[ONLINE] From National Risk to Business Risk: Translating NRA Findings into the BRA and Governance Framework – 26 November

This practical CPD session provides participants with a structured approach to interpreting the NRA and embedding its findings into a robust, evidence-based Business Risk Assessment. The course will explore how national risk factors should be reflected within an organisation’s risk assessment methodology, customer and product risk assessments, geographic exposure, internal controls, and governance arrangements.

Instructed by: Stephanie Mangani. in: Uncategorized

Seminar Description

With Malta’s updated National Risk Assessment (NRA) expected in 2027, subject persons will be required to evaluate the revised national money laundering and terrorist financing risk landscape and consider its impact on their own Business Risk Assessment (BRA) and AML/CFT framework. Understanding the findings of the NRA is only the first step—organisations must be able to demonstrate how those findings have been assessed, documented and translated into proportionate business-specific controls.

This practical CPD session provides participants with a structured approach to interpreting the NRA and embedding its findings into a robust, evidence-based Business Risk Assessment. The course will explore how national risk factors should be reflected within an organisation’s risk assessment methodology, customer and product risk assessments, geographic exposure, internal controls, and governance arrangements.

Participants will also examine the practical implications of the updated NRA, discuss the steps organisations should take to review and enhance their existing BRA, and identify common weaknesses observed during regulatory examinations relating to risk assessment methodologies and governance.

Target Audience

This course is designed for professionals responsible for developing, reviewing, implementing or overseeing AML/CFT risk management frameworks within Maltese subject persons.

It is particularly suitable for:

• Compliance and Financial Crime Compliance professionals
• Risk management professionals
• Internal audit and quality assurance personnel
• Professionals responsible for preparing, reviewing or updating Business Risk Assessments

Key Takeaways

By the end of this session, participants will be able to:

• Understand the purpose and significance of Malta’s National Risk Assessment and its implications for subject persons.
• Assess the impact of the updated NRA on their organisation’s Business Risk
• Assessment and wider AML/CFT framework.
• Translate national ML/FT risks into a structured, business-specific BRA using a practical and defensible methodology.
• Align customer, product, service, delivery channel and geographic risk assessments with the findings of the updated NRA.
• Strengthen the linkage between identified risks, mitigating controls and residual risk.

CPE

Qualifies for 2 CPE Core hours

Course Fee

The course fee is €65.00 Non-Members €60.00 For Members. The fee covers seminar participation and access to event resources. Login details will be provided closer to the date.

A receipt will be issued to all participants.

Event Resources

Participants will receive the event resources by email.

Additional Information

For more information, kindly use the following communication mediums:

T: 21 58 53 74   M: 77 01 17 19   E: info@skillsmalta.com      Webpage: www.skillsmalta.com