How to prepare the AMLCO Annual Report in 2023
online video recordings
certification of 5 hours of CPD
Director of Risk & Compliance at SALVUS Funds
- Member of the Global Institute of Internal Auditors (IIA)
- Member of the Cyprus Investment Funds Association (CIFA)
- Certified Actuarial Analyst (CAA)
- CySEC Advanced Certified Person
- CySEC certified Anti-Money Laundering Compliance Officer (AMLCO)
what is the AMLCO Annual Report course and how does it assist in its preparation in 2023?
The AMLCO Annual Report constitutes a reporting obligation of crypto-asset, investment and payment services regulated entities, discussing matters of compliance within the AML/CFT framework. The Cyprus Securities and Exchange Commission (CySEC), in its annual desk-based thematic assessment and dedicated circulars on this matter, has emphasized the importance it places on the submission of a complete and accurate AMLCO Annual Report.
The course has been developed by SALVUS Funds to provide professionals with guidance on how to prepare the AMLCO Annual Report in accordance with regulatory standards. The Regulatory Compliance team at SALVUS has accumulated vast experience on preparing annual reports for its clients that are regulated entities offering investment, crypto and payment services. This first-hand experience in preparing the AMLCO report is distilled into this course.
This self-paced learning, self-study course is designed for professionals working in key positions in CIF, CASP and other regulated entities offering investment, payment, and crypto-asset services. Professionals who complete this course will gain competencies to develop a comprehensive AMLCO Annual Report and provide the regulator with the required information, tailored to their company AML policies and procedures. In addition, they will also be best prepared to avoid common weaknesses in AMLCO reports, as identified and reported by the regulator. This course can assist the members of the Board of Directors of regulated entities offering payment, investment and crypto-asset services in reviewing and approving the Company’s Annual AMLCO Report, before its submission to the regulator.
The completion of this course counts towards Continuous Professional Development (CPD) annual requirements for CySEC Advanced, Basic and AML certifications.