In this lecture, we will delve into the intricate webs of money laundering and tax evasion, phenomena that universally impair economic stability and fairness. With a particular focus on Malta’s context and its regulatory framework, we will dissect various money-laundering schemes and tax evasion tactics, aiming to equip Anti-Money Laundering (AML) professionals with astute skills to detect, mitigate, and combat these illicit financial flows. Exploring case studies, we will dissect mechanisms employed by criminals to exploit the financial system, while examining the role and efficacy of AML policies, technology, and international cooperation in curtailing such activities. Participants will gain invaluable, practical insights into identifying vulnerabilities and enforcing compliance, fostering a robust financial environment.
John Mark Caruana is one of the co-founders of Radix Compliance Ltd, a local company specialising in AML & GDPR consultancy and outsourcing services. John has over 13 years of experience within various industries, including funds, FX, investments, CSPs and Audit. John holds a B.Com (Hons) degree in Banking & Finance and a Masters of Science in Banking & Finance, both awarded by the University of Malta. He is also a Certified Information Privacy Professional (Europe) and a Certified Information Privacy Manager (CIPM) as recognised by the International Association of Privacy Professionals. John is also a member of the Malta Association of Compliance Officers (MACO). John occupies positions of MLRO, Data Protection Officer and Compliance Director within tax, accounting and gaming industries. He also lectures on AML & GDPR related topics at the University of Malta and other local institutions.