How to be an Effective MLRO (2)

Intake Opening Soon Online

This CPD is a continuation of the previously held “How to be an effective MLRO”

It will include a deeper discussion about the topics listed below and will provide a platform for deeper discussion on the topic. Ideal for anyone who attended the previous CPD and those who already have knowledge about this subject and would like to delve deeper into it.



The role and responsibilities of the Money Laundering Reporting Officer (MLRO) are wide and far-reaching. All subject persons are obliged to appoint the right individual to carry out these duties. Dr Rakele Cini will be delivering a seminar focusing on the role of the MLRO, the individual’s duties, and practical guidance on the daily challenges s/he faces in relation to the legal obligations of different subject persons.


Course Topics

  • MLRO Responsibilities & Daily Duties
  • New Reporting Procedures
  • Designated Employees
  • MLRO vs General Oversight Function vs Monitoring Function
  • MLRO vis-à-vis Employees & Board of Directors
  • MLRO Self-Assessment


Learning Objectives

  • To understand the role of the MLRO
  • To obtain a better understanding of the reporting obligations of an MLRO
  • To guide existing MLROs with recent changes in the Maltese regulatory framework
  • To obtain a better understanding of the interplay the MLRO has with other employees & with members of the board


Target Audience

  • Current MLROs
  • Proposed MLROs
  • Interim MLROs
  • Designated Employees
  • Board of Directors
  • Compliance Team Members



Assessment Questions and Answers

In line with MFSA requirements, a short multiple-choice assessment will be provided by the trainer towards the end of the session. A Certificate of Attendance will be awarded to all students who attend the CPD (duration will be included on certificate). A Certificate of Achievement will be awarded to those who sit for the assessment and are successful (pass mark 60%).

Total Learning Hours

Full course: 2 hours

Hours include contact hours, supervised practice hours, self-study hours and assesment hours.


Rakele Cini

Rakele 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.

I'm interested in this course

If you are interested to join this course when the intake is open please fill in the form below.

Why Choose Us

MITC is made up of a close-knit team with a real passion for learning and insurance, who believe in the continuous development and empowerment of individuals through learning. We understand all of the nuances and challenges that come with insurance training and, that is why we’re here to help you get your training right.

Our courses are developed following in-depth research and consultation on the subject matter and the related market, thus ensuring participant needs are met. All our trainers are experts in their field and actively contribute towards the continuous development of the courses which they deliver.

Our training services are accredited by the Malta Further and Higher Education Authority (MFHEA) and the European Qualifications Framework platforms. MITC’s homegrown insurance programmes are recognised by the renowned Chartered Insurance Institute, UK.

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