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M24074 - EDD: Dealing with Non-Reputable and High Risk Jurisdictions (Online)

  • 5 Dec 2024
  • 13:30 - 15:30
  • Online Webinar

Registration

Registration is closed
Registration Time:13:15
Sessions Time: 13:30- 15:30  No Break
Speakers: Dr Elizabeth Borg
Venue:   Online Webinar

Participation Fees 
MIA Members: €28
Non-MIA Members: €50.00
Retired Members: €15.00
Students: €20.00

*Group bookings for 3 or more participants available.


BACKGROUND INFORMATION

More often than not, the terms ‘High-Risk’ and ‘Non-Reputable’ countries are often used interchangeably within the context of Anti-Money Laundering and Countering the Financing of Terrorism (AMLCFT).  The course aims to help Subject Persons to distinguish between the two jurisdictional concepts as well helps them identify what are the measures required to be adopted by the Subject Person.  The course shall review the different sources that may be utilised by a Subject Person. The course shall equip participants with the necessary know-how of how to apply the risk-based approach when faced with high-risk and non-reputable jurisdictions  

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

  • Understanding the concept of non-reputable jurisdictions 
  • Referring to FATF documents & European Commission Delegated Regulation identifying High Risk Third Countries 
  • Understanding the concept of high risk jurisdictions 
  • The risk-based approach 
  • Measures to adopt to implement EDD

Why is the session of relevance to our members?

In this connection, when dealing with natural or legal persons established or linked with a non-reputable jurisdiction,subject persons are explicitly required to apply commensurate EDD (Enhanced Due Diligence) measures accordingly. The course shall provide participants with the necessary knowledge to identify the right measures to adopt in case of high risk and non-reputable jurisdictions 

    Target Audience


    • Subject Persons
    • Compliance officers
    • MLROs
    • Monitoring Functions
    • Directors of subject persons
    • Compliance executives

    Speaker's ProfilE

    Dr. Elizabeth Sammut Borg, a seasoned lawyer and compliance specialist, currently holds the
    position of Money Laundering Reporting Officer (MLRO) for both CSP and Retirement Pension
    Scheme companies. Previously, Elizabeth headed the the compliance and legal division as
    Director of Legal and Compliance at Dixcart Management Malta Limited, serving also as MLRO
    and Compliance Officer on companies licenced to offer CSP and trustee services.
    As a dedicated compliance specialist, Elizabeth focuses on navigating the intricate landscape
    of anti-money laundering and counter-financing of terrorism regulations as well as specialising
    in regulatory compliance for CSPs and trustees. Her extensive experience extends to serving
    as MLRO for CSPs, Trustees, and Fiduciaries, as well as retirement pension schemes
    companies. Beyond her role, Elizabeth provides AML training and guidance contributing to
    the development and enhancement of compliance standards within the industry.
    Dr Borg graduated as a lawyer in 2010, subsequently reading Master’s Degree in International
    Criminal Law, with the United Nations Interregional Crime Institute in Turin. Before joining
    Dixcart, Elizabeth served as an employment law prosecutor and also worked at the Court of
    the European Union in Luxembourg, as a legal jurist in the research and documentation
    department

    EVeNT CPE COMPETENCies

    2 Core

    WEBINARS TERMS AND CONDITIONS

    Terms and conditions  apply


    DISCLAIMER

    By Registering and/or Booking for this event, you agree that MIA will collect your information which will be using it in accordance with its Privacy Notice available at the following link.
    Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.
                   

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