Diligex will be hosting a training webinar focusing on the Breaches within the Gaming Industry based on the experience in Malta. The establishment and maintenance of robust systems for detecting money laundering and terrorism financing are imperative for regulated entities. These systems serve as a critical line of defence against illicit financial activities that pose significant threats to global security and stability. Non-compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations may result in legal penalties, reputational damage, and financial losses for the regulated entities. Furthermore, the absence of robust detection mechanisms increases the risk of these entities inadvertently facilitating criminal activities, contributing to the perpetuation of organized crime and terrorism. In essence, the implementation of stringent AML and CTF measures is not only a regulatory obligation but a fundamental necessity for safeguarding the integrity of the financial system and promoting global security.
Date: 20th March 2024
Time: 10:00 am
Duration: 2 hours
Fee: Eur40 inclusive of VAT (a 15% discount for more than 3 attendees from the same entity).
For Diligex AML100 clients with training webinar package, may be registered without additional charging upon confirmation.
Attendance Confirmation is upon registration, payment and confirmation.
Certificates of attendance will be issued to all paid-up attendees.
The Agenda will include:
- An overview of the Regulatory Expectations
- Understanding the ML/FT Risks and the Risk Based Approach
- An overview of the obligations of the Subject Person
- A look through the Regulatory Breaches published on the FIAU website – Key Takeaways
- Case Studies: a focus on the Enforcement Factsheet 2021/2022
Deadline for registration and payment is 19th March 2024.
