Preventing Money Laundering
and Terrorist Financing
Course
Description
Preventing money laundering and terrorist financing is a key
responsibility of all professionals of the financial sector. In
Luxembourg, it is even a legal obligation to attend a course in
anti-money Laundering once a year. Because of the complexity of
these activities and the constantly changing legal environment
governing their prevention, regular training for financial service
professionals is more than just essential. fast training offers
anti-money laundering training courses targeted to the specific
needs of your staff.
A range of training is available, from day-long introductory
courses, to short, small, two-hour group coaching sessions for those
with more advanced knowledge. Full day training covers the essential
fundamentals of the prevention of money laundering and terrorist
financing. It is an excellent introduction for those new to the
profession or for those who are taking their first anti-money
laundering course.
Half-day training sessions are appropriate for most professionals
in the financial sector, as there is an assumption of some basic
knowledge. The course also covers updates and changes in the law
over the past twelve months and addresses hot issues in the
anti-money laundering sphere. Short coaching sessions are also
available for senior executives who work on a very tight schedule.
The precise focus of these short sessions will be decided in
agreement with you in advance of the session.
All these courses provide participants with the information and
training that they require to combat money laundering and terrorist
financing effectively. All versions of the course are updated
regularly to include the most recent regulatory and legal changes.
These can be adapted to different regulatory environments for
different course participants (e.g., Luxembourg, Ireland or the UK).
The course can also be adapted to different areas of financial
services, including transfer agency, private banking, retail banking
or insurance. A basic understanding of the relevant area of
financial services is assumed.
Learning
Objectives
By the end of any fast training anti-money laundering course,
delegates will
have a good understanding of
the relevant legal and regulatory framework for the
prevention of money laundering and terrorist financing typical transaction cycles of money laundering how to fulfil the obligation “to know your customer” (in
agreement with you, this part of any course can be adapted to
include your own precise procedures and documentation) the obligations of professionals of the financial sector to
prevent money laundering and terrorist financing how to identify suspicious transactions that are indicative
of money
laundering and terrorist financing activities what to do when a suspicious transaction is identified recent developments in the fight against money laundering and
terrorist financing
Target
Audience
fast training can respond to your specific needs, depending on
the knowledge levels and experience of those who need to be trained.
The range of courses are therefore appropriate for all
professionals in the financial sector.
Duration
The duration of the course depends on your specific needs. Please
talk to a
fast representative for more information.
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