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. 

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.