Financial Crime World

Luxembourg Firms Must Comply with AML Training Regulations: Get Certified with House of Training’s CAMS Course

As part of its efforts to combat money laundering and terrorist financing since 1987, Luxembourg has been at the forefront of legislation in this field. Financial institutions in the country are required by law to train their staff in anti-money laundering (AML) and terrorism financing (TF). To meet this requirement, House of Training offers a comprehensive CAMS (Certified Anti-Money Laundering Specialist) training program that is recognized worldwide.

Course Objectives

By the end of the course, participants will gain a solid understanding of:

  • Key AML laws and regulations
  • Money laundering strategies, methods, and techniques
  • How to identify and prevent money laundering practices
  • Implementing a dynamic AML system including know-your-customer (KYC) and due diligence procedures

Program Structure

The CAMS program consists of three modules:

ACAMS Laws and Regulations

  • 4-day seminar covering international AML standards, including:
    • FATF recommendations
    • Basel Committee guidelines
    • Wolfsberg Group principles

Exam Taking Techniques

  • 1-day seminar that prepares participants for the certification examination

Certification Examination

  • 4-hour online or in-center exam testing participants’ knowledge of AML detection and prevention

Course Material and Examination

  • Course material is available for download via the client portal before the start of the course
  • Participants will sit a 3.5-hour examination to obtain their CAMS certification, recognized worldwide by employers and regulators

Practical Arrangements

  • Online proctoring options
  • Test center locations in several countries
  • Proposed exam date is part of the registration process with House of Training
  • Requests to postpone or resubmit the exam are the responsibility of the candidate

Course Location and Registration

The training course will take place at:

Chambre de Commerce Luxembourg 7, rue Alcide de Gasperi, L-1615 Luxembourg

To calculate the itinerary and register for the course, please contact House of Training today.