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M25063 - Customer Due Diligence (CDD) in practice: Identification and verification procedures (Online)

  • 22 Jul 2025
  • 09:15 - 12:30
  • Online Webinar

Registration


Register
Registration Time: 09:00
Sessions Time: 09:15 - 12:30  including a 15-minute break
Speaker: Dr Elizabeth Sammut Borg 
Venue:   Online Webinar
Participation Fees 
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

Customer Due Diligence (CDD) is an essential process that enables businesses to accurately identify and verify their customers before conducting financial transactions. As regulatory expectations continue to evolve, organisations must implement robust identification and verification procedures to mitigate risks such as fraud, money laundering, and financial crime.
This session will focus on the practical application of CDD, particularly the identification and verification processes required to meet compliance standards effectively. Attendees will gain valuable insights into the latest regulatory requirements, industry best practices, and the challenges of executing thorough due diligence in real-world scenarios.

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

• Introduction to CDD: Definition, objectives, and regulatory frameworks.
• Identification & Verification Procedures: Identification data required and methods for verifying customer and relevant party data.
• Enhanced Due Diligence (EDD): When and how to apply stricter verification measures.
• Best Practices & Compliance: Practical strategies for implementing effective CDD procedures.
• Regulatory updates: Reference to the regulatory expectations and any upcoming changes.

Why is the session of relevance to our members?

In today’s regulatory landscape, ensuring robust customer due diligence is more critical than ever. This session will equip attendees with practical insights, compliance strategies, and real-world applications to enhance their CDD processes. Whether you’re a seasoned professional or new to compliance, this session will provide actionable knowledge to safeguard your business and stay ahead of evolving regulations.

    Target Audience

    This session is ideal for:
    • 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) and Compliance Officer for
    Investment Firms, 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


      3  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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