Russian Sanctions and their impact in Professional Services in Cyprus and the Developments of EU 6th AML Directive

Home Events Russian Sanctions and their impact in Professional Services in Cyprus and the Developments of EU 6th AML Directive

Russian Sanctions and their impact in Professional Services in Cyprus and the Developments of EU 6th AML Directive

Instructor: Mrs. Myrianthi Papagianni

Webinar’s Overview

 08:45 – 09:00      Registration
09:00 – 11:00
  • Introduction on the rising cost of Compliance and Cost of Non- Compliance
    • Cost of Compliance – Cost of non – Compliance
    • Fines and administrative penalties
11:00 – 11:15 Break
11:15 – 13:15
  • Sanctions Compliance and Main Challenges
    • Overview of EU Sanctions
    • Types of EU Sanctions
    • EU Prohibitions and main Challenges
    • Other Sanctions Regimes (US, UK)
    • Risk Assessment & Background Checks – Technology’s Main Role
    • Sanctions Compliance Program (SCP) and trainings
    • Case Studies
13:15 – 13:30 Break
13:30 – 14:30
  • The EU 6th AML Directive – What Changes in The Fight Against Money Laundering
    • The key changes arising from EU Directive
    • Definition of criminal activities to be considered as predicate offences
    • Money Laundering offences punishable as criminal offences
    • Stricter penalties for individuals
    • Extension of liability and sanctions for legal persons
    • Increased Cooperation between Member States
  • Q&A

Date

Nov 30 2022

Time

08:45 - 14:30

More Info

Read More

Location

MS Teams
MNK Risk Consulting Ltd

Organizer

MNK Risk Consulting Ltd
Phone
+357 25508201
Email
stella.stylianou@mnkriskconsulting.com
Website
https://mnkriskconsulting.com/
Read More

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are necessary for the website to function and cannot be switched off in our systems.

In order to use this website we use the following technically required cookies
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services