Anti-money laundering and anti-terrorist financing

Good to know

1) Consequences of the 2017 tax reform
a. New sources AML / CFT
b. Objective of the circular
c. List of indicators
d. New definition of tax fraud applicable since January 1, 2017
e. The guidelines inherent in CSSF Circular 17/650
f. How to recognize in practice a case of tax evasion?
i. Example of methodology
ii. Illustrative examples + the different criteria
1. Economic reality
2. Tax residence
3. Transactions
4. Customer behavior / statement
g. Reminder on the obligation of cooperation with the authorities
2) Amendments to the AML / CFT Law entered into force on February 13, 2018
a. Amendments to the AML / CFT Law entered into force on 13 February 2018? ANP list
b. Circular CSSF 18/684
i. Simplified due diligence measures
ii. Enhanced CDD measures
iii. Sanctions and administrative measures
iv. Preservation of documents, deadline
c. Effects of the amendments of the Law of 13 February 2018 on on-site and off-site supervision of the CSSF
d. RISK-BASED APPROACH done by the professional
i. (I put all the criteria of the appendices of the Act)
e. Reminder of textual sources to fix risk
f. Last circular which will enter into force on June 26, 2018 (CSSF 17/661)
g. Reminder of textual sources for setting the country risk
h. Consequences of applying the High Risk
i. New products and new business practices
j. Risks related
k. The notion of reportable suspicion
i. + jurisprudence
ii. Reportable suspicion in tax matters
l. Make a declaration of suspicion to the CRF (go AML)
m. Conclusion on the Law of 13 February 2018
A qui s'adresse la formation?
All natural or legal persons defined in the article 2 of the anti-money laundering law of November 11, 2004.