AML Sessions

Announcements

Academy Documents

Online Sessions Link

To connect to the online sessions of this study programme please click on the respective links below. You will be asked to register your attendance if you are not already signed in into your Zoom account. You will also be asked for the password which you find below the link.

Session 01 - link

Meeting ID: 977 1191 5316

Passcode: 382230

Session 02 - link

Meeting ID: 925 6103 3626

Passcode: 166226

Make sure that you show with your name & surname as you have been registered for the study programme. This is very important for attendance purposes.

Lecture Schedule & Notes

Lecture notes will be available during the week following the respective lecture. Schedule dates are indicative and may change. All changes, if any, may be communicated via email, SMS or telephone calls.

Lecture	Date	Time	Presentation	Notes (If Any)
Lecture 01	15 November 2021	09:00 to 11:30hrs	Session 01 PPP
Lecture 02	30 November 2021	09:00 to 11:30hrs	Session 02 PPP

Lecturer

Mr Peter Mizzi

Lecture Summaries & Suggested Reading

Lecture 1 - Introduction to Anti-Money Laundering and Funding of Terrorism and understanding the impact of non- compliance

This lecture will delve into the definition of the offences of money laundering and funding of terrorism from a theoretical perspective. The roles of international and European law-making bodies will also be discussed. Through this lecture, participants should develop a practical understanding of the notions of money laundering and funding of terrorism and articulate a general understanding of the Global/European and articulate an understanding of regulatory requirements and obligations to business management and directors.

Core Reading List

Financial Intelligence Analysis Unit, Part I, Implementing Procedures- Chapter 1
Prevention of Money Laundering Act (Cap.373 of Laws of Malta)
Prevention of Money Laundering and Funding of Terrorism Regulations (Subsidiary Legislation 373.01)
Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC (“4th AML Directive)
Directive 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, and amending Directives 2009/138/EC and 2013/36/EU (“5th AML Directive”)

Supplementary Reading List

Cox, D., (2014). Handbook of Anti-Money Laundering
Parkna, T., (2012) Mastering Anti-Money Laundering and Counter Terrorist Financing
Brian Seymour (2008) Global Money Laundering, Journal of Applied Security Research, 3:3-4, 373-387, DOI: 10.1080/19361610801981001 available at https://www.tandfonline.com/doi/abs/10.1080/19361610801981001?journalCode=wasr20

Lecture 2 - Application of a Risk based approach

This lecture will analyse in detail the requirements around the risk-based approach, including the BRA and CRA requirements and the application of SDD and EDD. Attendees should therefore develop an understanding of the application of a risk-based approach.