Ensure your front-facing and compliance staff meet the regulatory requirements to have all set for lift off once business is back.
Session 5: The Funding of Terrorism
Duration: 2 hours
Date: Tuesday 25th August 2020
Time: 10:00hrs GMT+2
Fee: €40 Discounted to €27 (excl.vat) – Confirmation upon receipt of payment.
Topic:
Terrorism is not a new phenomenon and continues to pose a serious threat to our security, to the values of our democratic societies and to the rights and freedoms of citizens. It can, in certain instances, also undermine economic development and financial market stability.
A key requirement for terrorists to operate is money, with many professionals often arguing that it is the very lifeblood of terrorism. Without funding, terrorists simply cannot purchase the required weapons, equipment, supplies, or services. As with terrorism, terrorist financing does not recognise borders.
The presentation will go through the salient definitions and provide a detailed review of the characteristics and mechanisms relating to the funding of terrorism. The preventative measures that need to be in place by Subject Persons will also be outlined, together with possible indicators of terrorist financing.
The presentation will also highlight the salient parts of the recently revised FIAU Guidance Document dealing with emerging trends, typologies and red flags.
Tutor: Mr Antonio Ghirlando – a seasoned financial crime compliance specialist, focusing primarily on the prevention of money laundering, countering the funding of terrorism, combating proliferation finance and sanctions.
Sign Up Now as Participation is Limited. Training will be held on Microsoft Teams.
Diligex is also offering one-on-one consultations through remote connection. We have fully set our AML/CFT specialists to be position support in revolutionising your compliance function or update your documentation ahead of obligatory requirements.
Diligex also offers its very own dynamic holistic end-to-end AML/CFT management platform undertaking screening and customer risk assessment.
Fill in below details to register your interest immediately. Offer ends on the 21st August 2020
