Customer Due Diligence | Best Practices – Malta [ONLINE LIVE SESSION]

90.00 Inc VAT

Wednesday 01 & 08 July 2020 | 09:00 (Europe/Malta)

Online Live Session

MIA Accreditation | 5 hours Core in terms of the Accountancy Board CPE Scheme.

Past Events



Customer Due Diligence (CDD) is the cornerstone of an effective AML/CFT Programme.  It is therefore critically important to fully understand the salient legislative provisions and be in a position to develop practical and effective measures.

With this in mind this two-part course has been designed to outline the regulatory requirements and expectations, as well as to detail good practice and offer workable solutions.

The first session will introduce the key concepts, and cover the following core elements:

  • Identification and verification procedures for customers, beneficial owners and intermediaries;
  • Understanding the nature and purpose of business relationships to develop a customer risk profile; and
  • Conducting ongoing monitoring for reporting suspicious transactions and maintaining and updating customer information.

The second session will provide guidance on how to complete a Customer Risk Assessment and on the application of a commensurate level of CDD, including both Simplified Due Diligence (SDD) and Enhanced Due Diligence (EDD) measures.

Specific areas that will be addressed throughout the two sessions include:

  • Beneficial Ownership;
  • Politically Exposed Persons;
  • Non-Reputable and High-Risk Jurisdictions;
  • Source of wealth and source of funds;
  • Timing of CDD procedures; and
  • Failure to complete CDD measures.

The course will include a few cases studies, exercises and discussion points, and as such will be highly practical and interactive.


Antonio Ghirlando is a seasoned regulatory and financial crime compliance specialist, focussing primarily on the prevention of money laundering, countering the funding of terrorism, combatting proliferation finance and sanctions.

Antonio currently serves as the Head of Compliance and Money Laundering Reporting Officer (MLRO) of a licensed institution.  He also remains actively involved in the provision of specialist advice, intuitive guidance, support and training to several clients seeking to ensure ongoing compliance with their regulatory obligations.

During his career Antonio has worked with various entities in both the financial and non-financial sectors.  He also headed the Compliance and Legal & International Sections of the Financial Intelligence Analysis Unit (FIAU) and served as the Secretary General of the Malta Bankers’ Association (MBA).

Antonio has been involved in a number of local and international committees, and has also presented numerous papers at various workshops, seminars, conferences and training events.  Antonio is a graduate of the University of the Witwatersrand in Johannesburg, South Africa.


Events Resources

Event Details

Day 1: 01/07/2020

Day 2: 08/07/2020

Start time: 09:00 CEST

End time: 11:45 CEST

Venue: Online Live Session

Phone: +356 27555560 / +356 77555560