Advanced Risk-Based AML/CFT Implementation 2026

Incorporating the EU Anti-Money Laundering Authority (AMLA) and the New EU AML/CFT Framework

Course Overview

This updated programme further reflects the significant developments in the EU AML/CFT framework, in particular the establishment of the Anti-Money Laundering Authority (AMLA) and the adoption of the EU AML package. These developments introduce a harmonised single rulebook and a strengthened supervisory architecture that directly affect the AML/CFT obligations of Cyprus-regulated entities and professionals, making an up-to-date understanding of the risk-based approach essential.

Training objectives

Understand the AML/CFT legal framework.
Understand risk factors.
Understand risk assessments.
Identify ML/TF risk factors.
Assess ML/TF risk.
Apply customer due diligence (CDD) measures.
Understand the establishment, role and supervisory powers of the Anti-Money Laundering Authority (AMLA).
Understand the new EU AML/CFT regulatory framework (AMLR, AMLD6 and the AMLA Regulation) and its interaction with AMLA.
Apply the practical implications of AMLA and the new framework to the AML/CFT obligations of Cyprus-regulated entities.

Training Outline:

Introduction to AML/CFT
Legal Framework
Risk Factors
Risk Assessments
ML/TF Risk Factors
Assessing ML/TF Risk
CDD Measures to be Applied
AMLA and the New EU AML/CFT Framework: establishment, powers and supervisory role
The New EU AML Package and its Interaction with AMLA (AMLR, AMLD6 and the AMLA Regulation)
Practical Impact on Cyprus-Regulated Entities: compliance, governance, risk assessment, supervision and reporting
Case Studies and Practical Examples