Written on Monday, 19 March 2018
When we are all about to completely digest 4AMLD there is already 5AMLD around the corner waiting for us. Therefore, I thought that you would appreciated the following document that compares 4AMLD with the upcoming 5AMLD in a structured and simple way:
Written on Saturday, 17 March 2018
Regulators are holding financial institutions responsible for the real-life consequences of anti-money laundering (AML) failures. Firms must reconfigure their transaction monitoring programs to identify the emergent, multi-dimensional money laundering and terrorism finance methods that are defeating today’s rules-based detection scenarios.
We explore what exactly Blockchain is, what it means for corporates around the world and how it might impact the status quo of banking.
Please kindly bear in mind that some of the course titles are subject to changes even though the topics covered will be in-line with the above descriptions.
One or two dates might need to be changed. We will send you in due course the final invite for the above events with the respective booking forms for the seminars, nevertheless we wanted already make you aware of the dates for those events allowing you to make appropriate arrangements to attend the seminars in question.
Written on Wednesday, 14 March 2018
HM Government of Gibraltar has today published a white paper covering “Token Regulation”. The document can be viewed by clicking on this link to the Gibraltar Finance website.
Written on Thursday, 08 March 2018
The British Government has today confirmed that Gibraltar Financial Services providers and Gibraltar gaming operators will continue to have access to the U.K. markets post-Brexit by means of a bilateral arrangement designed to secure freedom of movement of services between Gibraltar and the United Kingdom.
Written on Wednesday, 28 February 2018
We are thrilled to announce the publication of our Operational Due Diligence Guide to Best Practice Standards.
With MiFID II and the advent of GDPR, compliance and regulatory standards are very much in the spotlight. This means ensuring your firm meets these standards from an operational due diligence (ODD) perspective has never been more important.
Written on Tuesday, 27 February 2018
Dear Madams,Dear Sirs,
As I am sure you are aware Estate Agents and High Value Dealers need now to follow the requirements of the Proceeds of Crimes Act. Non-compliance does of course have potentially severe consequences on your business and the Office of Fair Trading (OFT) has the responsibility of supervising adherence to the law.
Written on Thursday, 15 February 2018
GACO in conjunction with HAT Group of Accountants is very happy to organise this Evening Seminar on the subject of better understanding your obligations in terms of accounting and disclosure requirements for Gibraltar Companies.
Written on Wednesday, 07 February 2018
The risks for MLROs are high. If authorities can prove that preventions for money laundering were not sufficient then it could lead to imprisonment.
Each firm within the UK regulated financial services sector is required to appoint a Money Laundering Reporting Officer (MLRO) who is the focal point for a firm’s adherence to anti-money laundering and terrorist financing regulations, reporting to a director or senior manager.
GACO together with Rock Learning are offering a one-day training seminar with a UK-based Data Protection Consultant on the additional duties that will be required under the GDPR for DPOs.
Suitable for Data Protection Professionals, Lawyers, Compliance Officers, MLROs & Senior Management who already have a basic understanding of the new legislation.
Written on Thursday, 25 January 2018
GACO together with GII sucessfully organised and conducted a seminar with Intelect Solutions on Internet Investigative Skills - Digital Due Diligence Program, whereby Conlin Tansley MSc, M.A.B.I., showed the participants how to make their online searches more efficient and effective.
Gibraltar Association of Compliance Officers,
PO Box 1493, Gibraltar