Course Description and topics covered

The Course will cover the following topics:

• Overview of the EU’s New AML/CFT Package
  • What was the basis of EU New AML/CFT package?
  • How is the new Union’s Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) framework structured
  • What is the AMLR?
  • AMLD, national legislation, or AMLR?
  • Identification of specific ML/TF risk in a sector
  • Impact on Financial Institutions & Obliged Entities
  • Strategic Implications
  • Harmonisation Pillars
  • Key Milestones & Timeline
• The necessity for the reform – problems with the current AML/CFT regime – remedy the discrepancies
  • Why this reform was necessary?
  • What were the problems with the current AML/CFT regime?
  • How the new EU AML/CFT framework will remedy the discrepancies?
• AMLA REGULATION
  • Overview
  • Core Functions
  • Direct Supervision
  • Indirect Supervision
  • AMLA and FIUs — A Major Change
  • When will the AMLA be active?
  • What is the role AMLA?
  • What is the institutional role of AMLA?
  • What will the AMLA do?
  • How will AMLA address the regulatory gaps?
  • AMLA’s core tasks
  • Regulatory Technical Standards and Implementing Technical Standards (RTS / ITS)
  • AMLA’s impact on Europe’s compliance
• AMLA’s Single Programming Document 2026 –2028
  • What is the Single Programming Document (SPD)?
    • Delivering on core regulatory mandates
    • Advancing direct supervision
    • Operationalizing the FIU framework
    • Setting up indirect supervision and oversight
    • Building AMLA’s risk frameworks
  • Organizational development
  • What happens next?
  • AMLA will not replace National supervisors and FIUs
  • Supervising digital finance – Activities of crypto-assets and DeFi platforms
  • Cooperation with non-EU jurisdictions
  • Which entities will the Authority supervise directly, and how?
  • What is the role of AMLA in relation to sanctions implementation?
• Key Changes Introduced by the New AML Regulation (AMLR)
  • Removes national discretion
  • Main Objectives
  • Additions to the list of obliged entities
  • Stricter due diligence obligations
  • Transactions in cash – Cash Payment Cap
  • High-value goods
  • Beneficial-Ownership
  • Beneficial-Ownership Threshold
  • Beneficial ownership and registers
  • Access to the beneficial ownership registers
  • Group-Wide AML Policies
  • Real estate single access point
  • The new rules improve the use of financial intelligence to prevent and combat money laundering, its predicate offences and terrorist financing
  • Partnerships for information sharing
  • Third countries policy and ML/TF threats from outside the Union
  • Crypto sector
    • Basic information of crypto
    • AML challenges in crypto
    • Key points outlined by AMLA regarding the crypto
    • New rules regarding transfers of crypto-assets
    • Application of the EU AML/CFT rules to the crypto sector
    • The application of AML/CFT rules to the crypto sector will not stifle innovation
    • Summary of what the new AML framework change in the crypto sector
    • Crypto providers must conduct an AMLR Gap Assessment
  • Digital identification
  • Summary: the rulebook (AML Regulation, AML Directive and recast of Fund Transfer Regulation)

Course Duration

This Course will be presented Online Live on 17 November 2026 at 10:00 – 15:30. The Course duration is 5 hours.

The Course is addressed to:

This Course is addressed to all individuals who practice Anti-Money Laundering or interested to learn or enhance their knowledge in Money Laundering such as:

• Compliance/AML Managers and staff in Banks, Investment Firms, Investment Funds, ASPs, Trust Service Corporate Providers, Accountants, Auditors and Lawyers.
• Employees of Banks, Investment Firms, Investment Funds, ASPs, Trust Service Corporate Providers, Accountants, Auditors and Law Firms who are involved or interested to learn or enhance their knowledge in Money Laundering.
• Executive Directors, Non-executive directors, Senior Managers, Compliance Officers, Risk Managers, Product Managers, Portfolio Managers, Investment Advisors, Dealers, Marketing Managers and in general employees of investment firms, funds, ASPs. Law firms, Accountants, Auditors.
• Internal Auditors
• Consultants
• Lawyers

It is also suitable to professionals pursuing CPD in Anti-Money Laundering for the renewal of CySEC Certificate (CySEC Basic or CySEC Advance Certificate or CySEC AML Certificate) or other relevant certificates in other jurisdictions.

Training Method

Live Online

At the end of the Course, participants take a Quiz. A Certificate of Completion shall be issued and sent to participants after the Course is completed.

Accreditation and CPD Recognition

The course may be accredited by regulators and other bodies for up to 5 CPD Units, that require CPD training in financial regulation. The Course may be also approved for up to 5 CPD Units by institutions that approve general financial training, such as the CySEC, ICPAC, CBA, CISI, ICA and ACAMS.

Eligibility criteria and CPD Units are verified directly by your association or other bodies in which you hold membership.

Registration and Access

To register to this Course, click “Take this Course” above to pay online and register for this Course. After your registration, you will receive an email with information for the Live Online presentation of the Course.

If you are purchasing this Course on behalf of others, please be advised that you will need to create or use their personal profile before finalizing your payment.

If you wish to receive an invoice instead of paying online, please complete and submit the Registration Form or Contact us by email. Talk to us for our special Corporate Group rates.

Instructor

Experience

George Papanicolaou has more than 25-years’ experience in the Financial industry. He worked for several years in managerial positions as area Manager, Head of Brokerage, Compliance Officer, Anti Money Laundering Officer, General Manager and Executive Director in Cypriot Investment Firms and currently is the Managing Director of GP GLOBAL LTD offering consulting services and training courses to Investment Firms and ASPs focuses in Internal Audit, compliance & AML issues. He offered numerous courses/seminars both in Cyprus and abroad in Investment Firms Law as well as in Compliance & Anti Money Laundering. George Papanicolaou is also a Chairman of a Nomination Committee in a company listed in the Oslo Stock Exchange.

Education

George Papanicolaou holds a BSc in Electronic Engineering from the University of Texas at Austin (USA) as a Fulbright Scholar, an MBA with specialization in Finance from Leicester University (UK) and a Postgraduate Certificate in the Mechanics of Risk Management from Middlesex University (UK).

He also holds an ICA International Diploma in Anti Money Laundering from the International Compliance Association and the University of Manchester, as well as an Advance and Money Laundering certificate from the Cyprus Securities and Exchange Commission for the provision of investment services/activities.

George Papanicolaou is member of the AML and Compliance Committee of the Institute of Certified Public Accountants of Cyprus (ICPAC), Fellow of the International Compliance Association (FICA), Mentor of ICA new students and member of the Cyprus Institute of Internal Auditors.

See more Courses from George Papanicolaou

Click “Take this Course” above to Register Online

OR