Fundamentals of Anti-Money Laundering and Counter Terrorist Financing for the Non-Fund sector 2024

register now

Course outline

In light of the growing threat of financial crime, Anti-Money Laundering and Counter-Terrorism Financing is becoming a top priority for governments across the globe. As a result, the AML/CTF programs of financial professionals are imperative to achieving and sustaining governmental strategies to combat financial crime.

Corporate governance is the framework that directs and controls companies. Sound corporate governance enables a firm’s board and executives to work together to deliver a firm’s agreed strategy and meet its goals, including protecting the company from the AML & CTF risk. 

This course details your requirements as Board members and C-Suite leaders. It addresses in a comprehensive and practical way the questions you may be confronted with in the context of your professional duties.


Course Highlights

  • The Fundamentals of Money Laundering and Terrorist Financing
  • The AML/CTF legal and regulatory framework and landscapes
  • The AML/CTF professional obligations
  • The EU and Luxembourg AML/CTF frameworks
  • The latest Money Laundering developments
  • AML package
  • Whistleblowing
  • Penal and administrative sanctions
  • Hot topics


Benefits of the program

At the end of the course you will be able to:

  • Be familiar with the concepts of money laundering and terrorist financing.
  • Understand the hierarchy of regulatory frameworks governing AML & CFT.
  • Know the International, the EU and the Luxembourg authorities.
  • Familiarise with the core regulatory framework on AML & CTF.
  • Get an introduction to the Whistleblowing framework.
  • Identify your professional obligations within the financial sector.
  • Have applied and tested red flags in a case study.
  • Learn about the new AML Package, Sanctions and CSSF penalties & fines.
  • Connect the dots through the Regulatory Landscape (ESG, GDPR, AI, AML Tech)
     


Target audience

This training course is tailored for Directors and C-Suite Leaders outside the Fund Industry, designed for board members of all companies in the financial sector except for investment funds, where specific training is proposed by ILA.  


Practical details

  • Test at the end of the course: a score of 75% is needed for successful completion.
  • The participant has only 2 attempts to complete the course and will receive a certificate of participation upon completion only. 
  • Only upon reception of payment, the participant will have access to the e-learning course. The reconciliation is processed once a week. 
  • The registration to the course will close on 15 December. The e-Learning should be completed until 31 December 2024.

For registrations above 3 participants:

  • Please contact Emily Ball  (e.ball@ila.lu)  if you would like to register more than 3 participants to the course. A discount of 15% can be granted for a registration of 6 and above participants. 
  • The registration fees include the access to the learning platform and the issuance of a certificate of participation subject to the successful completion of the test.
  • Follow-up reporting for group registrations is  NOT included  but can be done upon request and would involve additional costs. 

    Date & Time
    To be completed until 31/12/2024

    Venue
    Online 

    CPD hours
    2.30 hours 

    Book your spot

    Member fee : 150,00€ (VAT excl.)

    Non-member fee: 250,00€  (VAT excl.)

    register now


    Share on Social Media 


    Speakers

    Speaker 1

    Non-executive Director

    Speaker 2

    Non-executive Director

    Speaker 3

    Non-executive Director

    Speaker 4

    Non-executive Director

    Agenda and schedule

    Venue

    An address must be specified for a map to be embedded


    Chambre de Commerce Luxembourg

    7 Rue Alcide de Gasperi 

    1615 Luxembourg - Luxembourg

    Contact the organiser

    Institut Luxembourgeois des Administrateurs

    events@ila.lu  | +352 26 49 58 5963