Cyprus Bar Association Anti Money Laundering Seminar

Associates Christia-Lydia Kastellani and Alexandros Efstathiou attended a seminar on anti-money laundering procedures and terrorist funding, on 20 November 2015, organised by the Cyprus Bar Association and held at the Ministry of Finance.

Jacqueline Loizides-Lambert, Founder of LJ Compliance Consulting, opened the seminar with a presentation on the duties of compliance officers and a practical application of these duties.

The presentation was followed by keynote speaker, Rakis Christophorou, Managing Director of Global AML Services Limited, who presented to the attendees the risk-based approach to anti-money laundering procedures, basic criteria of client categorisation, and continuous monitoring of client activities.