Malta Institute of Accountants Conference to tackle 4th Anti-Money Laundering Directive

The Malta Institute of Accountants will be organising a conference about the recently enacted ‘Anti-Money Laundering Directive’.

The European Union’s 4th Anti-Money Laundering Directive includes some fundamental changes to the anti-money laundering procedures, including changes to customer due diligence, a central register for beneficial owners, a focus on the risk based procedure and other changes.

Money laundering and terrorist financing can threaten international economic stability. Combatting fraud, corruption and money laundering must be a joint effort by all relevant parties, including executives, the accountancy profession, regulators, standard setters and the financial sector.

The Malta Institute of Accountants believes that these issues should be addressed immediately, with the ultimate scope of promoting financial integrity and growth for the benefit of all.

The conference will be bringing together leading experts to provide the latest information on the current anti-money laundering and counter terrorist financing developments and requirements. These include Keynote speakers include Dr Manfred Galdes (ARQ Group Malta), Dr Ian Gauci (GTG Advocates), Dr Rakele Gauci (BDO Malta) Dr Alex Mangion (FIAU), Dr Anthony Cremona (Ganado Advocates) and other experts in the field.

Sessions and a panel discussion will give first-hand knowledge discussing topics such as changes brought about by the 4th AntiMoney Laundering Directive, the upcoming Moneyval inspection, the Beneficial Ownership Register, and the interaction of GDPR and Blockchain on AML.