Training Session

Tuesday
Sep 22, 2020
11:00 AM

To

Tuesday
Sep 22, 2020
12:00 PM
Where ?
N/A
This is an online training
Who ?
Speakers

Objectives

This series consists of 4 modules. Attendance of all of them is possible and recommended, but not mandatory.

By the end of the live onlne training series, the participants will be able to:

  • Explain the Anti-Money Laundering (AML) rules and professional obligations currently applicable to Luxembourg UCIs, management companies and other financial institutions dealing with investment funds and will focus on their practical implications
  • Point out the latest developments related to the AML professional obligations resulting from recent (or upcoming) changes in the legislative framework and/or the case law at the time of the training and their impact on the practice of Luxembourg authorities and professionals in regards of:
    • Customer Due Diligence” (CDD) obligations
    • Internal organisational requirements
    • Practical approach to the obligation to cooperate with the relevant authorities
    • Development of good and bad AML practices on the basis of the latest activity report of the Cellule de Renseignement Financier and of the CSSF’s annual report

Content

Different parties involved in AML/CFT

  • Entities in scope of the AML/CFT Law
  • Allocation of the responsibilities
  • Internal supervision
  • External supervision

Cooperation with the authorities

  • Active cooperation
  • Passive cooperation
  • Applying CSSF’s identified AML/CFT best practices

Speaker(s)

Manfred Hoffmann (Counsel, Invesment Management, Arendt & Medernach).

Target Group

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

Duration

1 hour.

Language

English

Price

€150 - Discount applied to session 4 if attendance of all 4 sessions in the autumn cycle (same participant of an organisation): 100€

Point of attention

We will ask attendees to complete a quiz a few weeks after the session. We send training attendance certificates in case participants attended the complete session and completed the quiz.

This module is part of the “AML investment funds series”.

Attendance of all four modules is possible but not mandatory.

Please refer to our training agenda to view the description and dates of the other modules.

 

For any information, please contact us by e-mail institute@arendt.com

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Manfred Hoffmann

Manfred Hoffmann is a Counsel in the Investment Management practice of Arendt & Medernach. He specialises in investment fund work, advising clients on the corporate and regulatory aspects of structuring and creating UCITS and specialised investment funds. Manfred has also acquired over the last 15 years considerable knowledge and expertise in the regulatory framework relating to the combat against money laundering and terrorist financing applicable to investment funds. Since 2009 he is a permanent active member in the Anti-money Laundering Working Group of the Association of the Luxembourg Fund Industry (ALFI). He is further member of Arendt Institute providing investment fund related worksh...

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Arendt Regulatory & Consulting SA

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Arendt & Medernach SA

41A, Avenue JF Kennedy L-2082 Luxembourg info@arendt.com

T (352) 40 78 78 1
F (352) 40 78 04

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