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