Training Session

Wednesday
Feb 1, 2023
9:00 AM

To

Wednesday
Feb 1, 2023
11:00 AM
Where ?
NA / live online session

Objectives

This training session ensures participants gain solid knowledge on specific AML/ CFT topics, including tax aspects. 

Content

Our legal expert teams up with a tax expert and will cover the following content: 

Legal and regulatory topics: 

  • AML/CFT legal and regulatory update (including TFS and counter proliferation financing screening)
  • AML/CFT Reporting
  • Customer - and asset due diligence
  • Outsourcing and delegation mandates

Aggravated tax fraud and tax evasion topics: 

  • Overview of the new regulations:
    • Analysis of the impacts that CSSF Circular 17/650 will have on assessing the risks of money laundering and terrorist financing.
    • Explanation and practical examples of the indicators listed in Appendix 1 of the Circular.
  • Due-diligence obligations:
    • How to note these suspicions in the internal control system.
    • What due-diligence obligations to apply to avoid dealing with funds derived from tax evasion.
  • Penalties:
    • What are the penalties of failing to adhere to the regulations?
    • Who is affected by the regulations?

Our experts will provide practical examples and time for Q&A is foreseen.

Speakers

Jennyfer Nündel (Counsel,  Investment Management, Arendt & Medernach)

Lucile Dos Santos (Senior Associate, Tax Law, Arendt & Medernach) 

Target Group

Professionals in charge of front office, administration, accounting, legal and compliance functions in banks, management companies, self-managed investment companies or other professionals of the financial sector.

Duration

2 hours 

Language

English

Price

300€

 

For more information please contact us by e-mail at institute@arendt.com

Related Content

Jennyfer Nündel
Counsel

Private Equity & Real Estate

Lucile Dos Santos
Senior Associate

Tax