Events

Anti-money laundering (AML) and KYC for banks - fundamentals

160 €

at 1.8 KM
House of Training Follow

Training
Business
Cybersecurity
Legislation
Strategy
Finance
Taxation
Security
Anti-money laundering

thu. 27 Jun.

Description
Training schedule
goals
at the end of this training, the participant will have a good general understanding of the mechanisms involved in money laundering and the financing of terrorism and will know the principles and techniques to be applied to oppose it effectively. To do this, he will have analyzed In detail:
What is Bleaching and what are its features
The role of the FATF and that of the bank
Luxembourg legislation relating to this issue, the professions concerned, the underlying predicate offenses and the penal provisions applicable
Professional Obligations to respect In order to minimize the risks of money laundering
Indices to detect a bleaching operation (general indices, cash and foreign exchange transactions, transactions in account and deposits)
Of course, the constant regulatory evolution of this subject will be taken into account.
program
Money laundering
definition
Terrorist financing
operation
The gafi
Money laundering and the role of the bank
The main Luxembourg texts In force
The texts
The professions concerned
Primary offenses
The offense of money laundering
Professional Obligations of the Financial Sector
Customer Due Diligence Obligations
Simplified Customer Due Duty Obligations
Enhanced Customer Due Diligence Obligations
Execution of third party vigilance measures
Obligations of adequate internal organization
Obligation to cooperate with the authorities
Cooperation on request
Cooperation on own initiative
The transmission of information
Prohibition to inform the client
Prohibit executing suspicious operation
The obligation of professional secrecy
Restrictive measures
Some clues and cases of money laundering
Target audience
Anyone newly recruited in the financial sector or anyone wishing to deepen their theoretical knowledge.

Good to know

place
Luxembourg Chamber of Commerce
7, rue Alcide de GasperiL-1615 Luxembourg Luxembourg
Calculate the itinerary
Planning session Thu 27.06.2019
Download The Schedule pdf
Thu 27.06.2019 at 08h30
4h
Fight against money laundering and KYC - fundamentals
Luxembourg Chamber of Commerce
Planning session Thu 12.12.2019
Download The Schedule pdf
Thu 12.12.2019 at 08h30
4h
Fight against money laundering and KYC - fundamentals
Luxembourg Chamber of Commerce