CPD: The role of the MLRO

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General information

5 August 2020
17:00–19:00 CET

Webinar topics

  • An introduction to PMLFTR
  • Reviewing regulation 15 of PMLFTR
  • Who qualifies as a subject person?
  • The main duties of the MLRO
  • Who can be appointed as MLRO?
  • Appointment and resignation procedures of the MLRO
  • The designated employee
  • The monitoring function
  • Internal reporting obligations
  • External reporting obligations (STRs)
  • The contents of a Suspicious Transaction Report (STR)
  • Monitoring orders

Learning objectives

Participants will be trained on the regulation that the role of MLRO falls under. Furthermore, the course will cover the obligations that the MLRO and the subject person are expected to meet on an ongoing basis. The course will also allow participants to understand other obligations which are directly and indirectly linked with the role of the MLRO such as internal and external reporting.

Target audience

Current MLROs, prospective MLROs, Compliance and Management of Subject Persons.

Trainer name

Mr John Caruana

Trainer(s) bio and experience

John has over 10 years of experience within the financial services industry in compliance, MLRO, Directorships of collective investment schemes, FX trading, Hedging, and investment advice. He graduated with Honours in Banking & Finance in 2008 and achieved a Master of Science in Banking & Finance in 2015 where he was awarded an Honors Roll by the University of Malta and best dissertation award by the Malta Stock Exchange. In July 2018, John was the first Maltese resident to be awarded two qualifications in Data Privacy by the International Association of Privacy Professionals (IAPP) being the Certified Information Privacy Professional / Europe (CIPP/E) and Certified Information Privacy Manager (CIPM). John currently holds a position of Head of Compliance within a local Audit Group. He is a fellow member of the Malta Compliance Officers Association (MACO) and a member of the International Association of Privacy Professionals.