À distance

Formation - How to Set Up an Anti-Money Laundering Process

Learn how to build a risk-based approach depending on country / client (Know Your Customer) / products.

0,29 jour - 2 heures
À distance

What is the first step in establishing an AML program?

To defend the market from criminal enterprises, drug dealers, corrupt public officials, and terrorists, a regulatory AML and KYC policy that has to be adopted by all financial businesses. To do so, you have to build your own AML process into a real compliant company process.
If you don’t know where to start, follow our workshop to build an effective and operational process

  • Identify all zones and risks factors.
  • Understand the impact of a bad organization that does not respect the 4 pillars.

Compétences acquises
At the end of this training, you will have an overview of the process, which includes keeping proper records, reporting suspicious transactions, appointing a compliance officer, mapping risks and managing the relationship with the CSSF and the CRF.

  • Compliance Officers and Legal Officers. People in charge of developing and implementing anti-money laundering procedures.

How to Set Up an Anti-Money Laundering Process

Compliance function

  • Description of the Compliance function.
  • Compliance Policy and Compliance Charter.
  • Key responsibilities.

4 pillars

  • AML program.
  • How to build our organization?
  • How to build a Compliance Plan?
  • Which policy, which book of processes?

AML Assessment

  • AML 2nd line Assessment Review.

Efficient organization

  • How to build an efficient AML organization?

Which Company is concerned?

  • CSSF and CAA supervision.
  • Guidance and control for non financial companies.

How to prevent your organization?

  • Avoid penalties.

Stay vigilant during the COVID-19 crisis

  • Specific threats identified during COVID 19 crisis

Points forts
Nos intervenants
Yves Ganseman
Conducting Officer, CO et MLRO