Objectives

By the end of the session the attendees will have gained solid knowledge on the Luxemburgish legislative and regulatory framework applicable to Luxembourg investment funds and will have understood their obligations.

They hear on the latest trends on CSSF supervision and receive useful recommendation how to cooperate with authorities.

Content

The below content is proposed throughout the year 2022 and has been adapted according to Arendt's clients' "hot topics" and according to requirements and recommendation of authorities. 

Our expert will cover the following points: 

• Update on the legal and regulatory AML/CFT framework 
• The AML/CFT professional obligations applicable to investment funds in Luxembourg 

• • Identifying, assessing and understanding the ML/TF risks 

• • Applying due diligence measures on a Risk-Based Approach (RBA) 
  • Focus on tax predicate offences 
  • Focus on Targeted Financial Sanctions (TFS) and proliferation financing 
  • Internal organisation and procedures, including the roles and responsibilities of the RR and the RC 
  • Cooperation with the authorities, including no tipping-off rule and typologies of ML/TF suspicion cases 

• Latest trends on CSSF supervision 
• **Focus on a topic of organisation's choice** 
• Q&A 

Making training real, making it yours

Your requirement is a priority to us. You may choose one of the following topics to be integrated in the above content agenda: 

**list of topics**

• The upcoming EU AML package 
• Outsourcing / Third-party introducing 
• Reporting to the CSSF  

• Beneficial owners/Register of Beneficial Owner duties 
• KYC checklists 
• Allocation of responsibilities 
• Transaction monitoring 
• Building a country risk assessment 

• Defining and monitoring the ML/TF risk appetite 
• Preparing a CSSF on-site visit 

You may also contact us in case you wish to align the content of such a session differently and for implementation of a quiz in order to test participants' understanding. 

Speakers

Our speakers belong to both our specialised and complementary teams, and as such cover all legal, regulatory, taxation and advisory aspects of doing business in Luxembourg. We kindly invite you to check our training agenda where the speakers are listed on each training session.

Target Group

We propose the above agenda to experienced professionals in charge of front office, administration, legal and compliance functions in management companies, self-managed investment companies and other professionals of the financial sector supervised by the CSSF.

We can also cater for a more junior audience. 

Duration

1,5 hours.

We are pleased to amend the scope and duration according to the exact training needs and to the seniority of the audience. 

Languages

English, French (customised format).

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