An analysis of the new AML Regulations (The EU AML Package) will be discussed. This includes the new AML Single Rulebook, the new AML Authority (AMLA), the transfer of funds regulation (revamp) and the 6th AML Directive. In the lecture, the main changes in the regulation will be discussed, including the new 'obliged entities' that will be in scope of the regulation from July 2027 onwards. The preparation of the changeover from the current legislation to the new framework will also be discussed.
The Speaker
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.