We are launching Compliance Navi’s Autumn 2025 Training Program with one of the most essential and foundational topics for any regulated entity – how to build, manage, and develop the AML function from within.

Date and Venue

• 🗓 20 October 2025 (Wednesday)
• 🕘 09:30 – 12:30 (EET)
• 📍 In person, Sofia (venue details to be announced)

Who is this training for?

This training is suitable for:

• MLROs
• Members of AML, Compliance, Legal, Audit and Risk teams
• Managers and operational leads in regulated companies
• Representatives of VASPs, fintechs, leasing companies, banks, payment institutions, insurance firms and other obliged entities

What will we cover in depth?

1. Structuring the AML Function

• What does “sufficient resources” actually mean, and how do regulators interpret this requirement?
• Which roles must be present in the AML structure?
• What kind of employee profiles should we look for?
• Practical models based on the size of the organization:
  • Startups: 1–2 people + external support
  • Mid-sized companies: teams of 3–6 with split responsibilities
  • Banks and large institutions: well-developed three lines of defense
• Centralized vs. decentralized structures (e.g., across affiliated entities)
• What a solid AML organizational program should include

2. What Model and Positioning Should We Adopt for the AML Function?

Choosing the right AML model is a strategic decision that directly impacts the function’s authority, effectiveness, and ability to manage risk in a real-world business environment. In startups and small firms, AML is often a consolidated role – one person handles client onboarding, transaction monitoring, SAR preparation and regulatory contact. In larger organizations, the AML unit is structured with clearly defined roles, internal hierarchy, and direct accountability to senior management.

We’ll review common models:

• Centralized AML structure – all functions handled by a single team serving the entire company. Suitable for businesses with unified activity, centralized platforms, and low internal complexity.
• Decentralized structure – business lines or country units have their own AML teams coordinated by a group MLRO. Ideal for diversified risk profiles, international operations, or autonomous product teams.
• Hybrid model – strategic activities (risk assessment, regulatory communication, policy development) are centralized, while operational work (monitoring, initial reviews) is performed by local or business-aligned teams.

3. Defining Responsibilities and Managing the AML Team

• Differentiating between strategic, operational, and support tasks
• Delegating without losing control – how the MLRO can maintain oversight without doing everything alone
• Types of ongoing monitoring and reporting structures
• How to implement effective substitution during vacation or leave periods
• Engaging other departments – how to leverage support from Legal, IT, HR, and Internal Audit
• Prioritizing tasks when resources are limited
• Developing the AML team – training, mentorship, and career planning

4. Internal Communication and Collaboration with Business Units

• Common friction points between AML and business teams – how to anticipate and manage them
• Positioning the AML function as a business partner, not a blocker
• Structuring regular feedback loops and communication channels
• Integrating AML requirements into the development of new products and services
• How to handle “passive resistance” – teams that comply formally but ignore standards in practice

5. Regulatory and Client Communication

• When and how to engage with:
  • The Financial Intelligence Directorate (FID) at SANS
  • The Bulgarian National Bank (BNB), Financial Supervision Commission (FSC), NRA and other authorities
• Common mistakes to avoid in SARs and regulatory notifications
• How to prepare for on-site inspections and desk reviews
• How to manage communication with “difficult” or high-risk clients

6. Practical Case Studies and Open Q&A Session

• Participants can submit real challenges from their own AML work
• Example scenarios:
  • “I only have time for urgent tasks – what are the risks of incomplete work?”
  • “Management refuses to implement AML recommendations – how do I respond?”
  • “I’m under pressure to onboard faster – should I make a compromise?”

Trainers

• Dimitar Kolchakov, CAMS, CALE – Founder of Compliance Navi with over 15 years of international experience in banking, fintech, crypto and insurance. He is a certified expert in Compliance, AML, GDPR and MiCA.
• Kristina Kamberova, CALE – Compliance Services Manager at Compliance Navi, with 14+ years of experience in the banking industry across areas such as payments, card business, fraud prevention and transaction monitoring.

Pricing and Registration

• Standard Price: 350 BGN (VAT excluded)
• Early Bird (until 30.09.2025): 300 BGN (VAT excluded)

The price includes:

• Training materials and templates
• Coffee break and networking session
• Certificate of participation
• Access to a private group with resources and post-training updates

Registration:
Register via email at office@compliance-navi.com or use the online form: Register here

Why should you attend?

• Strong practical focus – no dry theory
• Real-world examples from banks, fintech, crypto, and payment companies
• Benchmark your AML structure against market best practices
• Direct access to two of Bulgaria’s leading AML experts
• Receive a certificate, full presentation, and hands-on guidance