Regulatory updates on AML and MICA

Subject: “Regulatory updates on AML and MICA’”
Date: Wednesday, 13 September 2023
Time: 09:00 to 12:00
Venue: Limassol Chamber of Commerce & Industry
Language: English
CPE Points (Continuous Professional Education): 3 CPEs
Instructor: Evdokia Pitsillidou
Outline: Seminar Outline
Registration Form: Seminar Participation

 

 

Seminar Overview

The Regulatory Updates on Anti-Money Laundering (AML) and Markets in Crypto Assets (MiCA) Course has been developed by the Risk & Compliance Director, Partner at SALVUS Funds, Evdokia Pitsillidou, to provide professionals with the latest developments at the national and the European AML regulatory framework, discussing the different risks arising when dealing with Fiat, Digital Assets and Crypto Assets, how these risks can be assessed and how can they be mitigated. Additionally, this course provides updates of the European Regulatory Framework on Markets in Crypto Assets (MiCA); eligibility criteria, and obligations of the Crypto Asset Service Providers (CASP).
The provisions of the AML regulatory framework play a critical role in the protection of the European financial markets, ensuring their integrity, along with the establishment of beneficial business relationships arising from the provision of investment services in or from Cyprus. This learning course has been designed to enrich the knowledge and expertise of professionals holding key positions within Cyprus Investment Firms (CIF), Crypto-Asset Services Providers (CASP), and other CySEC (Cyprus Securities and Exchange Commission) and Cyprus Central Bank (CBC) regulated entities. Additionally, this course is suitable for AML Compliance professionals working in other obliged entities, regulated by the Institute of Certified Public Accountants of Cyprus (ICPAC) or the Cyprus Bar Association (CBA).
Professionals who undertake this course will obtain competencies to guide them in enhancing company policies and procedures, to ensure compliance with new AML regulatory requirements, as well as in identifying deficiencies and adopting proposed best practises by relevant stakeholders and the regulatory authorities.

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

• Have a clear understanding of what money laundering is
• Understand the updated AML regulatory framework
• Understand the AML and organisational requirements when offering crypto assets
• Acquire skills in assessing and managing risks related to the offered products
• Acquire skills in assessing the risks emanating from dealing with crypto and digital assets
• Designing a suitable onboarding process relevant to the target market and products offered

About the Instructor

Evdokia Pitsillidou | Risk & Compliance Director at SALVUS Funds
Partner at SALVUS Funds, Mrs. Pitsillidou, is actively advising and working on all matters relating to licensing, regulatory compliance and internal audits for investment firms, crypto-asset services providers, investment funds, and payment institutions. Evdokia holds a BSc in Mathematics from the Aristotle University of Thessaloniki, Greece, an MSc in Actuarial Studies from the University of New South Wales, Sydney, Australia, is a CySEC Advanced and AML Certified Officer, is a Certified Actuarial Analyst (CAA), and a member of the Cyprus Investment Funds Association (CIFA) and Global Institute of Internal Auditors (IIA).