Financial Crime World

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Luxembourg Banks Required to Complete AML Compliance Training

In a move to combat money laundering and terrorism financing, Luxembourg has made it mandatory for all bank employees working in the country to undergo anti-money laundering (AML) compliance training.

Comprehensive Course Material

The comprehensive course covers essential topics including:

  • Legal and prudential requirements
  • Tasks and obligations of bankers
  • Interactions with clients

The training is offered in both face-to-face and distance learning formats, catering to diverse learning styles. Course material can be downloaded for free via a portal before the start of the course, allowing participants to access it on their mobile devices or print it if needed.

Key Topics Covered

The program delves into key topics such as:

  • Money laundering
  • Funding of terrorism
  • The role of banks in preventing these illegal activities
  • Luxembourg’s main texts in force, including definitions of primary offenses and obligations of financial sector professionals

Target Audience

Targeted at anyone newly recruited into the financial sector or seeking to deepen their theoretical knowledge, the course is essential for all bank employees working in Luxembourg. Participants will gain fundamental knowledge on the subject of combating money laundering and financing of terrorism, enabling them to effectively perform their duties.

Training Sessions

The training sessions are scheduled as follows:

  • September 24, 2024: 8:45 am - 11:45 am
  • September 26, 2024: 8:45 am - 11:45 am
  • October 1, 2024: 8:45 am - 11:45 am
  • …and several other dates until December 19, 2024

Venue and Logistics

The training is conducted at the Chambre de Commerce Luxembourg, located at: 7, rue Alcide de Gasperi L-1615 Luxembourg, Luxembourg

Participants are encouraged to calculate their itinerary accordingly.

Don’t Miss This Opportunity!

Don’t miss this opportunity to enhance your knowledge and skills in AML compliance and stay ahead of the curve in the ever-evolving financial landscape.