Understanding Anti Money Laundering and Counter Terrorist Financing, Subject Person’s Obligations and an Overview of the FIAU ‘Implementing Procedures’

Course Outline

This course will delve into the realities of money laundering and terrorist financing and why they should be a concern for subject persons.  It will explain the origins of this stand-alone crime as well as the implications of terrorist financing and will also provide an overview of the various international initiatives that are undertaken in this field.

The course will also provide an in depth analysis of the local legislative framework (both with regard to primary and secondary legislation) as well as an overview of the FIAU’s Implementing Procedures.  Some practical case-studies will also be examined.

The FIAU has recognised this course as suitable AML / CFT training within the parameters of the PMLFTR for MLROs (and other employees). This course will also be given positive consideration by the MFSA in assessing the competence of employees of licence holders/applicants.

Who should attend?

Corporate service providers, trustees and other fiduciaries, auditors, accountants, notaries, lawyers, real estate agents, other subject persons, MLROs, Compliance Officers and all other persons who wish to receive practical and update information on anti money laundering and counter terrorist financing.

Certification

A Certificate of Attendance will be issued to all participants indicating the attended sessions.

Venue

Institute of Legal Studies Tuition Centre, 19/12 Vincenti Buildings, Strait Street, Valletta VLT1432

Dates and Time

1st, 3rd, 7th, 10th, 14th & 17th October, 2013
1600 – 1800hrs

Participation Fee

Regular fee €350; Student fee €175; cheques payable to Institute of Legal Studies Malta

Registration

To apply kindly use our online registration form.

Programme

Session 1: Tuesday 1st October, 2013; 1600 -1800 hrs
What is Money Laundering and Terrorist Financing and why should they be regulated?
Lecturer: Dr. Anthony Cremona; Partner, Ganado Advocates 

Session 2: Thursday 3rd October, 2013; 1600 -1800 hrs     
Global Initiatives in Combating Money Laundering and Terrorist Financing
Lecturer: Dr. Lorraine Poole; Associate, Ganado Advocates

Session 3: Monday 7th October, 2013; 1600-1800 hrs    
The Maltese Legislative and Regulatory Framework: the Prevention of Money Laundering Act, 1994, the Criminal Code and Powers of Investigation and Precautionary Tools
Lecturer: Mr. Victor Rizzo Giusti, Compliance Officer 

Session 4: Thursday 10th October, 2013; 1600-1800 hrs   
The Maltese Legislative and Regulatory Framework: The Prevention of Money Laundering and Funding of Terrorism Regulations, 2008
Lecturer: Dr. Liana Micallef; Associate, Ganado Advocates 

Session 5:  Monday 14th October, 2013; 1600 – 1800hrs   
The Functions and Duties of the FIAU
The Salient Features of the FIAU Implementing Procedures
Lecturers: Mr. Antonio Ghirlando; Compliance Officer, FIAU (Malta)

Session 6:  Thursday 17th October, 2013; 1600 – 1800hrs
Practical Case studies
Lecturer: Dr. Anthony Cremona; Partner, Ganado Advocates

Image: Alan Borg
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