course material?

    To access the course materials, such as presentations and recordings:

    1. Log in to your Cademy account from https://cademy.io
    2. Click on My Account from the top-right corner.
    3. From the drop-down menu select My Courses and Bookings.
    4. Choose the relevant course.
    5. Under Extra Details, you will find all the available course materials.
  • What is the HRDA?

    The Human Resource Development Authority (HRDA) of Cyprus is a semi-government governmental organisation that supports the development of workforce skills through training and development initiatives. Eligible training programmes approved by the HRDA may qualify for a subsidy, reducing the participation cost for eligible organisations and individuals, subject to the HRDA's terms and conditions.

  • Who is eligible for the HRDA subsidy?

    The HRDA subsidy is available to:

    • Companies registered in Cyprus that are applying for their employees.
    • Unemployed individuals who meet the eligibility requirements (see the FAQ below for required documents).
    • Self-employed individuals registered as self-employed in their ERMIS profile.

    To receive the subsidy, eligible persons must attend at least 75% of the course. 

  • What is ERMIS?

    ERMIS is the online platform of the Human Resource Development Authority (HRDA) of Cyprus, used for managing training programme registrations, participant details, subsidy applications, and attendance records. All participants attending HRDA-approved courses must have an ERMIS profile and use the platform’s attendance register to check in and check out during each course session. https://ermis.anad.org.cy/

  • What is the process for attending an HRDA-approved course?

    To attend an HRDA-approved course, you must:

    1. Register for the course through the EIMF website.
    2. Create the necessary ERMIS profile(s).
    3. Register for the course through ERMIS.
    4. Complete any additional HRDA requirements if you are applying for the subsidy as an unemployed or self-employed individual.
    5. Log onto ERMIS and check in through the relevant attendance register when you join the course session and check out when you leave each course session.

    See the FAQs below for detailed instructions.

  • Is an ERMIS profile required?

    Yes. ALL participants attending HRDA-approved courses must have an ERMIS profile, whether applying for the subsidy or not.

    • Companies applying for the HRDA subsidy for their employees:
    1. The company must have an ERMIS profile as a Legal Entity.
    2. The company must have their Employer role approved on the ERMIS system.
    3. Each participating employee, as well as a company authorised person and the company’s director, must have an ERMIS profile as a Natural Person
    4. The employees' and representatives’ profiles must be linked to the company's ERMIS profile.
    • All Individuals
    1. Must have an ERMIS profile as a Natural Person.

    You can create or access your ERMIS profile here: https://ermis.anad.org.cy/

  • How do I register for an HRDA-approved course through ERMIS?

    After booking your course through the EIMF website, you must also register through ERMIS, provided that the required profile(s) have already been created.

    • If you are registering as an individual:

    You must register through your personal ERMIS profile.

    • If a company is applying for the HRDA subsidy for its employees:
    1. Registration must be completed through the company’s ERMIS profile.
    2. The company profile used for registration must match the payroll company where each participant is employed.

    For example: If your organisation includes multiple companies, make sure each participant is registered under the correct company profile.

    Around one week before the course starts (or immediately after booking if you register less than one week before the course), we will email you the HRDA course details and instructions on how to complete your ERMIS registration.

  • What documents do unemployed individuals need to apply for the HRDA subsidy?

    When registering for the course through ERMIS, you must upload both of the following documents obtained from the Public Employment Service:

    1. A referral for participation in HRDA Multicompany courses (Παραπεμπτικό για Πολυεπιχειρησιακά Προγράμματα της ΑνΑΔ).
    2. An ES19 form confirming that you were unemployed from at least the course start date.
  • What do self-employed individuals need to do to apply for the HRDA subsidy?

    You must update your ERMIS profile:

    1. Log in to your ERMIS profile and select the Self-employed role from the available roles.
    2. Complete and submit the request.
    3. Once your request has been approved, you can register for courses and apply for the HRDA subsidy as a self-employed individual.

    When submitting your request, you must upload one of the following:

    1. A confirmation letter from the Social Insurance Services confirming acceptance of your registration as a self-employed person.
    2. A Confirmation letter from the Social Insurance Services confirming your self-employed status.
    3. Proof of payment of Social Insurance contributions for the most recent quarter (available through SISnet). 
  • Is the check-in and check-out process in ERMIS mandatory?

    Yes. All participants must log onto the ERMIS system and check onto the attendance register when they join a course session and check out when they leave a course session, as HRDA records attendance.

    To receive the subsidy, eligible persons must attend at least 75% of the course. Check-ins and check-outs reflect actual attendance.
     

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