KPMG Malta recently organised a virtual fireside session alongside the MGA and FIAU, entitled 'Current themes in AML/CFT - Insights from the Regulators'. The session forms part of the 'KPMG eSummit Virtual Series', an initiative that was launched in the absence of physical conferences.
We were pleased to gather three leading industry figures for an insightful discussion, namely:
- Alex Azzopardi, Director, Risk Consulting Advisory, KPMG Malta
- Kenneth Farrugia, Director, Financial Intelligence Analysis Unit (FIAU)
- Joseph Attard, Head of Compliance and Anti-Money Laundering |
MLRO, Malta
Gaming Authority (MGA)
During this virtual fireside session, our esteemed guests shared
insight on several areas of relevance to AML/CFT,
including:
- Emerging trends, risks, threats and typologies
- Best practices for monitoring and supervision
- Common pitfalls and shortcomings
- The need for strong policies, procedures, IT-driven controls and human intervention
- Increased levels of collaboration between the MGA and FIAU
- The importance of employing and empowering independent MLROs
- The benefits of third-party AML/CFT audits and
assessments
You may view the video content itself
here.
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