The Risk-Based Approach as per the AML/CFT Legislation and Proper Application

This course focuses on the effective application of the Risk-Based Approach (RBA) as mandated by Cyprus AML legislation and aligned with the revised 2023 EBA Risk Factors Guidelines. Participants will learn how to conduct both business-wide and customer-specific ML/TF risk assessments, calibrate customer due diligence (CDD) measures, and implement tailored controls based on assessed risk levels. The training covers the updated provisions of Law 188(I)/2007 as amended by Law 141(I)/2024, CySEC expectations, and practical use of risk assessment models. Designed for AML compliance officers, internal auditors, and professionals in financial and regulated entities, this course equips attendees to manage evolving ML/TF risks with confidence and regulatory accuracy.

This training is eligible for 5 Continuing Professional Development (CPD) units.