AML - Follow the money (e-learning)

Are you ready to support the Money Laundering Reporting Officer of a financial institution in investigating a complex situation? Are you able to efficiently deal with the business stakeholders to get the full picture and provide a reliable assessment?

'AML - Follow the money' is the new immersive financial sector digital case-study designed by PwC Academy and PwC’s subject matter experts to support the acquisition and assessment of essential AML knowledge and competence. Building upon the success of our AML Codename Black e-learning, it brings the learning experience to a new level.

This innovative learning solution leverages micro learning and embeds high quality videos, interactive quizzes and an evolving scenario. Gamification techniques allow to ‘live’ the case study and facilitate learning retention.

Get ready for a unique, immersive and lasting anti-money laundering training experience!

Please note that PwC Academy offers 3 versions of this e-learning module:

• An English version considering the Luxembourg regulatory framework.
• A French version considering the Luxembourg regulatory framework (in this version, the videos remain English spoken with a French text transcription).
• A non-jurisdiction specific English version considering the broader European regulatory framework.

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

• identify the different steps of the money laundering cycle;
• learn about the latest anti-money laundering regulation updates in Luxembourg;
• spot the red flags and link risk factors to understand main laundering techniques;
• consider the anti-money laundering controls cycle;
• challenge and apply AML internal controls;
• apply "Customer Due Diligence" (CDD) procedures to identify and manage key risk indicators within customer relationships;
• profile and monitor relationship activity;
• understand reporting obligation;
• assess their knowledge through games and the final quiz

• Introduction: concepts of money laundering
• Money Laundering: impact, process and strategies
• Administrative sanctions applicable to the field of money laundering
• Legal definitions and impacts of terrorism financing
• Definition and examples of predicate offences
• Business investigation red flags
• Descriptions and examples of AML measures:
  • Risk assessment
  • Customer due diligence
  • KYC
  • Transaction Monitoring
  • Internal Controls
• Glossary of vital directives in the AML field

We deploy our e-learning solution as from 10 licences.

• From 10 to 50 participants: 75 EUR
• From 51 to 150 participants: 70 EUR
• From 151 to 300 participants: 60 EUR
• More than 300 participants: 50 EUR

This e-learning, coordinated by Michael Weis, Partner at PwC Luxembourg, has been designed by experts of PwC Forensic Services.

Michael leads PwC’s Forensic Services practice and AML taskforce, overseeing investigations, remediation projects, and high-profile AML audits for banks and investment funds. He is the key contact for AML distribution due diligence in asset management and works closely with PwC’s global forensic network on international projects. As certified fraud examiner, Michael is recognized as an AML and forensic expert and actively contributes to industry working groups on fraud at the Institute of Internal Auditors (IIA) and the Institut Luxembourgeois des Administrateurs (ILA). He regularly conducts workshops and training on AML and fraud in Luxembourg and abroad.

Boris, Director, is the team leader of the PwC Forensic Service practice in Luxembourg. He is a subject matter expert in AML/CTF, sanctions and fraud related topics and member of the PwC internal anti-fraud and investigation task force, PwC internal AML taskforce and global financial crime team.

Alessandro is a director in the forensic services. He has been working on AML/CTF topics for more than 10 years and for PwC since 2015.