This course can be delivered to your organisation as part of our bespoke Corporate Training Solutions, at your own time and your own convenience. Contact us on kla@kpmg.com.mt or call us on +356 2563 6363 or on +356 9963 6363 for more information on how we can take care of your organisation’s training needs.

Overview:

This course, offered by the KPMG Learning Academy, is specifically designed for the iGaming sector. It will benefit professionals working as a MLRO and designates in various roles within the online gaming industry, while also benefitting directors of obliged entities, and more advanced AML, risk and compliance professionals. The training provides a comprehensive understanding of the role of the Money Laundering Reporting Officer (MLRO) in the iGaming industry, covering crucial areas such as AML regulatory frameworks, and in-depth analyses of business risk assessment (BRA) and customer risk assessment (CRA). Participants will deepen their knowledge of customer due diligence (CDD), including the identification and verification of players, source of wealth and funds, and ongoing monitoring procedures. Additionally, the training delves into enhanced due diligence (EDD), politically exposed persons (PEPs), sanctions, reliance, outsourcing, the reporting obligations of MLROs, including guidance for corporate licensees, the risk evaluation questionnaires (REQ), and common shortcomings from compliance examinations.

The course enhances participants’ understanding of the new AML Package and its impact on CDD processes for gaming services. Lastly, the course will cover the differences between anti-money laundering (AML) and terrorism financing (TF) measures.

Course Outline:

• Comprehensive insight into the role and responsibilities of the MLRO in the iGaming sector
• Understanding the local AML regulatory framework
• Overview of Business Risk Assessment (BRA), Customer Risk Assessment (CRA), and Customer Acceptance Policy (CAP) specific to the iGaming industry
• Knowledge of KYC principles, Customer Due Diligence, Enhanced Due Diligence and Politically Exposed Persons
• Understanding the new AML Package and its impact on CDD processes
• Application of real-world examples and case studies specific to the iGaming sector

Target Audience:

This training session is designed for MLROs (including the designates), regulatory compliance professionals, risk managers, staff members working within the AML function, and those interested in furthering their knowledge within the AML/CFT and compliance functions of the iGaming sector.

Pre-requisites:

This course would be particularly helpful to individuals working on AML/CFT in the remote gaming industry.

Dates & Times:

• 18/02/2025, 09:00-11:00
• 19/02/2025, 09:00-11:00

Venue: Live online session – details of how to join the meeting will be sent once registration is complete.

Fee: €160 (both sessions)

CPE Hours: This course qualifies for 2 sessions of 2 hours each, for a total of 4 hours of Structured CPE which can be classified as Core Competency. A certificate of attendance will be provided to each participant after the session.

Trainer:

Keith Tabone Jacono, Assistant Manager, Risk Consulting Advisory Services, KPMG in Malta

Keith obtained a Master of Arts in International Affairs with a focus on Financial Intelligence and Countering the Financing of Terrorism (CFT) including International Sanctions regimes, and has over 4 years of experience within Anti-Money Laundering (AML) teams.

Within his role at KPMG, Keith assists local and foreign companies in the testing of their AML/CFT related policies, procedures and controls. Prior to joining KPMG, Keith has worked as a Financial Crime Analyst with one of the largest online gaming operators, working with teams in the UK, Europe, and Malta across a number of brands and has also worked at a local bank. Keith has worked on updating policies and procedures in line with changing AML Directives, improving repeatability and auditability of AML team workflows and processes, developing frameworks for performing remediation actions, and lead automation projects for AML teams while coordinating with internal and external teams. Other responsibilities included, replying to requests for information, sanctions and adverse media screening, process gap identification and remediation, and collating MIS information.

Keith has obtained internationally recognised AML/CFT certifications in betting and gambling, and compliance in financial services, namely, ICA International Advanced Certificate in Anti Money Laundering, and ICA Specialist Certificate in Money Laundering Risk in Betting and Gaming, as well as a Compliance in Financial Services and MLRO Professional Certificate from LEAD Training Services, Malta. He is also trained in internet investigative skills and open-source investigations.

He specialises in SAR/STR investigations and reporting in the gambling and banking industries, sanctions and adverse media screening, reviews of AML policies and procedures in line with local legislation and EU directives, and leading automation processes within AML teams.

For every three courses booked from our KPMG Learning Suites, attendees receive a discount voucher of 40% to be redeemed on their next course purchased from any Learning Suite!

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