Advanced AML/CTF training

This training entitles the participant to a certificate of participation issued by an approved professional training organisation under the number 10060172/3.

Target audience

• Membres du personnel exposés aux risques de blanchiment de capitaux et de financement du terrorisme
• Professionals supervised by the CSSF, the AED or the OEC

Goals

• Understand the regulatory aspects of AML/CTF
• Develop knowledge of AML/CFT
• Meet its AML/CTF requirements
• Make a suspicious activity report on the GoAML platform

Program

• Concepts of « Money Laundering » and « Terrorist Financing »
• Obligation to identify clients / client’s proxies / beneficial owners
• Risk-based approach and customer due diligence
• Identity verification of clients / client’s proxies / beneficial owners
• Adequate internal organisation (policies, procedures, training programs…)
• Cooperation requirements
• Detection of suspicious transactions
• Suspicious transaction reporting (GoAML)
• Predicate offences
• Performance of customer due diligence by third parties
• Ongoing due diligence on transactions (KYT)
• Group-wide adequate internal management requirements
• Supervisory powers of the supervisory authorities & self-regulatory bodies
• Administrative sanctions
• Criminal sanctions
• Main changes to the legal and regulatory framework

Duration

• 3h00

Language

• French/English