Anti Money Laundering (AML) and KYC in Banking - Fundamentals and Case Studies

This training aims to help participants understand Money Laundering and Terrorist Financing mechanisms comprehensively. It covers Luxembourg regulations, relevant professions, offenses, FATF's role, customer due diligence, collaboration with authorities, global financial sanctions, and responsibilities. Practical exercises and case studies from the Financial Intelligence Unit will be used for illustration.

At the end of this training, the participant will have a good general understanding of the mechanisms involved in Money Laundering and Terrorist Financing and will know the principles and techniques to apply to oppose it effectively.

• The main Luxembourg regulations in force
• The professions concerned
• Detailed Money Laundering offenses
• The role and recommendations of the FATF
• Customer Due Diligence Professional Obligations
• Obligation to cooperate with the authorities
• Obligations relating to international financial sanctions
• Obligations relating to information accompanying the transfer of funds
• Anti-Money Laundering and counterterrorism indices
• Illustrations by practical exercises and cases published by the Financial Intelligence Unit

An exam is available for this course. Registration can be done online via this page.