Date 13 May 2021
Time 17:00–19:00 CET
Registration link https://www.mitcentre.com/book-now/294/295
Dr Rakele Cini will be delivering a session to delve into the definition of “Politically Exposed Persons” (PEPs) in terms of Maltese Regulations, recent changes brought about by the 5th EU Anti-Money Laundering Directive, and the methods of how to identify such individuals. In principle, there are no specific prohibitions from servicing PEPs, both as customers and where the beneficial owner of customers is a PEP. However, subject persons must implement measures and controls to deal with this heightened-risk category. A number of specific customer due diligence criteria need to be met on an ongoing basis.
Dr Rakele Cini
Trainer bio & experience
Dr Rakele Cini is an independent legal consultant with many years of experience in AML/CFT, regulatory and compliance advisory. She primarily advises local & international firms / practitioners operating within the regulated industries on matters relating to the prevention of money laundering & funding of terrorism, due diligence, risk management, good governance, and other compliance areas. She is invited to lecture regularly by private institutions and regulatory bodies on these topics. She was previously head of Risk & Compliance at BDO Malta and, prior to that, formed part of the practice protection group at Deloitte Malta for numerous years. Rakele is an active member of the PMLFT sub-committee at the Malta Institute of Accountants and the Institute of Financial Services Practitioners.