AML in Investment Funds

Duration

1,00 hours(s)

Language(s) of service

Next session

Who is organizing this training?

Fondation créée en 2015 par la Chambre de Commerce et l’Association des Banques et Banquiers Luxembourg (ABBL), la House of Training est un organisme agréé de formation professionnelle continue qui s'engage à contribuer activement à la compétitivité et à l'attractivité du Luxembourg en développant les compétences de ceux qui font vivre son économie.

Goals

This e-learning course is intended for all employees who work in the domain of Investment Funds. It is not jurisdiction-specific and can be used globally.

There are 4 main objectives of this e-learning course:

You gain an understanding of the AML risks posed by Investment Fund products and services
You can identify potential AML red flags on client transactions
You have an awareness of AML examples and typographies relevant to Investment Funds
You understand the obligations on regulators to perform monitoring and supervision activities in respect of Investment Funds

Risks: which are inherent in Investment Funds
Red Flags: which your members of staff should be particularly aware of;
Real Examples: money laundering or terrorist financing using products and services similar to yours;
Regulatory Inspections: what regulators look for when inspecting Investment Funds

Evaluation

There is a 10 question knowledge check at the end of the e-learning course with a standard pass mark of 80% and unlimited attempts. The 10 questions are drawn randomly from a larger bank of questions. Each attempt will draw a different mix of questions.