Insurers and intermediaries are required to take effective measures to combat money laundering and the financing of terrorism.
During this workshop, we will discuss the vulnerabilities of the insurance industry to the risks of money laundering and terrorist financing. Participants will learn to develop and implement a risk based approach to detect and prevent money laundering and the financing of terrorism that enables the insurer to comply with the legislation and minimize the risks.
- Activities that constitute the offence of Money Laundering
- Vulnerabilities in Insurance
- Responsibility of Senior Management
- Risk based approach to detect and prevent money laundering
- Customer Due Diligence
- High Standard screening and training
- Evidence of Compliance
Mr. Mark Camilleri FCII,
Certified Anti-Money Laundering Specialist
Mark is Chief Underwriting Officer and MLRO at MAPFRE MSV Life Insurance Company. He is an experienced professional with more than thirty eight years experience in the life insurance industry.spans all departments thus accumulating first hand knowledge of the workings of the different departments and how they inter link with each other.
In 2004 he obtained the Certified Anti-Money Laundering Specialist diploma and has been involved in the prevention of money laundering and risk management ever since. He has authored several articles on the subject of Prevention of money laundering in the insurance world which were published in US, UK publications and various websites.
Check out his profile here.
Interact with the tutor
6 hours of Guided Learning Hours through Virtual Live Classes
End of topic practice quizzes
Case studies and assignments
Grade Book
Private Study
Interactive online lessons
Short videos explaining key concepts
Online viewing of powerpoint presentations
Practice exam with feedback
Links to further learning resources
Live class recordings
Mobile app
Group Dynamics
Discussion fora
Messaging
Group work
Profile sharing
Customer help line
Whatsapp group
This price is inclusive of 5% VAT.
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