Risk Based Anti-Money Laundering

Risk Based Anti-Money Laundering

This seminar is designed for those who work in compliance and AML, Money Laundering Compliance Officers (MLCOs), local compliance officers, internal audit and other relevant areas, as well as those who wish to get a practical perspective on AML. It will focus on updates on the law and relevant directives, the risk-based approach in practice and doing the right thing, it will provide practical tips for keeping current and being effective.

Objectives of the Course:

  • Understand the legal framework on AML/CTF locally and globally
  • Understand the risk-based approach and doing the right thing
  • Understand how to identify red flags during the customer
    review process and transaction monitoring and what do to
  • Understand how to keep current, informed and effective

Course Content:

  • ML & TF – what are they in practice?
  • From the FATF to local laws
  • Effective Due diligence – Know your client
  • Customer review process
  • Complex structures – Trusts / Foundations / Funds, Sanctions and Embargoes
  • Effective Transaction Monitoring.
  • Red flags – why and how are they important?
  • Risk Assessment – why it is important to understand the risk
  • The AML programme: Applied Risk-Based approach – “Doing the right thing”

This course is addressed to:

  • Money Laundering Compliance Officers
  • Compliance Managers
  • Compliance and AML Staff
  • Internal audit
  • Legal Services

DATES: 28 March




TIME: 15:00 - 20:30

FEES: €180 +19% VAT

Registration Form

You can register by sending the completed registration form above to info@eimf.eu or via fax to 2227 4475. If you need help completing the form, please give us a call at 2227 4470


In-House Training

If you would like to discuss bringing this or another topic to your organization on an in-house basis please call us at 22274470 or email us at info@eimf.eu.

Trainer: Gregory Dellas, CAMS

Gregory currently leads the Wealth & Markets Division of the Bank of Cyprus. In the past, Gregory worked with Coopers and Lybrand in Nicosia and held various managerial positions in Cyprus Popular Bank and Bank of Cyprus. He has extensive experience in Wealth Management, in the areas of client advisory and portfolio management, custody and operations. He led the setting up of boutique Private Banking units in the UK and Romania and also served as the Money Laundering Compliance Officer (Group MLCO), responsible for the AML function for Cyprus Popular Bank in Cyprus and all its overseas subsidiaries. Before his current position he served as the Manager Compliance Risk Management for the International Banking, Wealth & Markets Division of the Bank of Cyprus and was responsible for high risk client on-boarding and for providing guidance and training to the management and staff, on AML and regulatory Compliance matters. He holds a BSc in Industrial Economics from the University of Warwick and an MBA from Lancaster University, in the UK, he is a Certified Anti Money Laundering Specialist (CAMS), a certified CAMS instructor, a fellow of ICA and a professional member AMLP in the UK and Transparency International (CY). Gregory also participated as a delegate and a speaker in international conferences and webinars and currently also serves as Chair of the ACAMS Cyprus Chapter.