Webinar: EU’s Latest AML/CTF Package: The Changes Financial Firms Need to Prepare for Now

Description:

In this session we will explore:

• How the new EU AML/CTF architecture fits together in practice: AMLA, AMLAR, AMLR, AMLD6, national supervisors and the move toward a more harmonised supervisory model. 
• The most significant changes introduced by the new Single Rulebook for financial firms and what is genuinely different from the current AMLD-based approach.
• The draft RTS on CDD, including the information firms may need to obtain for standard, simplified and enhanced due diligence; how purpose and intended nature may need to be evidenced; and how the RTS approaches non-face-to-face verification, virtual IBANs, e-money considerations and targeted financial sanctions screening.
• The importance of the draft criteria around business relationships, occasional transactions, linked transactions and lower thresholds and how these may affect customer acceptance, trigger events, transaction aggregation and control design.
• The likely impact on policies, procedures, customer files, remediation plans, screening tools, operating models, governance and board oversight.
• A practical roadmap, including what firms should prioritise now to avoid compressed implementation risk later
• Open Q&A session.

Who Should Attend

• MLROs and financial crime professionals
• Compliance, legal, risk and audit professionals
• Onboarding/KYC and sanctions teams
• Senior management and board members

🚀 Access to Resources

All registrants will receive:

• A recording of the session.
• Complimentary access to ViCA, including 20 free queries, to support ongoing regulatory insight and compliance research.
• No subscription or payment required.