Fri 1 Jan 2016
News - E-learning Anti Money Laundering & Counter Terrorist Financing for Fund Directors
Description
ILA is pleased to launch its 1st e-learning module on Anti-Money Laundering (AML) & Counter Terrorist Financing (CTF) training for Investment Fund Directors and Board members. This module has been developed by Deloitte under the guidance of the ILA AML Fund Steering Committee, composed of AML and Funds experts.

This module is designed to provide the fundamentals all Fund Directors need to know about AML & CTF and to assist them in complying with the legal requirements in Luxembourg. This 2-hour training is the condensed version of the existing classroom course. As such, this e-learning session is not designed for Money Laundering Reporting Officers who should preferably attend the advanced classroom version.

The course is highly interactive and is a combination of theoretical lectures, role-plays and practical exercises. At the end of the module, the course participant will be asked to complete a 15 question test. A score of 70% is requested to pass the test. The successful completion of the test will entitle the participant to a certificate of participation and a 2-hour CPD credit for the ILA Certified Directors.

The main features of the module are the following:
  • The steps of Money Laundering
  • Overview of Terrorist Financing
  • Overview of the legal & regulatory framework in Luxembourg
  • Risk in the Investment Fund industry
  • AML Professional obligations
  • Risk based Approach
  • Overview of AML controls for Funds
  • Key changes in the 4th AML Directive
Click on AML e-learing for Fund Directors to find out more and to register !
Attached you will find already a brief description of the registration process.
Documents
E-learning - Practical information | pdf file | 20 Ko