Training Session

Tuesday
Apr 27, 2021
2:00 PM

To

Tuesday
Apr 27, 2021
4:00 PM
Where ?
N/A
This is an online training
Who ?
Speakers

Objectives

This series consists of 2 modules of 2 hours. Attendance to both of them is possible and recommended, but not mandatory.

By the end of the live online 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

  • Good reasons to take AML/CFT seriously
  • What is new in the Legislative and Regulatory framework?
  • Focus on RBE
  • Focus on identification of BO

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)

Claire Guilbert (Counsel, Investment 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

2 hours.

Language

English

Price

€300

Discount of 100 € applies to training date 2 (2 hours course) if attendance to the full series of overall 4 hours (same participant of an organization). We apply rebates only to belong together series (e.g. "series 1")

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 to the complete series is possible but not mandatory. Module 3 and 4 take place on 04.05.  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

Related Content

Claire Guilbert

Claire Guilbert is a Counsel in the Private Equity & Real Estate practice of Arendt & Medernach. She specialises in the structuring and launch of investment funds and fund managers, ensuring that clients address all relevant regulatory, corporate and operational aspects. She has particular expertise in private equity, debt and real estate strategies. She also assists with downstream transactional investment structuring. She has been a member of the Luxembourg Bar since 2012. From January 2015 to June 2016, Claire was seconded to Arendt & Medernach’s representative office in New York to assist US-based clients in the performance of fund structuring and transactions having a Luxembourg compone...

Discover the Author

Arendt Regulatory & Consulting SA

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

T (352) 26 09 10 1
F (352) 26 09 10 7750

Arendt & Medernach SA

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

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