AML/CTF for asset management professionals (alternative & traditional investments) (e-learning)

Money laundering, terrorism financing and proliferation financing pose significant challenges with a substantial societal cost.

Recent headlines about scandals involving European financial institutions, the war in Ukraine and the support of Russian oligarchs in this conflict have only underscored the gravity of the issue.

The United Nations estimates that between 2 and 5% of the global GDP is laundered annually.

Anti-Money Laundering (AML) / Counter Terrorism Financing (CTF) and Counter Proliferation Financing (CPF) are topics of the highest importance for the financial sector, facing an increased risk of being exploited by criminals.

This digital learning experience on AML /CTF is specifically designed for asset management professionals to support the acquisition and assessment of essential AML knowledge and competence.

To complement your learning journey, check out our Anti-financial crime curriculum.

This e-learning embeds content entirely created by PwC experts and delivered through AI-powered visuals.

Price:

We deploy our e-learning solution as from 10 licences.

The price per licence varies on quantity purchased:

From 10 to 50 licences: EUR 75 each;
From 51 to 150 licences: EUR 70 each;
From 151 to 300 licences: EUR 60 each;
From 301 licences: EUR 50 each.

Duration: 1h

Language: Available in English. Other languages available on demand.

CONTACT US

Technical requirements:

A personal computer (recommended), tablet or smartphone
An up-to-date internet browser (Google Chrome recommended)
- Cookies should be enabled
- JavaScript should be enabled
A stable internet connection

Should the internet connection be lost during an e-learning session, the browser will need to be restarted when internet is back to resume the e-learning at the last step recorded by the learning management system before the connection went out.

Objectives

Our digital programme will allow participants:

To walk through important concepts pertaining to AML/CTF given participants' role, in a convenient and agile way.
- We will cover in particular:
  - the legal and regulatory requirements in the area of AML/CTF/CPF;
  - the latest changes in the international, European and Luxembourg legal and regulatory frameworks;
  - the changes and the latest CSSF and FIU circulars, regulations and annual reports;
  - the professional obligations and responsibilities of asset management professionals as expected by Luxembourg AML/CTF/CPF regulations;
  - the legislative changes brought by the EU AML Package.

Content

Content	Implementation	Designed for success	Premium learning experience
Key concepts pertaining to AML/CTF. Legal and regulatory framework in Luxembourg and beyond.	A comprehensive reference material can be downloaded to support learning and daily practice.	Developed with the best PwC’s AML experts. Updated with latest AML regulatory requirements. List the latest obligations with regard to the AML requirements.	High-quality and engaging videos Seasoned experts of the PwC AML taskforce being professionals specialised in asset management and alternatives.

Target audience

This digital learning solution is designed for employees of assets management companies and services

Our lead experts

This training has been designed by Birgit Goldak, Michael Weis, Cécile Moser and Camille Perez, Partners at PwC Luxembourg.

She coordinates AML services delivery with dedicated partners and their team, each specialised in a specific field of this broad and complex topic.

Birgit is specialised in the field of asset management and the various investment vehicles including alternative funds. As a recognised subject matter expert, she regularly provides dedicated training to the professionals of the asset management industry and is a keynote speaker on AML/CTF matters. She is a seasoned Boards of Directors trainer and has more than 20 years of international work experience in Luxembourg, UK, Canada and Germany.

Michael leads PwC’s Forensic Services practice and AML taskforce, overseeing investigations, remediation projects, and high-profile AML audits for banks and investment funds. He is the key contact for AML distribution due diligence in asset management and works closely with PwC’s global forensic network on international projects. As certified fraud examiner, Michael is recognized as an AML and forensic expert and actively contributes to industry working groups on fraud at the Institute of Internal Auditors (IIA) and the Institut Luxembourgeois des Administrateurs (ILA). He regularly conducts workshops and training on AML and fraud in Luxembourg and abroad.

Cécile, AML Services Partner, is specialised in the financial sector of Luxembourg, with a particular focus on AML and CTF regulations and internal control environments.

She manages and performs regulatory mandated AML and CTF reviews, identifies AML and CTF control issues or deficiencies for private banks, custodians, transfer agents, investment funds and management companies.

Cécile also provides advice on AML and CTF methodology and helps to develop AML/CTF procedures in line with local laws and regulations.

Camille is part of the financial services tax practice. During his professional career in France and Luxembourg, he has worked on tax consulting and compliance projects for banking, asset management and private equity clients for more than 15 years, getting a deep technical knowledge of the financial sector.

He is a core member of PwC Luxembourg’s tax transparency expert team (including Directive on Administrative Cooperation (“DAC”) version 1 to 8, AML tax, FATCA and QI) and has gained an extensive expertise in this field that he follows since 2011. He regularly facilitates tax transparency workshops (including on DAC6), for clients and more generally advises financial industry clients on how to comply with those EU/US tax related directives.