In May 2020, the European Commission (EC) published its new AML/CTF action plan seeking to create common standards, application and supervision of EU rules in a more standardised manner. The AML action plan refers to the enforcement of existing rules, a single rulebook for EU member states, a new EU AML authority, coordination and support mechanism for FIUs, law enforcement and information sharing and a role for the EU at a global level. Its detailed requirements have been published in July 2021. In addition, there are related updates to regulations and industry trends that have occurred since and are expected to be implemented.
14 January 2025 (EN) - 10am-11am - On site
9 April 2025 (EN) - 10am-11am - On site
Price: 205.00 €
Duration: 1h
Language: Available in English, French and German. The supporting material is only available in English.
Number of participants: up to 20
You are interested in participating in this course but no sessions are currently scheduled? Please contact us and you will be added to our Show Interest list.
Target audience
The AML regulations apply to all "obliged entities" as defined in Article 2.1 of the amended law 12 November 2004:
Prerequisite: this course is an advanced module designed for people who are already familiar with the AML concepts and regulation.
This training is coordinated by Cécile Moser and Michael Weis, Partners at PwC Luxembourg.
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.
Michael, Financial Crime Leader and Partner in the forensic services, gained extensive knowledge in the investment management and banking industries.
As a key member of the internal controls practice of PwC, Michael specialises in the review of internal controls in the context of SAS 70 reviews and controls reports. He is the manager of various high-profile client assignments on internal controls reports and on Anti-Money-Laundering (AML) in the investment management industry.
Within PwC, Michael takes a key role in the AML taskforce and on internal controls work for the prevention of financial crime. He is coordinating the PwC’s Academy's “Fight against financial crime” leading training programmes that regularly involve international subject matter experts (e.g. transparency international, UN Security Council, FATF, SCPC, FSA, CSSF etc.).
Through his professional qualifications he specialises in compliance related topics such as internal controls frameworks, fraud prevention/investigation and AML.