This fast-paced session aims to looks at the money laundering risks in DNFPBs including real estate, high-value goods and the legal sector. Through practical tips and guidance, the session will explore the regulatory expectations, assessing AML/ CTF risks, building controls and employing a risk-based approach tailored to specific business products, services and sectors. The session will seek to clarify the role played by financial institutions that provide banking services to DNFBPs.
Discussing the recent regulatory updates, enforcement actions in Germany, the learnings for regulated entities, and adopting a partnership approach with law enforcement and FIUs
Reviewing how DNFBPs can assess their risk, implement controls, and develop best practices to embed a risk-based AML Program
Understanding the role of financial institutions who provide banking services to DNFBPs
Ultimate Beneficial Ownership (UBO)
AML Compliance Skills and KYC/CDD
Casino / Gaming