Castille Institute, a well-established leader within the financial services and tech education sector is running the following courses in November 2018:
TRUST AND TRUSTEES IN MALTA - 7 November 2018
Over the past decade, the FinServ industry in Malta has worked hard to establish itself as a trust jurisdiction worthy of serious consideration due to its comprehensive regulatory and legal framework, the expertise of service providers, the tax environment and its judiciary. The Trusts and Trustees Act has and keeps providing a commendable platform for the creation of different forms of trusts (and foundations) and for the adequate authorisation and supervision of trustees. The trust vehicle is an important alternative to the traditional concepts we are used to work with and it is not to be underestimated in its validity or effectiveness. Whilst making sure that the most salient definitions are well understood, the aim of this seminar will outline the different aspects and mechanics of the Act, highlighting the most important features in the creation, life-time and eventual termination of a trust.
THE REGULATION OF CRYPTOCURRENCIES AND TOKENS WITHIN THE MALTESE AND EU REGIMES - 14 November 2018
The course will delve into the Virtual Financial Assets Act (VFAA) and its correlation with the MiFID regime by highlighting the main features of both regimes. Particular focus will be on the objectives and principles of the regimes vis-à-vis cryptocurrencies, their applicability in various scenarios such as utility tokens and security tokens, and how other local laws and applicable rules all interact with one another to establish the holistic framework.
Moreover, this course will highlight the main differences between the VFAA and MiFID, provide a high-level overview of the financial instruments’ test as finalised by the MFSA and will brief attendees on the practical challenges professionals will have to contend with when attempting to apply the VFAA within a MiFID regulated jurisdiction.
AML/CFT YOUR OBLIGATIONS UNDER THE 4TH AML DIRECTIVE AND WHAT TO EXPECT WITH THE INTRODUCTION OF THE 5TH AML DIRECTIVE - 15 November 2018
Over the recent years we have seen the introduction of more and more regulations which increase the level and onus of responsibility of Subject Persons and their respective MLROs. We are also experiencing higher levels of supervision and enforcement and consequently a larger number of administrative penalties being imposed. Non-Compliance is not an option – the consequences could be too great!
The aim of this briefing session is to provide those who constitute the Subject Person’s governing body, their firm and them as individuals, with a concise update on relevant regulatory updates, the respective implications as well as best industry practice and guidelines soon coming into force.
RISKS AND BENEFITS OF EMERGING TECHNOLOGIES - 21 November 2018
This course is designed to get participants quickly acquainted with various Emerging Technologies and the associated benefits and risks. From Cloud Computing to BlockChain to Artificial Intelligence, the course material is delivered through easy-to-understand presentations that are conducive to learning and that encourage participants to take valuable knowledge and best practices back to their workplace.
ANALYSIS OF FINANCIAL STATEMENTS FOR NON-ACCOUNTANTS IN BUSINESS - 22 November 2018
This session is primarily intended for those non-accountants that work with financial information in the course of their duties and responsibilities as presented in the various accounts and financial statements. The course will seek to help attendees understand better the underlying principles and concepts on which financial statements are based, get familiar with key accounting terms and measurements.
The course will cover the following topics:
i. The Accounting Framework
ii. Key standards and accounting measurements
iii. An overview of the requirements of IFRS and GAPSME
It will also present the main statements and their scope together with key ratios to gauge the performance and the financial state of a company. The course will focus on the interpretation of accounts with practical sessions involving Case Studies.
CORRESPONDENT BANKING - UNDERSTANDING THE RISKS AND MANAGING THE RELATIONSHIPS - 26 November 2018
Ensuring we maintain strong relationships with our correspondent banks is crucial to the ability of individuals and companies to transact internationally and for jurisdictions to remain part of the global financial network. The retention, maintenance & development of correspondent relationships is becoming increasingly difficult for all, but especially for smaller jurisdictions such as Malta, as the major banks continue to evaluate and mitigate their risks with de-risking programmes and tougher due diligence reviews of respondent relationships to meet increased regulatory obligations and expectations.
The primary aims of this seminar is to help delegates understand the risks associated with a correspondent relationship, from both sides, and to help in managing relationships held with non-Maltese based banks as well as with other international providers facilitating cross border wires. We will look at how to interpret their requirments, answer their questions and understand their expectations and responding appropriately.
FINTECH - TRANSFORMING FINANCIAL SERVICES - 27 November 2018
Over the past 2 decades continuous technological innovations have changed, quite drastically, the way traditional financial services are delivered to businesses and consumers worldwide. Technology has transformed the way we purchase goods in shops; it has enabled us to shop in online virtual shops from the comfort of our homes; has allowed us to instantly transfer money to friends and relatives anywhere in the world. Entrepreneurs can raise investments for business ideas in new ways. Tailored investment advice is provided by non-human advisors. And now, blockchain technology is challenging the centralised role financial institutions take in financial services, and promises to revolutionise the current model.
This is an introductory course to FinTech where we look at how technology is transforming the financial industry. During the course we will look at how different models and solutions have been developed and delivered. Concepts will be described in a non-technical fashion. Key topics include: the evolution of money, card payments, correspondent banking, robo-advisors, the blockchain revolution and regulatory/compliance frameworks.
COMPANY LAW IN MALTA - 29 November 2018
This course explores the key principles and concepts behind the legal founding and management of companies in Malta. Using the Companies Act 1995 as the main source of company law, it provides the legal background to the various possible stages a company can go through in its lifetime, from beginning to end. It also looks at the legal obligations a company and the people who run it, face whilst carrying out its everyday business.
Explained in plain language and using practical examples, this course provides enough technical detail for those who require a simple refresher as well as an overview of the major conceptual theories for those delegates looking for a general understanding of company law in Malta.
FUNDAMENTALS OF DOMAIN DRIVEN DESIGN - 30 November 2018
The aim of this course is to introduce and delve into the fundamental concepts behind Domain Driven Design.
The course will provide insight into this highly efficient design paradigm by providing real-life scenarios to be tackled and analysed by applying knowledge of DDD and its components.
Attendees will learn how to model complex problems and manage customer interactions in order to be able to produce efficient, unambiguous solutions through a clear and disciplined process.
This course is targeted primarily at all stakeholders of a software system involved in the design and development process of said: architects, senior developers, product owners and management figures.
The strategic design and collaboration modules will be of interest to many nontechnical personnel who have experienced development of complex software or multi-team development.
For further information or to book a seat contact Castille Institute on 20933280 or send us an email on email@example.com.