As the financial services industry looks to implement changes in their procedures to comply with the revised Anti-Money Laundering Regulations which came into effect earlier this month, a new seminar aims to quickly bring all professionals up to speed on the changes.
Consulting firm, FTS, is organizing a seminar on November 9th, featuring Mr. Francis Arana, Head of the Anti-Money Laundering Unit in the Attorney General’s Chambers, alongside local regulatory expert, Mr. Paul Byles.
Mr. Arana will provide a summary of the changes made in the AML Regulations (2017) and the rationale behind those changes. Mr. Byles will speak on the implications that these changes will have on firms’ internal systems and procedures.
“I am very pleased to take the opportunity to represent the Anti-Money Laundering on this educational initiative which will help industry professionals to better understand the changes recently made to enhance our anti-money laundering framework” said Mr. Arana.
“The changes partly reflect the increased focus on firms taking a more risk-based approach towards fighting money laundering and the financing of terrorism, which is a more effective approach to fighting financial crime” said Mr. Byles.
The event will be hosted at The Brasserie’s Willow House Conference Room from 9.00am to 11:30am on Thursday, November 9th 2017.
Persons interested in registering can do so here.