Anti-Money Laundering & Counter Terrorist Financing

Which level is targeted at the end of the training course?

Advanced

How long does the training course last?

0,50 day(s)

4 CPD hours

In which language(s) is the training course taught?

When will the next session take place?

Contact the training provider

Who is organising this training course?

ILA is a non-profit organisation founded on 14th April 2005. It was launched in Luxembourg following the Second European Conference on Corporate Governance organized jointly by the European Presidency and the European Commission in order to aid and support Directors in their functions. ILA is an active member of ecoDa, the European Confederation of Directors Associations.

Who is the training course aimed at?

This course is dedicated explicitly to Directors and board members of investment funds in Luxembourg. It is also ideal for a Money Laundering Reporting Officer.

What are the prerequisites?

No pre-requisite is required.

What are the aims or the skills being targeted?

ILA is pleased to launch another session of its course on Anti-Money Laundering and Counterterrorism Financing specifically dedicated to Fund Directors. This four-hour session aims to provide fund directors and board members with an understanding of their increasing role, responsibilities, and obligations in preventing money laundering and terrorist financing.

Thanks to their professional experience in the Investment Fund Industry, our experts will cover not only the fundamentals of the prevention of money laundering and the regulatory environment from a Luxembourg perspective but also how to deal in case of suspicion of money laundering or terrorist financing.

What does the training course cover?

Legal & Regulatory framework
AML Professional Obligations
Overview of AML Controls for Funds
Hot Topics
Indicators of ML/TF in the Fund Industry
Case Studies
FIU Report & Typologies

What teaching methods are used?

This updated training (May 20224) will be interactive and practical examples will enhance the learning.

What will you receive at the end of the training course?

A certificate of participation will be provided to participants who have fully attended the course.

What course materials are provided?

The presentation will be provided before the training.

What other information is useful to know?

8:45 AM - Registration & welcome coffee

9:00 AM - Introduction

9:10 AM

Overview of Anti-Money Laundering Legal & Regulatory Framework in Luxembourg
Overview of Anti-Money Laundering professional obligations
Overview of AML controls for UCI’s

11:00 AM - Coffee break

11:15 AM

Hot topics in the Investment Fund Industry for Board members and on the RR/RC roles and obligations
Detection of Money Laundering indicators
Luxembourg FIU Report and Statistics for Luxembourg
Operational issues and types of shortcomings identified by the regulator (CSSF) and by independent statutory auditors
Summary, Questions and Answers

13:00 PM - Closing