This course will enable the learner to

• Understand the concept of money laundering;
• Appreciate the importance of AML regulation in combatting crime, fraud and terrorism;
• Become aware of obligations under arising under the Prevention of Money Laundering Act,
• Prevention of Money Laundering and Funding of Terrorism of Regulations and other relevant legislation and guidelines;
• Understand the main responsibilities of Senior Management and the Money Laundering Reporting Officer (‘MLRO’);
• Learn about industry-specific good practice guidance and direction on AML programmes;
• Conduct proper customer due diligence procedures;
• Develop and implement effective systems and controls for the prevention and detection of AML;
• Define the role of the Financial Intelligence Analysis Unit (FIAU).
• Course updated with the latest 5th AML Directive Developments

Accreditation and MQF level

A CPD Award accredited with 4 ECTS credits (MQF Level 5) by the National Commission for Further and Higher Education (NCFHE) in Anti-Money Laundering and Funding of Terrorism will be presented to delegates who obtain a minimum pass in a 2 hour examination (100% of final grade).

Course Duration & Examination Date

4 modules spread over 8 evening sessions (17:30 – 20:45), between February and April 2020.

Entry requirements

The entry requirements for this course are 5 O-Levels and 2 A-Levels OR a minimum of 3 years working experience in Business Administration.

Venue

Tower Training Centre
Lower Ground Floor, Tower Business Centre, Tower Street, Swatar, Malta. (view map)

(Free parking available at level minus 5)

Course Outline & Dates

Trainers

Dr. Rakele Cini

Dr Rakele Cini is an independent legal consultant with many years of experience in AML/CFT, regulatory and compliance advisory. She primarily advises local & international firms / practitioners operating within the regulated industries on matters relating to the prevention of money laundering & funding of terrorism, due diligence, risk management, good governance, and other compliance areas. She is invited to lecture regularly by private institutions and regulatory bodies on these topics. She was previously head of Risk & Compliance at BDO Malta and, prior to that, formed part of the practice protection group at Deloitte Malta for numerous years.

Dr Manfred Galdes

Dr Manfred Galdes is one of Malta’s foremost AML/CFT and compliance specialists, having formerly headed the Financial Intelligence Analysis Unit, the agency responsible for the regulation and supervision of all entities subject to anti-money laundering and counter-terrorism financing obligations. He recently joined a local Risk & Compliance company, leading a multi-disciplinary team of professionals providing specialist advisory and support services to private and public entities in the field of AML/CFT and financial crime compliance.

During his tenure at the FIAU he spearheaded the development of an effective risk-based supervisory framework and dedicated himself to refining Malta’s capabilities in fighting financial crime. Over the years he also chaired various domestic committees and represented Malta on international bodies and expert groups set up to contribute to the establishment of EU and international AML/CFT standards and the evaluation of country and institutional compliance with these standards.

Dr Galdes has been involved in the drafting of various laws and lectures on the subject of prevention of money laundering and other areas of law. He was also responsible for co-ordinating Malta’s first AML/CFT National Risk Assessment

After graduating Doctor of Laws from the University of Malta in 2001, Dr Galdes was then conferred the LL.M. degree in EU Commercial Law by the University of Leicester in 2006.

Testimonials

• Lead Training Services have recently organised, to our utmost satisfaction a n accredited course leading to the Certification in Anti-Money Laundering and Funding of Terrorism.
  Both the training delivery and learning content have served us very well in this critical, compliance training requirement within the financial services industry.
  Paul Gauci,
  Executive Head, Training Centre, Bank of Valletta
• I attended an Anti-Money Laundering and Funding of Terrorism compliance course and found the content and structure of the course most useful. The course was tested with an exam at the end and a certificate was issued; the course content was excellent and both presenters over the 6 weeks of the course provided a high quality of training. The fact that the course was tested at the end was most useful as it confirmed the value we received from attending.
  Philip Eatonrichards,
  Managing Partners Group
• I have attended the course ‘Certificate in Anti-Money Laundering and Funding of Terrorism’ and I must say it was very interesting and very relevant to the practical side of today’s real case situations. The tutors were very understanding and focussed and LEAD’s admin was pretty much up to scratch to ensure we were being provided a good service. I shall definitely be using LEAD training services again and would definitely recommend to others.
  Marc Vella Bonanno,
  MVB Financial Consultancy
• The course combines the general approach towards the concept and the characteristics of the money laundering with a thorough and encompassing analysis of the Maltese and international regulations. The lecturers are very professional and efficient in providing the information and, most importantly, in facilitating the student to think independently and to build a critical thinking. Apart from the theory, the course abounds in case studies and concrete examples, which help the student comprehend the applicability of the AML rules in real-life situations.
  I strongly recommend this course and consider it a good opportunity to learn about the AML legal rules and obligations, as well as to understand the role and importance of the public authorities, company’s management and the MLRO in preventing and fighting money laundering.
  Dan Botnari, July 2019
• It was a very interesting course with great and very helpful lecturers. Will definitely recommend this course or any other courses as even the service offered by LEAD staff was great. Thank you for having this course and giving me the opportunity to learn more on the subject.
  Michelle Camilleri, April 2019
• The lecturers were great, so knowledgeable in the subject and with the right expertise how to pass the information on to the students. It was a pleasure to undertake this course, which i fully recommend!
  Roseanne Calleja, October 2018
• Very interesting course. Lectures have a good experience in the subject and we could learn a lot from them. Lead Training Services staff are also very helpful and organised. Will definitely attend other courses at Lead Training Services.
  Alona Massa, October 2018
• A well organised course with professional tutors in their field, held in a pleasant and central location with ample parking. Looking forward to the next.
  Patrick Xuereb, October 2017