AI in Anti-Money Laundering – Concepts, Applications, and Regulatory & Compliance

AI in Anti-Money Laundering

NEW CYPRUS TRAINING   ·   AML-FOCUSED

Concepts, Applications, and Regulatory & Compliance

Firm-wide training for obliged entities  |  Educational material — not legal advice

Training Agenda

1. AML Foundations

Money laundering, the Cyprus framework and core obligations

5. Risks & Governance

Model risk, bias, explainability and oversight

2. Understanding AI

What AI and machine learning are — and are not

6. Regulatory Landscape

The EU AI Act, GDPR, CySEC and FATF expectations

3. AI Applications in AML

Where AI is used across the compliance lifecycle

7. Takeaways & Resources

Key messages, knowledge check and references

4. Benefits & Limitations

What AI delivers, and where it falls short

 Learning Objectives

By the end of this session, you will be able to:

• Explain core AML concepts and your obligations as an obliged entity
• Describe what AI and machine learning are — and what they are not
• Recognise where AI is applied across the AML/CFT lifecycle
• Identify the key risks of AI: bias, opacity, data quality and over-reliance
• Understand regulatory expectations under the EU AI Act, GDPR, CySEC and FATF
• Apply responsible-AI governance principles within your own role

How to Use This Training

A practical guide for everyone who works in a regulated firm.

• Designed for all staff of obliged entities — no technical background required
• Work through the sections in order; each one builds on the last
• A short knowledge check follows at the end of the deck
• Keep your firm’s AML policies and procedures to hand as you go

This training provides 5 CPD hours.