The basics of AML/CTF

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

Target audience

• AML/CTF beginners
• New staff members of the company
• Professionals supervised by the CSSF, the AED or the OEC

Goals

• Understand the regulatory aspects of AML/CTF
• Raise awareness of the AML/CTF mechanism
• Meet its AML/CTF requirements
• Discover 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)
• Main changes to the legal and regulatory framework

Duration

• 1h30

Language

• French/English

Useful information

• Access sent within 24 hours
• 100% online training
• The course can be interrupted and resumed at any time
• Attendance certificate available at the end of the course

Learning method & pedagogy

• Theoretical statements
• Case studies
• Quizzes
• Animations
• Diagrams
• Summaries