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
The 5th Anti-Money Laundering Directive (AMLD5) and the eIDAS regulation are two dynamic regulatory frameworks and topics to explore, due to the way they are set to refine and revolutionize the world of business and particularly the European Financial Industry. The new regulations on trust services in the EU introduced by eIDAS and on anti-money laundering, are decisively shaping the EU Digital Single Market, creating roadmaps and unlocking opportunities for financial companies to operate and thrive in.
The introduction of the AMLD5, is a major development towards a uniform framework for regulators across the EU, to regulate, supervise, and bring crypto asset activity within the regulatory ambit. The 5th AML Directive imposes relevant obligations on traditional and new providers regarding their activities in the highly debated area of crypto-assets. In essence, the AMLD5 intends to offer transparency on the legal state of the cryptocurrency market by creating specific regulations related to cryptocurrency businesses. The objective is to strengthen the barriers to fight against money laundering and restrain terrorist financing, considering the relevant blockchain, and cryptoasset-specific risks.
The 5th AML Directive was only the first step towards comprehensively regulating crypto-assets and crypto-activities in terms of anti-money laundering. Currently, we face further important regulatory developments on the AML regulation of crypto assets. The upcoming EU AML Package deals with AML matters in a more harmonised and enhanced way, offering advanced tools to authorities to combat AML risks and covering more AML areas. In this context, the EU AML Package enhances the regulation of crypto-assets for AML. This is combined with the Markets in Crypto-Assets Regulation (MiCAR), the Regulation that aims to regulate most crypto-assets currently outside of scope.
eIDAS regulation offers consistency and conformity within the EU Member States in relation to trust services while encouraging the legally predictable application of such services by businesses and creating a resilient framework to place trustworthy digital transactions in the heart of business relationships. The regulation provides the conditions for recognizing simple, advanced and qualified trust services. eIDAS offers the supervisory measures and standards of trust services as well.
At the same time, Blockchain, the technology that has permeated all aspects of business since its introduction, plays an important role for the future of preventing money laundering, enhancing KYC/AML compliance regimes and enabling the execution of trustworthy digital transactions. All these elements are crucial in enhancing the financial services industry.
This training course is designed to explore AMLD5 and eIDAS as the game changers of the European Financial Industry. Participants will have the opportunity to explore the EU AML Package as well as the step following AMLD5. The course also explores the Blockchain technology, and it encourages participants to consider its potential impact for both, the future of electronic transactions as well as for the prevention of money laundering and the improvement of KYC/AML compliance. At the end of the training course, participants will comprehend that the relationship between the AML framework, eIDAS regulation and Blockchain Technology is very close.
By the end of the programme, participants will:
Introduction to cryptocurrencies
Anti-Money Laundering, Terrorist Financing and the AMLD5
eIDAS Regulation: Navigating the ecosystem
Trustworthy Digital Transactions for the Financial Services Industry
Who Should Attend
This training course is suitable for people from all kinds of backgrounds who are interested to explore the relationship between digital currencies, eIDAS regulation and the 5th Anti-Money Laundering Directive.
The course is also ideal for:
The programme is designed to deliver theoretical knowledge mainly via live online discussions, supported by power-point presentations.
This programme may be approved for up to 14 CPD units in AML and 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 14 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.
For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.
€292.00 – €530.00
HRDA-approved seminars are exempted from VAT for eligible organisations applying for the HRDA subsidy. A 19% VAT will apply to seminars and participants who do not qualify for the HRDA subsidy.
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Day 1: June 02, 2023 | 09:00-12:45
Day 2: June 06, 2023 | 09:00-12:45
Day 3: June 07, 2023 | 09:00-12:45
Day 4: June 08, 2023 | 09:00-12:45
Start time: 09:00 EET
End time: 12:45 EET
Venue: Live Online
Coordinates: 14 | Duration: 14 hrs
Directions: <a href="https://eimf.eu/event-organizer/christina-aristidou/">Christina Aristidou (view the trainer's bio here)</a>
Email: [email protected]