Presentation of Licences
On 3 February 2012 the Administration Director presented licences to the candidates who passed the professional exam during 2011. In this way 130 compliance officers in banks, insurance companies and broker-dealer companies, who work directly on the prevention of money laundering and terrorism financing on a daily basis, will officially receive the certificate of their knowledge and skills to pursue their job responsibilities successfully.
The Amendments to the AML/CFT Law from December 2010 require from the compliance officers to have the licence for the tasks of prevention of money laundering and terrorism financing.
The purpose of introducing the licencing is twofold – namely, the certificate of necessary knowledge and skills will strengthen the system for combating money laundering and terrorism financing, but will also strengthen the position of compliance officers in their employing institutions.
