KPMG Malta is preparing for its annual anti-money laundering roundtable being held on June 27, promising that the 10th edition will deliver thought-provoking content on emerging issues such as the upcoming AML directive and the Malta money laundering National Risk Assessment, which will be published later on this year.

2014 marks the 10th anniversary of the AML Roundtable, which over the years has seen attendance treble.

Topics to be discussed during the roundtable range from recognising what constitutes a suspicious activity to fraud and fraud mitigation.

Internationally, KPMG was named the Global AML Firm of the Year for 2014 by Finance Monthly and last month it was named AML Advisory of the Year by ACQ (Acquisition Finance) magazine’s Global Awards 2014.

The annual KPMG Global AML Survey provides an in-depth analysis of the AML landscape and a view into emerging areas of risk such as trade finance and tax evasion, as well as looking at AML trends within the insurance and asset management sectors. Some of the key findings highlighted in this year’s report include emphasis on the fact that AML issues are moving back up the agenda for senior management, that the costs of compliance continue to rise, and that Politically Exposed Persons (PEPs) remain an area of focus.

‘Know Your Customer’ continues to be an area of concern and sanctions compliance remains a challenge as new issues emerge.

http://goo.gl/ps2PYj