AML/CFT Obligations for Accountants & Auditors

What is the role of accountants and auditors in the fight against money laundering and funding of terrorism? Accountants and Auditors have been subject persons for many years, with the FIAU issuing sector-specific guidance in the form of Implementing Procedures Part II in 2022. Dr Rakele Cini will be delivering a targeted session to look at the specific obligations of accountants and auditors and how the industry has reacted to the provisions in this sought-after guidance document.

The Speaker

Dr Rakele Cini 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.