Anti-Money Laundering - The EU Approach to Risk & Regulation

Introduction

Delivered by AML expert and international trainer, Mandy Hargun, this webinar will explore the overarching AML regulation which applies to all EU member states and will provide you with practical guidance on how to approach AML compliance at your organisation.

This session will focus on business risk assessments, which dictate how the flow for customer, product and jurisdictional risk is assessed and managed.

Aimed at compliance officers, AML officers, MLROs and KYC analysts across the EU, this webinar will also be of interest to those in the UK who would like a greater understanding of the EU’s approach to anti-money laundering.

What You Will Learn

This webinar will cover the following:

• FATF - international level; specific recommendations on business risk assessment, and customer and matter risk
• Wolfsberg and guidance on Risk Based Approach
• Scope of Supranational Risk Assessment and National Risk Assessments
• What is a risk-based approach?
• How to approach a business risk assessment
• How to assess customer risk
• Customer risk assessment
• Customer due diligence
• What are PEPs and how to identify them?
• Enhanced due diligence
• How to assess product and jurisdictional risk
• EU proposals to create a new agency to crack down on money laundering & new transfer rules for transfer or crypto-assets

This webinar was recorded on 17th August 2023