Deloitte Webinar: CPD: AML Business Risk Assessment – needs and expectations in the gaming industry

Date                                       24 February 2021

Time                                       17:00–19:00 CET

Venue                                    Online

Price                                      €35

Registration link:             https://www.mitcentre.com/book-now/260/261

Webinar description

Regulators are increasing the pressure on gaming industry players to “up their game” around the prevention of money laundering. Therefore or that is why , the AML Business Risk Assessment is seen as key for the industry players to demonstrate their work and capabilities around setting risk-based AML control functions to mitigate the risk. It also underpins the risk-based approach that all subject persons, including online gaming industry players, are expected to take when developing their money laundering risk management processes.

This is an extremely practical course. It provides key background information around the expectations of regulators from this assessment by looking at how gaming is viewed vis-à-vis money laundering risks. It also provides detailed technical knowledge on how an organisation can carry out such an assessment as well as the governance and structures that need to be set up in order to support it.

Webinar topics

• Regulations, definition and key facts
• EU Supranational Risk Assessment, including scenarios identified
• Guidance available from various regulators
• The process and methodology around the risk assessment
• Risk scenarios applicable for the gaming industry
• Data analysis
• Reporting and governance

Learning objectives

The objective of this course is to provide attendees with the basic knowledge required to carry out the AML Business Risk Assessment for various jurisdictions.

Target audience

• MLROs
• Risk analysts
• Compliance officers
• Risk managers

Trainer name

Stefan Lia

Trainer bio and experience

Stefan Lia, ACII, BA (Hons), MSc, CRISC currently Heads the Governance, Risk and Compliance Function at Betsson Group. His responsibilities include coordinating internal audit, managing the group insurance program, designing and implementing and managing risk management and governance processes and acting as advisor to Operational Management on various matters.

Stefan started his career working with a Maltese insurer where he was responsible for Commercial Insurance underwriting. This was followed by a stint at the MFSA where he spend over four years as part of the Consumer Complaints Unit. Prior to joining Betsson in his current role, he was part of the team Risk Advisory at Deloitte Malta.

Stefan holds an Advanced Diploma in Insurance from the Chartered Insurance Institute, a BA Hons in Financial Services from University of Edinburgh Napier and MSc in Risk Management from Glasgow Caledonian University and is Certified in Risk and Information System Controls by ISACA.