AML/CFT overview

The training provides a detailed overview of recent developments and relevant regulations in the field of anti-money laundering law, with a focus on activities in Luxembourg.

The training highlights evaluations by the FATF, European Union directives, and specific obligations in Luxembourg. Topics include risk self-assessment, identification of beneficial owners, international sanctions, and the role of AMLA. The training emphasizes the growing importance of compliance and strengthened measures to combat money laundering.

• Legislative evolution of the EU in the fight against money laundering.
• Obligations and responsibilities of professionals in the Luxembourg financial sector.
• Importance of self-assessment of money laundering risks.
• Process of identifying beneficial owners and establishment of registers.
• Impact of international financial sanctions on economic operators.
• Emerging role of AMLA in centralized supervision of anti-money laundering efforts.
• Strengthened measures and aggravated sanctions for non-compliance.
• Combatting terrorism financing and sanction regimes.
• Increasing significance of compliance with anti-money laundering regulations.

Interactive presentations:

• Using visual presentations to explain key concepts.
• Incorporating interactive elements such as question-and-answer sessions and discussions to maintain participant engagement.

Quizz

Certificate provided at the end of the session.

An email is sent the day before the training with the details of the video conference.

Best Practices:

• Arrive 5 to 10 minutes before the training session.
• Before the session: conduct an audio test (video conferences often lose 10 to 15 minutes due to connection issues).
• Be punctual for the start of the session.

Some recommendations:

• Use headphones.
• Be in a quiet environment.
• Ensure a stable internet connection.
• Silence your mobile phone during the session.
• Avoid multitasking.
• Set up in an isolated and practical location for your cables and note-taking.
• Isolate yourself from any distractions and noise (TV, kitchen, etc.) for the duration of your training.
• Settle in your dedicated space, such as a desk; make sure to lock the door when you work - to prevent unexpected interruptions from children.