TOPICS COVERED:
RISK APPROACH FOR CSPs AND TRUSTEES
AND BENEFICIAL OWNERS’ DATABASE
The 4th AML Directive imposes requirements on Subject Persons to adopt a fully integrated Risk Approach. The measurement of risk and mitigation techniques are essential compliance requirements which go to the heart of the new regulatory framework. In addition, new requirements for the maintenance of the Beneficial Owner Register set out additional compliance obligations particularly for CSPs and Trustees.
The objective of this Compliance briefing is to provide a practical and hands on understanding of such important concepts and requirements. This course is intended for Directors, MLROs, Designated Employees and Officers responsible for AML requirements (client facing) at companies that are subject to AML and CFT requirements.
When someone asks, “What’s different about AID Compliance?”, the answer resides in our experienced professionals who are innovative and constantly involved in bringing fresh ideas. Ongoing training and education is one of the pillars of AID Compliance’s service to our clients. Our staff successfully implements effective compliance solutions tailored to each client’s needs.
Our one-stop-shop provides all the relevant services under one roof. Due to this structure, clients save time and effort and queries will be dealt with promptly. Any essential points can often be discussed in a more time-saving manner for the client as many material facts are already known to us through our ongoing advisory work.
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