How to prepare the AMLCO Annual Report in 2024

A self-study course that guides the learner in preparing the Anti-Money Laundering Compliance Officer’s (AMLCO) Annual Report in 2024 by outlining all the information required to be included and describing practices to be avoided. Additionally, this course provides a suggested content structure based on the applicable legislation and the experience of the SALVUS Funds Regulatory Compliance team in producing AMLCO reports for clients for over a decade.

The course is suited and recommended for the fulfilment of the annual Continuous Professional Development (CPD) requirements of the AMLCO, AMLCO Assistant, Alternate AMLCO, as well as professionals working in Cyprus Investment Firms (CIF), Crypto-Asset Services Providers (CASP) and other CySEC regulated entities. The course is also recommended for members of the Board of Directors, as they are ultimately responsible to review and approve the Annual AMLCO Report before submission to the regulator. In addition, it is of value to lawyers and accountants working with regulated investment firms.

Instructor

Evdokia Pitsillidou

Format

Online self-study

5 hours of CPD

Price

120€

course contents

your instructor

Evdokia Pitsillidou

Evdokia, a partner at SALVUS Funds, is actively advising and working on all matters related to licensing, regulatory compliance, and internal audit for investment firms, funds, Electronic Money Institutions (EMI) & Crypto-Asset Services Providers (CASP).

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)

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.

Guaranteed Security using one of the most advanced encrypted systems on the market.

The information in this page is being processed and encrypted securely using industry-leading encryption and fraud prevention tools.